C-number: C-17-09-053-G
Item Text
A-3. AMERICAN RECOVERY AND REINVESTMENT ACT COMMUNITY DEVELOPMENT BLOCK GRANT - RECOVERY; SUBSTANTIAL AMENDMENT TO FY 2008-09 ANNUAL ACTION PLAN Approve the Substantial Amendment to FY2008 Annual Action Plan and accept Community Development Block Grant - Recovery (CDBG-R) funds from United States Department of Housing and Urban Development, (HUD) under the American Recovery and Reinvestment Act of 2009, in the not-to-exceed amount of $588,782 for the purpose of modernizing infrastructure. CDBG-R funds specifically will support community development projects in the Towns of Guadalupe ($138,782) and Youngtown ($450,000) that are “shovel-ready”. Authorize the Chairman to sign all documents related to these grant funds, as applicable. The term of the grant is from the date funds are awarded by HUD through September 30, 2012. FUNDING SUMMARY TOTALS Urban County CDBG-R Allocation $588,782 1. Youngtown Alley Paving $450,000 2. Guadalupe Gastelo Neighborhood Sidewalks $138,782 The grant allows a 10% rate for indirect costs for the administration of the grant. The Maricopa County Community Development FY2010 indirect rate is 12.7%. Therefore, the recoverable indirect cost of administering the grant is potentially $58,878, and the non-recoverable indirect cost is at least $15,897.11. However, because of the nature of the CDBG-R funding, the projects and objective are achievable within the normal course of CDBG grant administration. Maricopa County Community Development does not intend to utilize the administrative allowance for this grant as sufficient administrative funds are available through its annual CDBG entitlement allocation. The CDBG entitlement grant allows for 20% administrative costs. (C-17-09-053-G-00)
1 item(s) sharing C-number base C-17-09-053-G