Number
090748
Version
SUBSTITUTE 1
Reference
Sponsor
THE CHAIR
Title
Substitute resolution relating to the use and allocation of the Large Impact Development (LID) funds.
Analysis
This resolution awards funding to Large Impact Development (LID) projects utilizing the 2009 Entitlement funds in the amount of $300,000.
Body
Whereas, The Community Development Grants Administration released Request-for-Proposals for the LID; and
Whereas, The several organizations submitted Request-for-Proposals (Refer to Attachment A); and
Whereas, The Community and Economic Development Committee recommends approval to allocate LID funding in the amount of $300,000; now therefore, be it
Resolved By the Common Council of the City of Milwaukee, that the award(s) are approved for the organization(s) listed in Attachment A; and, be it
Further Resolved, That the Community Development Grants Administration is responsible for awarding a subrecipient contract(s) for the approved activity(ies); and, be it
Further Resolved, That the subrecipient organizations shall submit budget and activity reports in amounts and according to any conditions approved by the Common Council and in accordance with File Number 74-92-5v, to the Community Development Grants Administration and the City Comptroller for review and approval; and, be it
Further Resolved, That payments for CDBG cost incurred shall be paid in accordance with approved CDBG reimbursement policy based on the approval by the Community Development Grants Administration and the City Comptroller; and, be it
Further Resolved, That except as modified by this resolution, the guidelines for handling the Community Development Block Grant Program set forth in Common council File Number 74-92-5v are fully applicable to the Community Development Entitlement Funding Program.
.Requestor
Drafter
CDGA-LID-09
10/13/09