Number
101381
Version
SUBSTITUTE 1
Reference
Sponsor
THE CHAIR
Title
Substitute resolution authorizing the transfer of CDBG NIP Supplemental funds from the YMCA CDC to the Social Development Commission.
Analysis
This resolution will authorize the transfer of $35,000 of CDBG NIP Supplemental funds from the YMCA CDC to the Social Development Commission.
Body
Whereas, The Common Council of the City of Milwaukee has previously approved the award of $35,000 to the YMCA Community Development Corp. for the 2011 NIP Supplemental program; and
Whereas, The YMCA Community Development Corp has notified the Community Development Grants Administration (CDGA) of their non-acceptance of NIP Supplemental funds (see attached letter); and
Whereas, The Community and Economic Development Committee recommends the award of the 2011 NIP Supplemental funds to the Social Development Commission in the amount of $35,000; now therefore, be it
Resolved, By the Common Council of the City of Milwaukee that the Community Development Grants Administration is authorized to award the 2011 NIP Supplement funds as stated above; and, be it
Further Resolved, That the Social Development Commission. 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-2...
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