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HomeMy WebLinkAboutMINUTES - 04231985 - 1.58 TO: BOARD OF SUPERVISORS FROM. Anthony A. Dehaesus Contra Director of Planning Costa DATE: April 4, 1985 x . - County SUBJECT: Approval of Return to Contingency of Certain CDBG Funds SPECIFIC REQUEST(S) OR RECOMMENDATION(S) & BACKGROUND AND JUSTIFICATION RECOMMENDATION: Authorize the return to Community Development Block Grant Program Contingency Fund $50,283.85. FISCAL IMPACT: None. REASONS--FOR`RECOMMENDATION/BACKGROUND: Funds made available when there are residuals remaining after projects are completed or from program income on repayments of loans are recaptured and added to the Contin- gency fund.- The Contingency funds then serves as a source of additional funds for new projects or those projects experiencing shortfalls. The following completed activities or loanrepayments can now be recaptured and added to Contingency: Activity # 7-2 Housing Weatherization Program $ 556.56 10-17 Oakley Storm Drain Improvements 1 ,940.79 9-20 Sandhill Water Hookup Program 40,000.00 9-3 Muir Senior Citizen Apartments (Loan Payments) 7,786.50 Total $ 50,283.85 CONTINUED ON ATTACHMENT: YES SIGNATURE, J�PAR;D RECOMMENDATION OF COUNTY ADMINISTRATOR ECO ME DATION COMMITTE17 APPROVE OTHER SIGNATURE(S) vi ACTION OF BOARD ON, Apr • APPROVED AS RECOMMENDED OTHER VOTE OF SUPERVISORS X UNANIMOUS (ABSENT I HEREBY CERTIFY THAT THIS IS A TRUE AYES: NOES: AND CORRECT COPY OF AN ACTION TAKEN ABSENT: ABSTAIN: AND ENTERED ON THE MINUTES OF THE BOARD OF SUPERVISORS ON THE DATE SHOWN. CC: Planning Dept. ATTESTED April 23 , 1985 County Administrator Office PHIL BATCHELOR. CLERK OF THE BOARD OF Auditor-Controller SUPERVISORS AND COUNTY ADMINISTRATOR County Counsel M382/7-83 - BY _ DEPUTY