Fiscal Note
The 2015 adopted operating budget of the Community Development Division authorizes expenditures of $275,000 annually for the Emerging Opportunities Program. The Spring 2015 EOP funding process allocated $175,000. This resolution authorizes the allocation of those funds. No additional appropriation is required.
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SUBSTITUTE-Approving the provision of up to $175,000 in 2015 Emerging Opportunities Program (EOP) funds to identified agencies and authorizing the Mayor and the City Clerk to enter into agreements with those agencies to implement the designated projects.
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The adopted 2015 Community Development Division (CDD) Operating Budget includes $275,000 in Community Agency Contracts spending authority for projects to be supported with Emerging Opportunities Program funds allocated in two application cycles, as established in RES-13-00574 (Legistar # 30635, 7/22/2013). This resolution allocates $175,000 of those funds.
WHEREAS, the adopted 2015 CDD Operating Budget includes $275,000 in program expenditures for EOP-funded Community Agency Contracts; and,
WHEREAS, the CD Division has undertaken a Spring Request for Proposals process in which $175,000 in Emerging Opportunities Program funds was made available, and,
WHEREAS, the Community Development Division Conference Committee reviewed the submitted EOP proposals (which included nearly $750,000 in total funding requests), and finalized its recommendations for the following program allocations at its meeting on April 20, 2015:
Asset Builders of America, Inc., up to $5,000 for a program to enhance youth’s financial knowledge and literacy to be conducted on the City’s northside.
Bethany United Methodist Church as the fiscal agent for The Playing Field, up to $12,000 to support a new child care facility intended to serve about 50 children, some of whom will be from families experiencing homelessness.
Briarpatch Youth Services, as the fiscal agent for Let’s Eat Out, up to $6,300 to pro...
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