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AGENDA ITEM REVIEW FORM |
6.F.
Regular City Council Meeting
- Meeting Date:
- 05/26/2021
- Department Head:
- Mary French-Jones
- Submitted By:
- Mary French-Jones, Grants Writer, Administration, Economic Development
Action Requested:
Motion
Resolution
Resolution
ITEM:
Discussion and possible action on any and all matters regarding Resolution No. 2178. A resolution of the Mayor and City Council of the City of San Luis, Arizona, County of Yuma, committing local funds as leverage for FY 2021 Community Development Block Grant applications. (Mary French-Jones, Grant Writer and Jenny Torres, Economic Development Manager)
SUMMARY:
Upon advancement of FY 2021 Community Development Block Grant Regional Account (CDBG-RA) Arizona Department of Housing allocation is $540,171.00 for the City of San Luis. A local leverage commitment of $486,317.00 by the City of San Luis will assist in completing the Mesa Street Improvements Project.
Upon advancement of FY2021 Community Development Block Grant Regional Account (CDBG-RA Alternate Application) Arizona Department of Housing allocation is $540,171 for the City of San Luis. A local leverage commitment of $70,115.00 by the City of San Luis will assist in completing the Rancho Los Oros Phase 3 Project.
The FY 2021 Community Development Block Grant State Special Project (CDBG-SSP) maximum award amount is $500,000.00 for an application. Contingent on award a local leverage commitment of $223,000.00.
Upon advancement of FY2021 Community Development Block Grant Regional Account (CDBG-RA Alternate Application) Arizona Department of Housing allocation is $540,171 for the City of San Luis. A local leverage commitment of $70,115.00 by the City of San Luis will assist in completing the Rancho Los Oros Phase 3 Project.
The FY 2021 Community Development Block Grant State Special Project (CDBG-SSP) maximum award amount is $500,000.00 for an application. Contingent on award a local leverage commitment of $223,000.00.
RECOMMENDATION / SUGGESTED MOTION:
I MOVE TO APPROVE AND ADOPT RESOLUTION NO. 2178, COMMITTING CITY FUNDS FOR THE COMMUNITY DEVELOPMENT BLOCK GRANT APPLICATIONS AS PRESENTED.
Fiscal Impact
- IS THERE FISCAL IMPACT ASSOCIATED WITH THIS ITEM:
- Yes
- CITY/STATE/FEDERAL FUNDS:
- City
- TOTAL:
- $1,749,488
- BUDGETED AMOUNT:
- See Fiscal Impact Statement
- AVAILABLE AMOUNT TO TRANSFER:
- See Fiscal Impact Statement
- ACCT NAME & GL#/REMAINING BALANCE BEFORE PURCHASE:
- See Fiscal Impact Statement
FISCAL IMPACT STATEMENT (IF THIS IS A BUDGET TRANSFER, YOU MUST ATTACH THE BUDGET ADJUSTMENT FORM):
We are allocating budget capacity in FY 2020 budget $1,749,488 for the completion of these projects as follows. GL accounts to be determined:
Matching funds for Mesa Street CDBG-RA $486,317.00
Matching Rancho funds for Los Oros II CDBG-SSP $223,000.00
Grant Funds Budget Allocation: $1,040,171
If is not feasible to complete Mesa project next year, the funds allocated to the Mesa project will be utilized to pursue Rancho Los Oros III project (CDBG_RA Alternate). This project requires $70,115.00 match which is less than the amount we have allocated in the budget for Mesa Street. No need to increase budget for alternate. Only two projects can be completed in one year.
Matching funds for Mesa Street CDBG-RA $486,317.00
Matching Rancho funds for Los Oros II CDBG-SSP $223,000.00
Grant Funds Budget Allocation: $1,040,171
If is not feasible to complete Mesa project next year, the funds allocated to the Mesa project will be utilized to pursue Rancho Los Oros III project (CDBG_RA Alternate). This project requires $70,115.00 match which is less than the amount we have allocated in the budget for Mesa Street. No need to increase budget for alternate. Only two projects can be completed in one year.