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HomeMy WebLinkAbout179-20 RESOLUTION113 West Mountain Street Fayetteville, AR 72701 (479) 575-8323 Resolution: 179-20 File Number: 2020-0514 COMMUNITY DEVELOPMENT BLOCK GRANT PROGRAM INCOME AND DONATIONS: A RESOLUTION TO APPROVE A BUDGET ADJUSTMENT IN THE TOTAL AMOUNT OF $10,604.00 REPRESENTING COMMUNITY DEVELOPMENT BLOCK GRANT PROGRAM INCOME AND DONATIONS FROM CITIZENS AND LOCAL BUSINESSES BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FAYETTEVILLE, ARKANSAS: Section 1: That the City Council of the City of Fayetteville, Arkansas hereby approves a budget adjustment, a copy of which is attached to this Resolution, in the total amount of $10,604.00 representing Community Development Block Grant Program income from two rehabilitation lien payoffs in the amount of $10,494.00 and donations from citizens and local businesses to Ranger's Pantry in the amount of $110.00. PASSED and APPROVED on 7/7/2020 Attest: G\7 Y F E1iEV/ ILL E. Kara Paxton, City Clerk Tre,—ANSK Page 1 Printed on WWO City of Fayetteville, Arkansas 113 West Mountain Street Fayetteville, AR 72701 a (479) 575-8323 ¢ Text File File Number: 2020-0514 Agenda Date: 7/7/2020 Version: 1 Status: Passed In Control: City Council Meeting File Type: Resolution Agenda Number: A. 7 COMMUNITY DEVELOPMENT BLOCK GRANT PROGRAM INCOME AND DONATIONS: A RESOLUTION TO APPROVE A BUDGET ADJUSTMENT IN THE TOTAL AMOUNT OF $10,604.00 REPRESENTING COMMUNITY DEVELOPMENT BLOCK GRANT PROGRAM INCOME AND DONATIONS FROM CITIZENS AND LOCAL BUSINESSES BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FAYETTEVILLE, ARKANSAS: Section 1: That the City Council of the City of Fayetteville, Arkansas hereby approves a budget adjustment, a copy of which is attached to this Resolution, in the total amount of $10,604.00 representing Community Development Block Grant Program income from two rehabilitation lien payoffs in the amount of $10,494.00 and donations from citizens and local businesses to Ranger's Pantry in the amount of $110.00. City of Fayetteville, Arkansas Page 1 Printed on 71812020 City of Fayetteville Staff Review Form 2020-0514 Legistar File ID 7/7/2020 City Council Meeting Date - Agenda Item Only N/A for Non -Agenda Item Yolanda Fields 6/17/2020 COMMUNITY RESOURCES (642) Submitted By Submitted Date Division / Department Action Recommendation: Staff recommends approval of a budget adjustment to recognize and budget CDBG program income totaling $10,494 and donations to Ranger's Pantry in the amount of $110. Budget Impact: See Below CDBG - 2180 Account Number See Below Project Number Budgeted Item? NA Current Budget Funds Obligated Current Balance Does item have a cost? No Item Cost Budget Adjustment Attached? Yes Budget Adjustment Remaining Budget Fund CDBG Donations Project Title $ 10, 604.00 $ 10, 604.00 V20180321 Purchase Order Number: Previous Ordinance or Resolution # Change Order Number: Original Contract Number: Comments: 2180.642.4945-5390.01 32003.1 $110 2180.642.4940-5315.00 $10,494 Approval Date: CITY OF FAYETTEVILLE �I�<�'. ARKANSAS MEETING OF JULY 7, 2020 TO: Mayor and City Council THRU: Susan Norton, Chief of Staff FROM: Yolanda Fields, Community R701 or. DATE: June 16, 2020 CITY COUNCIL MEMO SUBJECT: Approval of a Budget Adjustment for the Community Resources Division RECOMMENDATION: Staff recommends approval of a budget adjustment to recognize and budget CDBG program income totaling $10,494 and donations to Ranger's Pantry in the amount of $110. BACKGROUND: Community Resources would like to recognize program income from two lien payoffs, as well as donations from citizens. DISCUSSION: The program income being recognized consists of two rehabilitation lien payments totaling $10,494 for property located at 23 W 51h St and at 93 S West Ave. The total amount of donations being recognized is $110. BUDGET/STAFF IMPACT: Increase Housing Contract Services by $10,494. Increase Community Outreach Projects by $110. Attachments: Budget Adjustment Mailing Address: 113 W. Mountain Street www.fayetteville-ar.gov Fayetteville, AR 72701 City of Fayetteville, Arkansas - Budget Adjustment Form (Legistar) Budget Year Division Adjustment Number /Org2 COMMUNITY RESOURCES (642) 2020 Requestor: Yolanda Fields BUDGET ADJUSTMENT DESCRIPTION / JUSTIFICATION: Budget Adjustment to recognize donations to Ranger's Pantry in the amount of $110 and program income in the amount of $10,494. COUNCIL DATE: 7/7/2020 LEGISTAR FILE ID#: 2020-514 }f CRY B Lacks 6/19/2020 11:34 AM RESOLUTION/ORDINANCE Budget Director Date TYPE: JOURNAL #: GLDATE: CHKD/POSTED: TOTAL Account Number 10,604 10,604 Increase / (Decrease) Expense Revenue Project.Sub# Project Sub.Detl AT v.20200528 Account Name 2180.642.4945-4809.00 - 110 32003 1 RE Donations 2180.642.4945-5390.01 110 - 32003 1 EX CDBG Projects - Community Outreach Pr( 2180.642.4945-4910.00 2180.642.4940-5315.00 - 10,494 10,494 - RE EX CDBG Program Income Contract Services C:\Users\hgordon\AppData\Roaming\L5\Temp\3a304d44-8od8-4fOb-a831-5acd1fe0de57 1 of 1