City Commission Regular Meeting - 6:00 pm
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Agenda Item # 11.k.
Approval of CRF (Coronavirus Relief Funds) Interlocal Subrecipient Agreement with St. Lucie County BOCC in the amount of $178,000.
Approval of CRF (Coronavirus Relief Funds) Interlocal Subrecipient Agreement with St. Lucie County BOCC in the amount of $178,000
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.
Enter into interlocal agreement in order to meet contractual guidelines.
Do not enter into agreement and risk contract default; thereby having to return funds not used by December 31, 2020.
Caleta Scott, Manager, Grants Administration Division
Sheila Wise, Reporting and Grants Specialist, Grants Administration Division
Jennifer Hance, Housing Manager, St. Lucie County
This amount includes the allowable 10 percent adminstrative costs from grant funds.
DRAFT - Interlocal/Subrecipient Agreement
10/26/2020 10:13 AM
10/28/2020 05:23 PM
10/28/2020 05:47 PM
10/28/2020 05:50 PM
Form Started By:
10/21/2020 05:12 PM
Final Approval Date:
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