Title
A Resolution Of The City Commission Of The City Of Hollywood, Florida, Authorizing The Appropriate City Officials To Execute The Attached First Amendment To The Community Development Block Grant (CDBG) Project Agreements With Each Eligible Agency For An Additional Allocation Of Community Development Block Grant Funds In The Amount Of $75,000.00.
Body
Staff Recommends: Approval of the attached Resolution
Explanation:
On September 21, 2016, the City Commission passed and adopted Resolution R-2016-237 which authorized the allocation of CDBG funds to be awarded to the following Public Service agencies:
1. Hispanic Unity for the Economic Development Services in an amount not to exceed $12,000.00;
2. Hope South Florida for the Live Hope- Living Independently Via Employment Program in an amount not to exceed $10,714.00;
3. Impact Broward for the Foster Grandparent Program in an amount not to exceed $10,369.00;
4. Russell Life Skills and Reading Foundation for the City of Hollywood Russell Reading Rooms Program in an amount not to exceed $18,100.00;
5 Second Chance Society for the Hand-Up Program in an amount not to exceed $8,357.00;
6. Washington Park Childcare Center for the Subsidized Early Childhood Education and Family Strengthening Programs for Low Income Families in the City of Hollywood in an amount not to exceed $5,518.00.
On October 19, 2016, the City Commission passed and adopted Resolution R-2016-309, which approved reducing the advance debt service payment on the City's Section 108 Loan by $75,000.00 and allocated $75,000.00 to the six CDBG-funded Public Service agencies described herein.
On November 9, 2016 the Community Development Advisory Board (CDAB) held a public hearing to consider disbursement of the additional funding. The CDAB unanimously recommended allocating the maximum amount originally requested by each agency per their application to serve additional individuals, leaving a balance of $138.00 to be divided evenly among th...
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