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AI-7052 New Business     D.       
City Manager  
Meeting Date: 07/13/2020  
Montgomery County Community Development Block Grant (CDBG) Program
Submitted By: Bryan Chodkowski
Department: Economic Development  
Council Committee Review?: Council Work Session
Date(s) of Committee Review: 07/07/2020
Audio-Visual Needs: Emergency Legislation?: No
Resolution No.:

Agenda Item Description or Legislation Title
A Resolution Authorizing The City Manager To Submit An Application To Montgomery County For Community Development Block Grant (CDBG) Funds.
(first reading)
Purpose and Background
The City is eligible to apply for federal Community Development Block Grant funds through Montgomery County.  An application has been prepared for City Council's consideration.  The application is to acquire certain properties in the Miami Villas neighborhood for the purposes of remediating blight conditions.

Fiscal Impact
Source of Funds: General Fund
Cost: $52,500
Recurring Cost? (Yes/No): No
Funds Available in Current Budget? (Yes/No): No
Financial Implications:
The cost of $52,500 are those expenses assigned to the City only if the grant is approved.  Of the $52,500 in expenses; $24,500 are 'in-kind" services already included in the City's approved 2020 Operating Budget.  Actual expenses added to the City's Budget for this project will total $28,000.
Exhibit A


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