Title
Approval of a Resolution to accept the 2012 HOME Investment Partnership Act grant in the amount of $106,655 and Budget Amendment 22115000-05-30-12A.
Presented by Michael Fischer, Deputy City Administrator
Body
Item Summary:
This resolution authorizes the acceptance of the 2012 HOME Investment Partnership Act grant award in the amount $106,655 and the obligation of the required $22,664 match from the grant match fund contingency funds.
Committee or Staff Recommendation:
On May 15,2012 the Administration, Finance, Recreation and Parks Committee recommended placing this Item on the May 30, 2012 Mayor and Council Agenda.
Financial Impact:
Upon approval of budget amendment 22115000-05-30-12A, $129,319 will be available in Org 22115000, Object 572010, Project 18004; $22,664 will be transfered from Operating Contingency: Org 10015850, Object 579020, Project 14003. Upon approval $282,646.10 will be remaining in Operating Contingency.
Presented by:
Michael Fischer, Deputy City Administrator