Number
080447
Version
SUBSTITUTE 2
Reference
Sponsor
THE CHAIR
Title
Substitute resolution relating to the reallocation of funds from the West End Development Corporation to other community-based organizations.
Analysis
This resolution authorizes the transfer of 2008 CDBG and HOME funding from the West End Development Corporation to other community-based organizations.
Body
Whereas, West End Development Corp. has notified the Community Development Grants Administration (CDGA) in the attached letter of their plan to dissolve the organization; and
Whereas, CDGA has contacted other community-based organization to assume the responsibilities of the West End Dev. Corp. activities and the remaining 2008 CDBG and HOME funding balances; and
Whereas, The remaining balance as of 7/31/08 of CDBG and HOME funds from the West End Development Corp. will be transferred to other organizations. The following outlines the 2008 transfer:
Transfer
Activity Organization
Mainstreet Avenues West Association, Inc.
Minor Home Repair Merrill Park Neighborhood, Assoc.
Neigh Improve Prog (NIP) YMCA-Comm. Dev Corp.
CHDO: Acq/Rehab/Sell Harambee Ombudsman Proj. Inc. CHDO: Operating Costs Harambee Ombudsman Proj. Inc.
Large Impact Dev. Project Milwaukee Econ Dev. Corp (MEDC)
;and
Whereas, CDGA has attached letters of acceptance from each organization listed above; now therefore, be it
Resolved, That the Common Council of the City of Milwaukee hereby approves the transfer of activities and the remaining balance of 2008 CDBG and HOME funds as of 7/31/08 to other community-based organization stated above; and, be it
Further Resolved, That each organization shall submit budgets and activity reports for the amounts listed above 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 and HOME costs incurred, shall be paid in accordance with approved CDBG and HOME 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 2008 Community Development Entitlement Funding Program.
Requestor
Drafter
CDGA-WestEnd-A
07/21/08