Title
A Resolution to Use the Funds Previously SubAwarded to the South Baldwin Regional Workforce Development Authority
Summary
Previously on 24-1092-RES, the City requested to accept a $500,000 grant from ADECA to be passed through the City to the South Baldwin Regional Workforce Development Authority (SBRWDA). The intention of these funds was for the ongoing economic development project, specifically for the establishment and operations of the Gateway Workforce Education Career Campus on a parcel of land on Foley Beach Express. Part of these funds were spent by the SBRWDA, but the authority is no longer an active board. The authority has passed the control of this grant back to the City of Foley. There is $80,644.20 in funds that have yet to be drawn down from ADECA, and two checks that were cut from the Authority to the City of Foley totaling $97,253.50 ($69,762.50 and $27,491.00) leaving a total of $177,897.70 left to be spent from this grant. The City received a quote from Riviera Utilities totaling $177,135.00 in order to provide water and sewer across beach express and to relocate a power pole at the Foley Beach Express parcel. The City requests to memorialize the payment to Riviera Utilities for these utilities using the grant funds and will draw down $79,881.50 from the ADECA funds to cover the expenses leaving $762.70 remaining in grant funds.
Budgetary Impact:
Non-Capital Item:
____ Budgeted under account #_______________ (discussion item)
____ Not budgeted, requesting transfer of $__________ from Account #______________ to Account #_____________.
__X__ Not budgeted requiring increase to account #100-6010-4200 ADECA S Baldwin Workforce Authority Grant in the amount of $79,881.50 and #100-6010-6025 ADECA S Baldwin Workforce Authority Expense in the amount of $177,135.00
Capital - Departmental
____ Budgeted under account #______________ for $___________ and described in budget as __________________________________.
____Ad...
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