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AGENDA ITEM REVIEW FORM |
7.E.
Regular City Council Meeting
- Meeting Date:
- 03/23/2016
- Department Head:
- Jenny Torres
- Submitted By:
- Dania Castillo, Economic Development Assistant, Community Development Department
Action Requested:
Motion
Resolution
Resolution
ITEM:
Discussion and possible action on any and all matters regarding Resolution No. 1137. A resolution of the Mayor and City Council of the City of San Luis, Arizona, County of Yuma, committing local funds as leverage for a Fiscal Year 2015 Community Development Block Grant application. (Jenny Torres, Community Development Director)
SUMMARY:
Per the engineer's cost estimate, the cost to complete improvements on Merrill Avenue Phase I is approximately $406,561.00. The maximum grant amount available under a Community Development Block Grant State Special Projects application is $300,000.00. Committing local funds as leverage in the amount of $106,561.00 will complete Phase I of the project and will allow for a more competitive grant application. Public Works will allocate $106,561.00 in the 2016/2017 budget for this purpose.
RECOMMENDATION / SUGGESTED MOTION:
I MOVE TO APPROVE AND ADOPT RESOLUTION NO 1137.
Fiscal Impact
- IS THERE FISCAL IMPACT ASSOCIATED WITH THIS ITEM:
- Yes
- CITY/STATE/FEDERAL FUNDS:
- City
- TOTAL:
- 106,561.00
- BUDGETED:
- 106,561.00
- AVAILABLE TO TRANSFER:
- 0
- ACCOUNT #/REMAINING BALANCE:
- 0
FISCAL IMPACT STATEMENT (IF THIS IS A BUDGET TRANSFER, YOU MUST ATTACH THE BUDGET ADJUSTMENT FORM):
Public Works will allocate funds in their 2016/2017 budget.