HomeMy WebLinkAbout03. 21-199APRIL 27, 2021 21-199 RESOLUTION
(CARRIED__7-0____LOST________LAID OVER________WITHDRAWN________)
PURPOSE: APPROVE 2021 OPERATING BUDGET AMENDMENT FOR
COMMUNITY DEVELOPMENT BLOCK GRANT ROUND 1 AND
ROUND 3 CARES ACT FUNDS ($787,421.00)
INITIATED BY: COMMUNITY DEVELOPMENT
WHEREAS, the Common Council has adopted the 2021 Operating Budget, which
is on file in the Office of the City Clerk and available for public inspection; and
WHEREAS, the Common Council approved an amendment to the Community
Development Block Grant 2020 Annual Action Plan to include programs and activities
funded with Round 1 CDBG-CV funds in the amount of $494,757 on January 26, 2021;
and
WHEREAS, the Common Council approved an amendment to the Community
Development Block Grant 2020 Annual Action Plan to include programs and activities
funded with Round 3 CDBG-CV funds in the amount of $292,664 on April 13, 2021.
NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of
Oshkosh that the 2021 Operating Budget, on file in the City Clerk's Office, is hereby
amended to include $787,421 in the Community Development Block Grant Account 0303-
0740.
City Hall, 215 Church Avenue P.O. Box 1130 Oshkosh, WI 54903-1130 920.236.5000 http://www.ci.oshkosh.wi.us
TO: Honorable Mayor and Members of the Common Council
FROM: Allen Davis, Community Development Director
DATE: April 22, 2021
RE: Approve 2021 Operating Budget Amendment for Community Development Block Grant
Round 1 and Round 3 CARES Act Funds ($787,421.00)
BACKGROUND
Council approved accepting and awarding community development block grant (CDBG) CARES Act
Round 1 and Round 3 funds from the US Department of Housing and Urban Development (HUD).
Round 1 funds in the amount of $494,757 were approved in January 2021 and Round 3 funds in the
amount of $292,664 were approved in April 2021. This funding has not been included in the 2021
operating budget. In order to release these funds to the various agencies awarded, the 2021 operating
budget must be amended to include both rounds of funds.
ANALYSIS
The CDBG CARES Act Round 1 and Round 3 funds will be provided as outright grants to the public
service sub recipients and as short term forgivable loans for emergency micro loans to small businesses.
All sub recipients and awardees will need to submit documentation in compliance with federal
regulations and assurances that the proposed activity was to prepare for, prevent, or respond to the
coronavirus.
FISCAL IMPACT
There is no fiscal impact to the City. Funds are reimbursed to the City upon being drawn down from
the federal government.
RECOMMENDATION
The Council approves the 2021 operating budget amendment to include the CDBG CARES Act Round 1
and Round 3 funds ($787,421.00) in the Community Development Block Grant Account 0303-0740.
Respectfully Submitted, Approved:
Allen Davis Mark A. Rohloff
Community Development Director City Manager