Minutes 06/12/2018 - Laserfiche WebLink

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June 12, 2018  The grant funds will be spent in April and May 2019 during the City’s 2019 fiscal year. Staff Recommends:  Adoption of the ordinance. Next Steps Following Council Action:  The Deputy City Manager & Director of Marketing, Communications & Tourism or his designee will provide grant management and oversight. Motion by Ms. Lucas-Burke, and seconded by Ms. Psimas, to adopt the following ordinance, and was adopted by the following vote: “ORDINANCE ACCEPTING A GRANT IN THE AMOUNT OF $10,000 FROM THE VIRGINIA TOURISM CORPORATION AND APPROPRIATING SAID AMOUNT IN THE FY 2018 GRANTS FUND FOR USE BY THE DEPARTMENT OF MARKETING, COMMUNICATIONS AND TOURISM TO MARKET THE 2019 UMOJA FESTIVAL.” Ayes: Clark, Lucas-Burke, Moody, Psimas, Smith, Whitaker, Rowe Nays: None 18 - 219 - Adoption of an ordinance accepting an additional $157,971 of Community Development Block Grant (CDBG) program funds and an additional $112,199 of HOME Investment Partnerships program funds and appropriating said amounts in the FY 2019 Community Planning and Development Fund for use in implementing the Annual Action Plan. Background:  As part of the FY 2019 budget adoption process, the City’s budget was approved with expected HUD entitlements and expected program income for the CDBG and HOME programs.  As part of the FY 2019 budget adoption process, the City expected a CDBG entitlement of $1,399,104 and a HOME entitlement of $340,584. The total amount of funds expected was $1,739,688. Discussion:  The US Department of Housing and Urban Development (HUD) announced the allocation for CDBG and HOME after completion of the City budget process. The allocations were higher than anticipated. The actual allocation for CDBG is $1,557,075 and the actual allocation for HOME is $452,783, for a total allocation of $2,009,858. The allocation is $270,170 more than expected at the time of City budget adoption.  The additional CDBG and HOME funds need to be appropriated by City Council. Financial impact:  The funds will support activities in the existing Annual Action Plan and there will be no impact to service delivery.  These changes will ensure consistency between the actual revenue received and the adopted City budget. Recommended Action:  Adoption of the ordinance. Next Steps Following Council Action:  The funds are approved and available upon authorization of the appropriation. Motion by Mr. Moody, and seconded by Mr. Smith, to adopt the following ordinance, and was adopted by the following vote: