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AI- 8395
9.C.
CC REGULAR
Meeting Date:
03/18/2008
Submitted By:
Estella Webber, URBAN COUNTY
Department:
URBAN COUNTY

Information

CAPTION

Hidalgo County Precinct No. 1 is requesting approval to enter into an Interlocal Agreement with the Delta Region Revitalization Corporation for the contribution of CDBG funds to Mercado Delta utilizing Urban County CI Infrastructure Development Funding Year 16 (2003), Year 17 (2004), Year 18 (2005) and Year 19 (2006).

BACKGROUND

The County agrees it is in its best interest to provide assistance to the Delta Region Revitalization Corporation and is requesting approval to enter into an Interlocal Agreement in which the County will contribute funds to include, but not limited to, the infrastructure and development of Mercado Delta.  Approval is recommended by Hidalgo County Precinct No. 1.

Funds Available:
Year 16 (2003) CI Infrastructure Development             $    3,164.07
Year 17 (2004) CI Infrastructure Development             $  20,908.45
Year 18 (2005) CI Infrastructure Development             $    1,341.23
Year 19 (2006) CI Infrastructure Development             $292,760.00
Total Amount of Interlocal Agreement:                          $318,173.75


Fiscal Impact

FISCAL YEAR:
ACCT. #:
Urban County Fund
FUNDS AVAILABLE Y/N?:
Y
MATCHING FUNDS Y/N?:

BUDGETARY IMPACT:

Funds Available as of 3/13/08:
Year 16 (2003) CI Infrastructure Development $ 3,164.07
Year 17 (2004) CI Infrastructure Development $ 20,908.45
Year 18 (2005) CI Infrastructure Development $ 1,341.23
Year 19 (2006) CI Infrastructure Development $292,760.00

Attachments

Form Review

Inbox Reviewed By Date
Budget and Management Dina Trevino 03/13/2008 07:15 AM
Auditor's Office 03/14/2008 04:18 PM
Form Started By:
ewebber
Started On:
03/12/2008 02:57 PM
Final Approval Date:
03/14/2008