Title
Conduct a public hearing and:
a. Adopt a resolution to request termination of a Standard Agreement for a Program Income Waiver Grant with the State Department of Housing and Community Development (HCD);
b. Approve the transfer (reallocation) of $183,000 in Community Development Block Grant (CDBG) Program Income allocated to the San Lucas Well Replacement Project back into the Small Business Revolving Loan Account;
c. Adopt a resolution to approve the transfer (reallocation) of $63,756 in CDBG Program Income from the Small Business Revolving Loan Account, $15,000 from the Housing Rehabilitation Revolving Loan Account, and $38,000 from the First Time Homebuyer Revolving Loan Account to a Program Income Waiver Grant for the Chualar Tot Lot Project, subject to approval by HCD;
d. Authorize submittal of a request to HCD to approve the Program Income Waiver Grant; and
e. Authorize the County Administrative Officer or his designee to execute the Standard Agreement and related grant documents required by HCD.
Body
RECOMMENDATION:
It is recommended that the Board of Supervisors conduct a public hearing and:
a. Adopt a resolution to request termination of a Standard Agreement for a Program Income Waiver Grant with the State Department of Housing and Community Development (HCD);
b. Approve the transfer (reallocation) of $183,000 in Community Development Block Grant (CDBG) Program Income allocated to the San Lucas Well Replacement Project back into the Small Business Revolving Loan Account;
c. Adopt a resolution to approve the transfer (reallocation) of $63,756 in CDBG Program Income from the Small Business Revolving Loan Account, $15,000 from the Housing Rehabilitation Revolving Loan Account, and $38,000 from the First Time Homebuyer Revolving Loan Account to a Program Income Waiver Grant for the Chualar Tot Lot Project, subject to approval by HCD;
d. Authorize submittal of a request to HCD to approve the Program Income Waiver Grant; and
e. Authorize the County Ad...
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