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HomeMy WebLinkAbout02-156 AGENDA BILL BREMERTON CITY COUNCIL 1. SUBJECT: FOR AGENDA OF: August 14, 2002 Allocation of $78,120 in CDBG revolving loan ORIGINATING DEPT.: DED funds for match for Urban Parks and Recreation ORIGINATOR: Deborah Peavler-Stewart Recovery Grant DATE SUBMITTED: July 23, 2002 2. CLEARANCES: 3. EXHIBITS: City Attorn~ . Fiscal and ~ud~ Operations ENDORS~,.~T )~R~ION APPROVED BY COUNCIL PRESIDENT FOR SUBMITTAL: 4. SUMMARY STATEMENT AND REQUIREMENT FOR COUNCIL ACTION: The Bremerton Parks and Recreation Department has been awarded an Urban Parks and Recreation Recovery Grant (UPARR) that is sponsored by the U.S. National Park Services. The grant provides funding for the replacement of the existing heating ventilation, and dehumidification system for the Glenn Jarstad Aquatic Center. The grant pays for 70% of the project ($182,280) and requires the City to match the remaining 30% ($78,120). The Community Development Department recommends reallocating $78,120 from the Community Development Block Grata Revolving loan program to satisfy the match. This is an eligible use of CDBG funds. CDBG funds are the only federal funds that are allowed as match under the UPARR grant. 8. RECOMMENDATION: 1 move for approval of reallocating $78,120 from the Community Development Block Grant Revolving Loan Program to satisfy the match for the UPARR grant 9. RESPONSIBLE OFFICIAL: ENFORCEMENT O¥¥1CIAL: EXPIRATION DATE: REVIEW DATE: 10. NOTICE OF ACTION PULLED TABLED APPROVED ~ DISAPPROVED AMENDED COUNCIL DIRECTIVE: AGENDA BILL NO. D~-]5~ CLEARANCE COMMENTS: 5. IMPACT ON NON-PASSAGE: In order to utilize the grant, the City will need to identify and allocate another source of match 6. IMPACT ON STAFFING~ BUDGETS, FACILITIES~ EQUIPMENT OR OTHER RESOURCES: None, the City recently received a large payback in thc revolving loan program and new regulations relative to lead based paint have slowed use of the revolving loan fund. Use of the funds will not impact existing programs. 7. RESEARCH SOURCES: