Title
Accept FY12 CDBG
Summary
DESCRIPTION OF TOPIC: (who, what, when, where, why, and how much)
Accept a Community Development Block Grant (CDBG Project No. LR-CM-PF-12-007) in the amount of $450,000 from the Alabama Department of Economic and Community Affairs (ADECA) with $610,700 in cash matching funds from Riviera for a total project cost of $1,060,700 to rehabilitate public sewer services in the Aaronville community.
SOURCE OF FUNDING:
Please provide the amount requested: _$1,060,700___________
Is this a budgeted item? Yes /No
Please provide the budgeted amount: $_____________ Account No. ___Fund # 29 will be established________________________
If budgeted, is this a capital purchase, capital project, or special fund? _________________________
Was this item included in the Fiscal Year Capital Projects Plan? Yes/No
If yes, please provide the amount included in Capital Projects Plan: $___________
Body
WHEREAS, the City of Foley was awarded a Community Development Block Grant (CDBG Project No. LR-CM-PF-12-007) in the amount of $450,000 from the Alabama Department of Economic and Community Affairs (ADECA) on September 12, 2012 to rehabilitate public sewer services in the Aaronville community, and
WHEREAS, the total project cost is $1,060,700 and Riviera Utilities will provide $610,700 in cash matching funds contributions towards the project, and
WHEREAS, Riviera Utilities has agreed to provide for the long-term operation and maintenance costs of the proposed improvements.
NOW THEREFORE BE IT RESOLVED that the City Council of the City of Foley, Alabama, as follows:
SECTION 1: Wishes to accept the grant award from ADECA and authorizes the Mayor to sign the grant start up documents, the grant agreement, and other grant related documents on behalf of the City.
SECTION 2: Appoints Suzanne Kellams to serve as the Grant Manager, who will be responsible for submitting all required reports, reimbursement requests, and other correspondence to the Granting Agency.
SECTION 3: Amends the budget accordingly and approves the expenditure of the grant funds. Fund Number 29 will be established to track all activity of the grant.
SECTION 4: This Resolution shall become effective immediately upon its adoption as required by law.