Number
220465
Version
ORIGINAL
Reference
Sponsor
ALD STAMPER
Title
Resolution relating to the reallocation of Community Development Block Grant CARES Act 2 (CDBG-CV2) funding from One Hope Made Strong, Inc. to Gibraltar Development of Milwaukee Corp.
Analysis
This resolution authorizes the reallocation of One Hope Made Strong, Inc. 2020 HOME reprogramming award in the amount of $125,000 to Gibraltar Development of Milwaukee, Corp.
Body
Whereas, The Common Council of the City of Milwaukee has previously approved the CDBG-CV2 award of $125,000 to One Hope Made Strong, Inc. for Skilled Trade Training; and
Whereas, One Hope Made Strong, Inc. has notified the Community Development Grants Administration (CDGA) of their need for a fiscal agent, CDGA is recommending the funds be reallocated to Gibraltar Development of Milwaukee, Corp to serve as fiscal agent; now therefore, be it
Resolved, By the Common Council of the City of Milwaukee that the Community Development Grants Administration is authorized to distribute the CDBG-CV2 funding as stated above; and, be it
Further Resolved, That funded projects 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-CV2 cost incurred shall be paid in accordance with approved CDBG-CV2 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-OneHope-Gibraltar
Steven Mahan/Mario Higgins
07/11/22