HomeMy WebLinkAboutMINUTES - 11031992 - 1.61 ' �r
HOUSING AUTHORITY OF THE COUNTY OF CONTRA COSTA
TO: BOARD OF COMMISSIONERS DATE: November 3, 1992
Richard J. Martinez, Acting Interim Executive Director
FROM:
MIDNIGHT BASKETBALL LEAGUE REQUEST FOR
SUBJECT: FINANCIAL ASSISTANCE WITH INSURANCE
I. RECOMMENDED ACTION:
AUTHORIZE the Acting Interim Executive Director of the Housing Authority of the
County of Contra Costa to loan the Midnight Basketball League $1,080.00 from its
Local Management Fund for insurance coverage for one season, as approved by the
Advisory Housing Commission.
II. FINANCIAL IMPACT:
The loan of $1,080.00 from the Local Management Fund to the Midnight Basketball
League would be made with the stipulation that the funds would be repaid should the
League secure funding from the Keller Canyon Landfill Community Assistance Mitigation
Trust Fund.
III. REASONS FOR RECOMMENDATION/BACKGROUND:
The Housing Authority has received a request from Midnight Basketball to assist
them in the payment of their insurance coverage for one season - November 1992
through January 1993. The cost for this insurance is $1,080.00.
As you are aware, Los Medanos College will be providing physical resources with
support from its faculty and staff. However, no funding has been secured for the
payment of the insurance coverage necessary for this program. Should the Housing
Authority fund the insurance for the first season, the kick-off dates and planned
schedules would remain on target.
Midnight Basketball has applied for funding from other resources. They have
also submitted an application for $80,000 from the Keller Canyon Landfill Community
Assistance Mitigation Trust Fund. Should this funding be awarded, Midnight
Basketball would reimburse the Housing Authority for its support.
At its Regular Meeting on Monday, October 19, 1992 the Advisory Housing
Commission voted to recommend approval of a loan of $1,080.00 to the Midnight
Basketball League for insurance coverage for one season, with the stipulation that
these funds would be repaid should the League secure funding from the Keller Canyon
Landfill Community Assistance Mitigation Trust Fund.
CONTINUED ON ATTACHMENT: YES SIGNATU1tEt
RECOMMENDATION OF EXECUTIVE DIRECTOR RECOMMENDATION 4dF BOARD WLIMITTEE
APPROVE OTHER
SIGNATURE(S)
ACTION OF BOARD ON APPROVED AS RECOMMENDED 5e_ OTHER
VOTE OF COMMISSIONERS
X, UNANIMOUS (ABSENT ) I HEREBY CERTIFY THAT THIS A TRUE AND
AYES: NOES: CORRECT COPY OF AN ACTION TAKEN AND
ABSENT: ABSTAIN: ENTERED ON THE MINUTES OF THE BOARD
OF COMMISSIO RS ON THE DATE SHOWN.
CC: ATTESTED
9�� ' Z 2 Z'9?
Phil Batchelor. Clerk of the
Board of Commissioners
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M302/7-83 BY V . DEPUTY