Number
110915
Version
ORIGINAL
Reference
Sponsor
THE CHAIR
Title
Resolution authorizing the transfer of the 2012 Community Development Block Grant and 2012 HOME funding for Neighborhood Improvement Project activities from the YMCA-Community Development Corp. to the Community First Inc. organization.
Analysis
Body
Whereas, The YMCA-Community Development Corp. has notified the Community Development Grants Administration (CDGA) in the attached letters of their plan to transfer their Community Development Block Grant (CDBG) funding, and HOME funding for the Neighborhood Improvement Project activities to Community First, Inc.; and
Whereas, The amount of 2012 funding to be transferred to Community First, Inc. will be as follows: CDBG $198,801, and HOME $735,000. The transfers of funds are effective January 1, 2012; now therefore, be it
Resolved, That the Common Council of the City of Milwaukee hereby approves the transfer of funding and shelter activity as stated above from the YMCA-Community Development Corp. to Community First, Inc.; and, be it
Further Resolved, That Community First, Inc. 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 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 Community Development Entitlement Funding Program.
Requestor
Drafter
CDGA-CommFirst
10/26/11