Title
Approves Application For The USDA's Rural Business Development Grant (RBDG) For No More Than $150,000 For Eligible City Projects
Summary
application for up to $150,000 for equipment to be for eligible City projects.
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,the RBDG program provides grants to support activities leading to the development or expansion of small and emerging businesses in rural areas; and
WHEREAS, the City of Foley will apply to the USDA's RBDG program for grant assistance to provide essential equipment for eligible City projects.
NOW THEREFORE BE IT RESOLVED that the City Council of the City of Foley, Alabama, as follows:
SECTION 1: Approves application to U.S. Department of Agriculture's Rural Business Development Grant for grant assistance for no more than $150,000 to provide ...
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