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AI- 80453
Budget and Management   15.B.
CC REGULAR AGENDA SPECIAL MTG
Other
Meeting Date:
04/20/2021
Submitted For:
Sergio Cruz
Submitted By:
Merlen P. Munoz, BUDGET & MANAGEMENT
Department:
BUDGET & MANAGEMENT

Information

CAPTION

Discussion, consideration and approval of a short-term loan to Community Service Agency in the amount of $500,000.00 to be repaid from grant reimbursements 90 days after the expiration of the Emergency Solutions Grant - Corona Virus Program (ESG-CV).

BACKGROUND

On 3/30/21 CC approved MOU with CSA to administer the ESG-CV Grant received by Urban County (AI-80137); loan provided to CSA are start-up funds to initiate expenditures for the Emergency Solutions Grant.

Fiscal Impact

CALENDAR YEAR:
2021
ACCT. #:
1-1100-491-03-000-485-0-891
FUNDS AVAILABLE Y/N?:
Y
MATCHING FUNDS Y/N?:
N

BUDGETARY IMPACT:

Funds available pending posting of transfer#1611.

Attachments

No file(s) attached.

Form Review

Inbox Reviewed By Date
Merlen P. Munoz mmunoz 04/16/2021 03:45 PM
Budget and Management Veronica Ortiz 04/16/2021 04:02 PM
Final Approval Monica Salinas 04/16/2021 07:34 PM
Form Started By:
mmunoz
Started On:
04/16/2021 08:36 AM
Final Approval Date:
04/16/2021