Fiscal Note
Ordinance No. ORD-19-00057 passed in 2019, allows the Affirmative Action Division Manager to reach voluntary agreements with contractors who have failed to meet affirmative action plan and/or contract requirements. Under these agreements, contractors provide payments to the City that will be used to support programs that grow Small Business Enterprises, Disadvantaged Business Enterprises, Minority Businesses Enterprises, Section 3 Business Enterprises, and Women’s Business Enterprises. Payments from these agreements have totaled $437,000 through 2021 and an additional $100,000 is to be received in each 2022 and 2023.
The proposed resolution authorizes a contract to support the Associates in Commercial Real Estate (ACRE) program at a total cost of $200,000 over three years. This resolution also amends the 2022 Adopted Operating Budget to increase DCR’s purchased services budget by $60,000. This amount includes $50,000 for the 2022 cost of the contract and an additional $10,000 to support DCR’s work with the ACRE program. To fund these costs, the 2022 Adopted Operating Budget is amended to appropriate $60,000 of the $437,000 of revenues described above and received through 2021. These funds represent assigned fund balance within the General Fund.
Title
Amending the 2022 Adopted Operating Budget to fund and authorizing the Mayor and City Clerk to enter into a sole-source contract with Local Initiatives Support Corporation (LISC) for the Associates in Commercial Real Estate (ACRE) program.
Body
WHEREAS, City loan documents contain provisions related to the hiring of targeted business enterprises, and compliance for those requirements is reviewed by the Department of Civil Rights; and
WHEREAS, as a method of efficient and meaningful settlement for non-compliance, Chapter 39(9)(g)(13) of the Madison General Ordinances states:
[T]he AA Division Manager may reach a voluntary agreement with a contractor claimed to be in violation of this ordinance. The...
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