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HomeMy WebLinkAboutMINUTES - 03061984 - 1.38 TO: BOARD OF SUPERVISORS FROM: Anthony A. Dehaesustra Director of Planning Costa County DATE: February 27, 1984 SUBJECT: Approval of Amendment to the Ninth Year (1983-84) Community Development Block Grant Program (CDBG) Agreement and Reallocation of Funds; City of Martinez (Original Agreement Executed on July 14, 1983). SPECIFIC REQUEST(S) OR RECOMMENDATION(S) Q BACKGROUND AND JUSTIFICATION RECOMMENDATIONS 1. Authorize the Chairman to execute the amended contract with the City of Martinez increasing the payment limit by $70,000 from $53,390.93 to $123,390.93 to provide financial assistance for the Martinez Hotel project; and 2. Approve the reallocation of $70,000 from the Community Development Block Grant Contingency Fund to the Hotel project. BACKGROUND The City of Martinez requested $70,000 funding for the "River House" (The Hotel) from the economic development contingency fund in order to complete needed exterior and public improvements to the building. These improvements are part of the downtown revitalization program and the Hotel renovation will serve as the anchor for the western sphere of downtown Martinez. The renovation work will create refurbished store fronts which will yield as many as 15 jobs. • L CONTINUED ON ATTACHMENT: YES SIGNATURE,,//: RECOMMENDATION OF COUNTY ADMINISTRATOR RECO MENDATI OF B ARD COMMITTEE APPROVE OTHER SIGNATURE(S) ACTION OF BOARD ON APPROVED AS RECOMMENDED OTHER VOTE OF SUPERVISORS 1 HEREBY CERTIFY THAT THIS IS A TRUE X UNANIMOUS (ABSENT ) AND CORRECT COPY OF AN ACTION TAKEN AYES'. NOES. AND ENTERED ON THE MINUTES OF THE BOARD ABSENT: ABSTAIN: OF SUPERVISO =ONTHEATE SFIOWN. �/ cc: County Administrator ATTESTEDG , ��Z'/ Auditor-Controller J.R. OLSSON, COUNTY CLERK Community Services Department AND EX OFFICIO CLERK OF THE BOARD Contractor via Planning ! 000149 Planning DEPUTY M382/7-83 BY V '