Report to Mayor and City Council
Tuesday, August 04, 2020
Consent
SUBJECT:
Title
CONSIDER APPROVAL OF RESOLUTION 20-115 AMENDING THE CITY'S SPECIAL REVENUE FUND BUDGET AND ALLOCATE CARES GRANT FUNDS TO SPECIFIC COVID RELIEF ACCOUNTS (CITY COUNCIL)
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I. SUMMARY
The City of Carson has been awarded Community Development Block Grant (CDBG) funds pursuant to the Coronavirus Aid, Relief, and Economic Security (CARES) Act, enacted by the United States Congress on March 25, 2020 and signed by the President on March 27, 2020. The U.S. Department of Housing and Urban Development (HUD) has notified the City that it will receive $472,890 in a supplemental appropriation of CDBG funds, referred to as CDBG-CV, under the CARES Act. Staff is requesting that Council approve Resolution No. 20-115 (Exhibit No. 1) to amend the special revenue fund budget and allocate these grant funds to the appropriate accounts.
II. RECOMMENDATION
Recommendation
APPROVE Resolution No. 20-115 amending the City's Fiscal Year 2020-2021 special revenue fund budget and allocate $472,890 in CARES grant funds to the appropriate accounts.
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III. ALTERNATIVES
TAKE any other action City Council deems appropriate.
IV. BACKGROUND
The City of Carson has been awarded Community Development Block Grant (CDBG) funds pursuant to the Coronavirus Aid, Relief, and Economic Security (CARES) Act, enacted by the United States Congress on March 25, 2020 and signed by the President on March 27, 2020. The U.S. Department of Housing and Urban Development (HUD) has notified the City that it will receive $472,890 in a supplemental appropriation of CDBG funds, referred to as CDBG-CV, under the CARES Act.
On May 11, 2020, the Disaster Council (DC) made recommendations to the City Council on use of the Planning Year 2020 CDBG funds as well as the new CDBG-CV funds for activities related to COVID-19. On June 23, 2020 Council authorized an allocation of $472,890 in supplemental CDBG-CV funds (Exhibit No....
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