City of Milwaukee - File #: 050370

• File #: 050370
• Version: 0
• Type: Resolution
• Status: Passed
• File created: 7/6/2005
• In control: COMMUNITY & ECONOMIC DEVELOPMENT COMMITTEE
• Final action: 7/26/2005
• Title: Resolution to amend an agreement attached to resolution 031612, authorizing the use of Community Block Grant Reprogramming funds for health care of uninsured persons and Milwaukee Health Services, Inc.
• Sponsors: THE CHAIR
• Indexes: COMMUNITY DEVELOPMENT BLOCK GRANT, HEALTH CARE

Date	Ver.	Action By	Action	Result	Tally
8/2/2005	0	MAYOR	SIGNED
7/26/2005	0	COMMON COUNCIL	ADOPTED	Pass	15:0
7/19/2005	0	COMMUNITY & ECONOMIC DEVELOPMENT COMMITTEE	RECOMMENDED FOR ADOPTION; Minutes note: Appearances: Bevan Baker, Commissioner, Milwaukee Health Department Steve Mahan, Director, Community Block Grant	Pass	4:0
7/13/2005	0	COMMUNITY & ECONOMIC DEVELOPMENT COMMITTEE	HEARING NOTICES SENT
7/6/2005	0	COMMON COUNCIL	ASSIGNED TO

Number
050370
Version
Original
Reference
031612
Sponsor
THE CHAIR
Title
Resolution to amend an agreement attached to resolution 031612, authorizing the use of Community Block Grant Reprogramming funds for health care of uninsured persons and Milwaukee Health Services, Inc.
Analysis
This resolution amends an agreement attached to resolution 031612, authorizing the use of Community Block Grant Reprogramming funds for health care of uninsured persons and Milwaukee Health Services, Inc., by releasing Milwaukee Health Services, Inc. from its requirement to hold a letter of credit.
This provision, included in the Service Agreement between the City of Milwaukee and Milwaukee Health Services (MHS), Inc., requires Milwaukee Health Services, Inc. to obtain and hold a letter of credit in the amount of $93,000 which can be drawn upon by the City in the event that any final settlement by the Centers for Medicare and Medicaid with Milwaukee Health Services, Inc. results in a negative balance.
Body
Whereas, Resolution 030162, adopted April 13, 2004, declared the intent of the Common Council to allocate $150,000 in 2004 Community Block Grant reprogramming funds to Milwaukee Health Services, Inc. for the purpose of providing health care to uninsured persons; and

Whereas, Resolution 030162 included an attachment that amended the service agreement between the City of Milwaukee and Milwaukee Health Services, Inc.; and

Whereas, The amended service agreement required that, in order to provide financial protection to the City of Milwaukee in the event of negative cost adjustments against Milwaukee Health Services (MHS) by the Centers of Medicare and Medicaid, Milwaukee Health Services was to obtain a letter of credit in the amount of $93,000 which could be drawn upon by the City in the event that a program year ended with a negative balance for MHS in its financial obligation to the City; and

Whereas, Legacy Bank, 2102 West Fond du Lac Avenue, M...