Title
A Resolution Approving Application for the FY2020 PWEAA NOFO for the EDA’s CARES Act Recovery Assistance
Summary
City of Foley requests permission to apply for the FY2020 Public Works and Economic Adjustment Assistance Notice of Funding Opportunity (PWEAA NOFO) for the Economic Development Administration’s (EDA’s) Coronavirus Aid, Relief, and Economic Security Act (CARES Act) Recovery Assistance. Applications are being submitted on a rolling basis until all available funds have been expended. The project application will request between 80-100% funding based upon EDA representative’s recommendation. The application may offer in-kind services and/or cash as a source of potential matching funds.
Budgetary Impact:
Non-Capital Item:
____ Budgeted under account #_______________ (discussion item)
____ Not budgeted, requesting transfer of $__________ from Account #______________ to Account #_____________.
____ Not budgeted requiring increase to account #___________ in the amount of $____________.
Capital - Departmental
____ Budgeted under account #______________ for $___________ and described in budget as __________________________________.
____Additional amount needed, if any: Increase in budget of $_____________ OR, transfer of $___________ from Account #____________ to Account #_______________
___ Not Budgeted - account # __________________________ requires budget increase of ____________.
Capital Project - **THE PRE-PROJECT CHECKLIST AND BUDGET CHECKLIST MUST BE ATTACHED TO THIS FILE**
In current year Capital Projects Plan:
_____ Yes, planned amount $___________, requesting $_________ as total project estimate, including contingencies, under account #_________________
_____ No, requesting $___________ as total project estimate, including contingencies, under account #____________________
Body
WHEREAS, City of Foley requests permission to apply for the FY2020 Public Works and Economic Adjustment Assistance Notice of Funding Opportunity (PWEAA NOFO) for the Economic Development Administration’s (EDA’s) Coronavirus Aid, Relief, and Economic Security Act (CARES Act) Recovery Assistance, and
WHEREAS, applications are being submitted on a rolling basis until all available funds have been expended, and
WHEREAS, the project application will request between 80-100% funding based upon EDA representative’s recommendation, and
WHEREAS, the application may offer in-kind services and/or cash as a source of potential matching funds.
NOW THEREFORE BE IT RESOLVED that the City Council of the City of Foley, Alabama, as follows:
SECTION 1: Approves the City of Foley to apply for FY2020 PWEAA NOFO for the EDA’s CARES Act Recovery Assistance.
SECTION 2: This Resolution shall become effective immediately upon its adoption as required by law.