Fiscal Note
The 2008 Adopted Operating Budget includes $200,000 in Miscellaneous Appropriations for the Emerging Neighborhoods Fund. This resolution allocates $176,296 of the 2008 funds.
Title
SUBSTITUTE - Approving the provision of Emerging Neighborhood Funds to several agencies and authorizing the Mayor and the City Clerk to enter into agreements with those agencies to implement the project.
Body
WHEREAS, the 2008 City of Madison Operating Budget provides $200,000 in Miscellaneous Appropriations for the Emerging Neighborhood Funds, and
WHEREAS, the 2008 City of Madison Operating Budget established the Emerging Neighborhood Fund Committee consisting of four City Staff members, a member of the Community Services Commission, a member of the Early Education and Child Care Board, a member of the Community Development Block Grant Commission, a Mayoral representative, and the Common Council President or designee to review applications and make funding recommendations to the Common Council, and
WHEREAS, the Emerging Neighborhood Fund Committee released applications with a due date of May 15, 2008 for initial 2008 funding requests, and
WHEREAS in 2007, the Common Council adopted resolutions 06152, 06976, 07477 and 08333 that, in part, committed funding from 2007 Emerging Neighborhood Funds for the following agencies in the following amounts: Allied Area Task Force ($9,315); ARC Community Services ($12,500); Dane County Time Bank ($7,500); Financial Education Center ($5,000); Mentoring Positives ($5,000); Project Home ($12,800); and Vera Court Neighborhood Center ($5,000), and
WHEREAS the contracts for the above-listed agencies were not completed by December 31, 2007 and the Office of the Comptroller has indicated that 2007 Emerging Neighborhood Funds cannot be carried over into 2008, and
WHEREAS the Emerging Neighborhood Fund Committee issued applications, reviewed the submissions (which included $494,209.50 in total funding requests) and now makes the follow...
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