HomeMy WebLinkAboutMINUTES - 08171993 - 1.67 Contra
TO: BOARD OF SUPERVISORS
Costa
FROM: Harvey E. Bragdon �r� ,;,;r�a
County
Director of Community Development
DATE: August 17, 1993
SUBJECT: Return of unused balances to the CDBG contingency fund.
SPECIFIC REQUEST(S) OR RECOMMENDATIONS (S) & BACKGROUND AND JUSTIFICATION
RECOMMENDATIONS
AUTHORIZE the return of the unused Community Development Block Grant
Funds in the amount of $29,567 .27 to the CDBG Contingency Fund;
REDIRECT $149,059 . 79 from the 1993-94 Contingency Fund to the 1993-94
Housing Development Assistance Fund; CARRY FORWARD 1992-93 ending
balance of the Contingency Fund and the Housing Development Assistance
Fund and add them to the appropriate 1993-94 fund.
FISCAL IMPACT
None ( 100% HUD funding)
BACKGROUND/REASONS FOR RECOMMENDATIONS
The unexpended funds listed are to be carried over into the 1993-94
Contingency Fund. The purpose of the Contingency fund is to provide
funds for capital improvement projects that experience shortfalls
during the program year. (cont. )
CONTINUED ON ATTACHMENT: YES SIGNATURE:
RECOMMENDATION OF COUNTY ADMINISTRATOR RECMIS ATION F BOARD COMM TEE
APPROVE OTHER
SIGNATURE(S) :
ACTION OF BOARD ON AUG 17 1993 APPROVED AS RECOMMENDED OTHER
VOTE OF SUPERVISORS
I HEREBY CERTIFY THAT THIS IS A
UNANIMOUS (ABSENT ) TRUE AND CORRECT COPY OF AN
AYES: NOES: ACTION TAKEN AND ENTERED ON THE
ABSENT: ABSTAIN: MINUTES OF THE BOARD OF
SUPERVISORS ON THE DATE SHOWN.
Contact: Larry Jones
646-4208
cc: Community Development ATTESTED AUG 17 10
CAO PHIL BATCHELOR, CLERK OF
Auditor (c/o Nona) THE BOARD OF SUPERVISORS
County Counsel AND COUNTY ADMINISTRATOR
Contractor
BY , DEPUTY
LJ7 money19.bos
ACTIVITY ANOUNT
Program Income $21,248. 16
18-24 Volunteers of American 3,895 . 63
18-22 AIDS Project of Contra Costa 4,361 .53
18-15 Rubicon Building Bridges 61 . 95
TOTAL $29,567 .27
Carry forward from the 1992-93 program year the following balances
to the appropriate program fund for the 1993-94 program year.
Contingency $227,124.71
Housing Development Assistance Fund $125,785.21
On February 2, 1993, the Board of Supervisors approved the Contra
Costa County Housing and Community Development Program Final
Statement of Community Development Objectives and Projected use of
funds . The statement was submitted to, and approved by the U.S.
Department of Housing and Urban Development. The Final Statement
included an allocation of $6.44,700 for the Housing Development
Assistance Fund. The allocation of $644,700 contains the following
components; $125,785 .21 Housing Development Assistance carry over
funds from program year 18 ( 1992-93) , $369,860 allocation in
program year 19 ( 1993-94) funds, and $149,054 . 79 from the program
year 19 ( 1993-94) Contingency fund.