HomeMy WebLinkAboutMINUTES - 12131988 - 1.49 1-04 0-
TO: BOARD OF SUPERVISORS
Contra
FROM: Harvey E. Bragdon C )sta
Director of Community Development
DATE: November 23 , 1988
SUBJECT: Approval of the 1988-89 Community Development Block Grant Program
Project Agreement Amendment; Pacific Community Services
SPECIFIC REQUEST(S) OR RECOMMENDATIONS(S) & BACKGROUND AND JUSTIFICATION
RECOMMENDATIONS
Authorize the Chair to approve an amendment to the 1988-89 program
project agreement with Pacific Community Services, Inc. increasing
the . payment limit from $93 ,591.79 to $143 ,591.79 with $50 ,000
reallocated from the CDBG contingency fund.
FISCAL IMPACT
None ( 100% HUD Funds)
BACKGROUND/REASONS FOR RECOMMENDATIONS
The sponsor has been successful in marketing and packaging loans
for the economi& development program. This additional funding will
enable them to fund the new loans now pending until the end of the
program year.
CONTINUED ON ATTACHMENT: YES SIGNATURE
RECOMMENDATION OF COUNTY ADMINISTRATOR RECOMMENDAT ON F OARD COMMITTEE
APPROVE OTHER
SIGNATURE(S) :
ACTION OF BOARD ON APPROVED AS RECOMMENDED OTHER
VOTE OF' SUPERVISORS
I HEREBY CERTIFY THAT THIS IS A
X 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.
cc: Community Development ATTESTED
CAO (via Risk Management) P I BATCHE OR, CLERK OF
County Counsel THE BOARD OF SUPERVISORS
Auditor (c/o Nona) AND COUNTY ADMINISTRATOR
Contractor
BY DEPUTY
sel/jb/paccom.bos