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AGENDA ITEM REVIEW FORM |
6.G.
Regular City Council Meeting
- Meeting Date:
- 04/11/2018
- Department Head:
- Jenny Torres
- Submitted By:
- Dania Castillo, Economic Development Assistant, Administration, Economic Development
Action Requested:
Motion
Resolution
Resolution
ITEM:
Discussion and possible action on any and all matters regarding Resolution No. 2041. A resolution of the Mayor and City Council of the City of San Luis, Arizona, committing local funds as leverage for FY 2017 Community Development Block Grant State Special Project application. (Jenny Torres, Economic Development Manager)
SUMMARY:
The Arizona Department of Housing released a notice of funding availability for Community Development Block Grant State Special Project (CDBG-SSP). The City of San Luis is proposing to submit an application for the maximum grant amount of $300,000.00 for International Plaza I Improvements. In order to meet the scope of work and be more competitive, committing $230,000.00 of local funds to be used as leverage with CDBG funds will allow the completion of the proposed project.
RECOMMENDATION / SUGGESTED MOTION:
I MOVE TO APPROVE AND ADOPT RESOLUTION NO. 2041.
Fiscal Impact
- IS THERE FISCAL IMPACT ASSOCIATED WITH THIS ITEM:
- Yes
- CITY/STATE/FEDERAL FUNDS:
- City
- TOTAL:
- $230,000.00
- BUDGETED AMOUNT:
- $230,000.00
- AVAILABLE AMOUNT TO TRANSFER:
- N/A
- ACCT NAME & GL#/REMAINING BALANCE BEFORE PURCHASE:
- TBD
FISCAL IMPACT STATEMENT (IF THIS IS A BUDGET TRANSFER, YOU MUST ATTACH THE BUDGET ADJUSTMENT FORM):
Public Works will allocate funds in their 2018-2019 budget.