Submitted By: James Haynes
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Presentation By: James Haynes
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Department: Community Development Services
STAFF RECOMMENDATION (Motion Ready):
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Accept the City of Ocala’s Fiscal Year 2023-24 Community Development Block Grant agreement totaling $496,815
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OCALA’S RELEVANT STRATEGIC GOALS:
Fiscally Sustainable, Operational Excellence
PROOF OF PUBLICATION:
N/A
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BACKGROUND:
The City of Ocala is recognized as a federally entitled community based upon its population and therefore receives an annual allotment of Community Development Block Grant (CDBG) funding. The funding for Fiscal Year 2023-24 has been awarded by the Department of Housing and Urban Development (HUD).
FINDINGS AND CONCLUSIONS:
HUD has awarded the City of Ocala $496,815 to carry-out programs through CDBG that improve neighborhoods; provide decent, safe, and affordable housing; and create economic opportunities with special focus on serving low-and moderate-income level persons.
CDBG funding will be expended through strategies approved in the 2019-2023 CDBG Consolidated Plan. The funds are governed by HUD guidelines, including encumbrance and expenditure deadlines.
There is an accompanying budget resolution on the consent portion of this agenda.
FISCAL IMPACT:
Source:
346-331-000-000-09-33154 CDBG Entitlement Grant $ 496,815
Uses:
346-060-640-554-55-12020 Salaries & Wages - Admin $ 80,000
346-060-640-554-55-21010 FICA - Taxes Admin $ 6,121
346-060-640-554-55-22012 Retirement-Gen Emp DC - Admin $ 6,400
346-060-640-554-55-23010 Life & Health Insurance - Admin $ 10,297
346-060-640-554-55-24010 Workers’ Compensation - Admin $ 104
346-060-640-554-55-40010 Travel & Training - Admin $ 5,000
346-060-640-554-55-54010 Books, Publications, Subscriptions $ 3,000
346-060-642-554-61-61010 Land (Acquisition) $ 25,000
346-060-643-554-55-46020 Clearance & Demolition $ 25,000
346-060-644-554-55-34010 Other Services - Rehab $335,893
TOTAL $496,815
PROCUREMENT REVIEW:
N/A
LEGAL REVIEW:
This Agreement will be reviewed and approved for form and legality by City Attorney, William E. Sexton.
ALTERNATIVE:
• Approve with Changes
• Table
• Deny