Agenda Item Title:
Title
The Community Development Department is recommending that the City Council approve the proposed budget for the Community Development Block Grant (CDBG) and Annual Action Plan for Fiscal Year 2017-2018.
Body
Presenter:
Mike Wilcox
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Description/Background:
A memorandum summarizing the proposed CDBG budget and process associated therein is attached.
Recommended Action and/or Suggested Motion:
Recommendation
1. That the proposed Community Development Block Grant Annual Action Plan for FY 2017-2018 be approved with the following provisions:
• If the final amount allocated by HUD is within 5% of the recommended budget, staff will distribute excess funds as it finds appropriate.
• If the final amount allocated by HUD is greater or less than 5% of the recommended budget, the budget will be brought back to the CDBG committee and the City Council for review.
2. That the City Council authorize Mayor Tom Dolan to sign the Annual Action Plan for FY 2017-2018.