Number
010826
Version
SUBSTITUTE 2
Reference
Sponsor
THE CHAIR
Title
Substitute resolution relative to the requests for 2001 Reprogramming Funds. Appropriation and/or recommendations of funds from the CDBG and HOME Contingency Accounts.
Analysis
Body
Whereas, The Community Development Committee on October 30, 2001 approved funding of activities noted below using 2001 HOME reprogramming funds; now therefore, be it
Resolved, By the Common Council of the City of Milwaukee, that these funds are budgeted for the Community Block Grant Administration which is authorized to:
1). Expend from the amount appropriated sums for specified purposed as indicated in the grant budget and incur costs consistent with the award date;
2). Enter into subrecipient contracts as detailed in the grant budget; and, be it
Further Resolved, That the Community Block Grant Administration is responsible for awarding subrecipient contracts for each of the approved activities for reprogramming as follows:
Organization Name HOME Funds
YWCA $ 274,000
(Condition on HUD approval)
West End Development Corp. $ 520,000*
Westside Housing Cooperative $ 500,000*
South Community Organization $ 165,000*
NIDC – New Housing Construction $ 250,000
Ezekiel Community Dev. Corp. $ 180,054
NIDC-TIN $ 88,017
$1,977,071
*Reprogramming funds with conditions
; and, be it
Further Resolved, That these projects are required to submit budget and activity reports in amounts and according to any conditions approved by the Common Council and the Mayor, and in conformance with File Number 74-92-5v to the Community Block Grant Administration and the City Comptroller for their review and approval; and, be it
Further Resolved, That payments for CDBG costs incurred shall be paid in accordance with approved CDBG reimbursement policy based on the approval by the Community Block Grant Administration and City Comptroller of a Budget Forecast (CDA-51).
Requestor
Drafter
2001-Cont-2
10/31/01