City Commission Regular Meeting - 6:00 pm
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Agenda Item # 11.k.
Meeting Date:
11/02/2020
Re:
Approval of CRF (Coronavirus Relief Funds) Interlocal Subrecipient Agreement with St. Lucie County BOCC in the amount of $178,000.
SUBJECT:
Approval of CRF (Coronavirus Relief Funds) Interlocal Subrecipient Agreement with St. Lucie County BOCC in the amount of $178,000
SUMMARY:
Upon entering into FHFC Contract on 9/8/2020 (Original City Commission approval date) and 10/5/2020 (Contract Amendment approval date), the City agreed to receive and spend a total of $283,318 on Coronavirus Relief efforts. After expenditures outlined in the Coronavirus Relief Grant Program, remaining funds in the amount of $178,000 that must be expended by December 31, 2020 as per the FHFC contractual guidelines.
Advisement from Florida Housing Finance Corporation encourages subrecipient/interlocal agreements with community partners in order to expedite funding and to reduce probability of Duplication of Efforts.
RECOMMENDATION:
Enter into interlocal agreement in order to meet contractual guidelines.
ALTERNATIVES:
Do not enter into agreement and risk contract default; thereby having to return funds not used by December 31, 2020.
RESPONSIBLE STAFF:
Caleta Scott, Manager, Grants Administration Division
COORDINATED WITH:
Sheila Wise, Reporting and Grants Specialist, Grants Administration Division
Jennifer Hance, Housing Manager, St. Lucie County
Fiscal Impact
Budgeted Y/N:
Y
Fiscal Year:
2021
Account:
10595025548426
Amount:
178000
OTHER INFORMATION:
This amount includes the allowable 10 percent adminstrative costs from grant funds.
Attachments
DRAFT - Interlocal/Subrecipient Agreement
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Form Review
Inbox
Reviewed By
Date
Finance Department
Johnna Morris
10/26/2020 10:13 AM
City Manager
Nick Mimms
10/28/2020 05:23 PM
Finance Department
Jennifer Robinson
10/28/2020 05:47 PM
City Manager
Nick Mimms
10/28/2020 05:50 PM
Form Started By:
Caleta Scott
Started On:
10/21/2020 05:12 PM
Final Approval Date:
10/28/2020
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