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  Agenda Item # 11.b.       
Meeting Date: 11/06/2017  
Re:    Lincoln Park Main Street
Submitted For: Nick Mimms

SUBJECT:
Approval of request from Lincoln Park Main Street for a cash advance in the amount of $12,500 from funds budgeted for FY 2018.
SUMMARY:
An unexpected delay in the disbursement of funds from HUD will impact Lincoln Park Main Street's (LPMS) planned events and activities for the first quarter.  The contingency funds for LPMS operations and activities are depleted.
RECOMMENDATION:
Staff will proceed as directed by the City Commission.
ALTERNATIVES:
Deny request for cash advance.
RESPONSIBLE STAFF:
Nicholas C. Mimms, City Manager
COORDINATED WITH:
Pamela E. Carithers, Executive Director

Fiscal Impact
Budgeted Y/N: Y
Fiscal Year: 2018
Account: 10390025548230
Amount: $12,500
OTHER INFORMATION:
Funds are available in approved CDBG FY 2018 budget.
Attachments
Letter from P. Carithers

<
Form Review
Inbox Reviewed By Date
City Manager Nick Mimms 10/31/2017 03:26 PM
Finance Department Johnna Morris 11/01/2017 10:43 AM
City Manager Nick Mimms 11/01/2017 04:36 PM
Form Started By: Jennifer Robinson Started On: 10/18/2017 02:59 PM
Final Approval Date: 11/01/2017

    

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