Loading...
HomeMy WebLinkAboutMINUTES - 06122007 - C.100 -:.. Contra Costa TO: BOARD OF SUPERVISORS County FROM: Dennis M. Barry, AICP Y = Community Development Director DATE: June 12, 2007 SUBJECT: CONSULTANT SERVICES FOR THE COMMUNITY DEVELOPMENT BLOCK GRANT SMALL BUSINESS/MICROENTERPRISE REVOLVING LOAN PROGRAM SPECIFIC REQUEST(S) OR RECOMMENDATIONS(S) & BACKGROUND AND JUSTIFICATION RECOMMENDATION APPROVE and AUTHORIZE the Deputy Director-Redevelopment, or designee, to execute a contract amendment with Urban Financial Services Group, LLC., effective April 1, 2007 to extend the term from July 1, 2007 through June 30, 2008 and increase the payment limit by $43,500 to a new payment limit of $95,500 to continue to provide consulting services for managing and administering the Community Development Block Grant (CDBG) Small Business/Microenterp rise Revolving Loan program. FISCAL IMPACT None, 100% U.S. Department of Housing and Urban Development funds. BACKGROUND /REASONS FOR RECOMMENDATIONS In December 2005, the Community Development Department issued a Request for Proposals (RFP) to provide consultant services for the CDBG Small Business/Microenterprise Loan Program (Program) for a period from January 1, 2006 through June 30, 2007 (18 months). Urban Financial Services Group (UFSG) was the successful bidder and has been providing CONTINUED ON ATTACHMENT: _X_YES SIGNATURE: _X—RECOMMENDATION OF COUNTY ADMINISTRATO RECOM ENDATION OF B ARD COMMITTEE +/4PPROVE OTHER SIGNATURE(S): ACTION OF BO ,R VON APPROVED AS RECOMMENDED OTHER VOTE OF SUPERVISORS r I HEREBY CERTIFY THAT THIS IS A UNANIMOUS (ABSENT I ) TRUE AND CORRECT COPY OF AN -AYES: ES: ACTION TAKEN AND ENTERED ON THE ABSENT: ABSTAIN: MINUTES OF THE BOARD OF SUPERVISORS ON THE DATE SHOWN. Source: Bob Calkins, CDBG Program Manager (925) 335-7220 l^ ATTESTED r7 Orig. Dept. Community Development (CDBG) JOHN CULLEN, CLERK OF cc: County Administrator THE BOARD OF SUPERVISORS County Counsel AND COUNTY ADMINISTRATOR Auditor-Controller BY DEPUTY Cly�Z consultant services including program marketing, technical assistance to prospective applicants, loan application analysis and processing, and compliance monitoring. The Program is directed primarily to very low- and low-income micro-enterprises, or small businesses for the purposes of job creation, retention, and/or attraction. The Program has been in existence since July 2000, and has provided loans to 18 businesses. As a result of these loans, a total of 45 new jobs have been created or retained. It is recommended that the County extend the current contract with Urban Financial Services Group for an additional year. The contract will run through June 30, 2008 and be paid for with CDBG funds. During FY 2007/08, it is expected that UFSG will present at least .10 new loan applications to the CDBG Small Business/Microenterp rise Loan Committee for consideration.