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Posted: July 01, 2020
Rapid City
Agenda Item Summary

Agenda Item Ref. #: LF070120-11 - Authorize the Mayor and Finance Officer to sign the FY20 Community Development Block Grant Contract for Rural America Initiatives, Inc. and the Indenture of Restrictive Covenants

Agenda Item Title:

LF070120-11 - Authorize the Mayor and Finance Officer to sign the FY20 Community Development Block Grant Contract for Rural America Initiatives, Inc. and the Indenture of Restrictive Covenants

Origination Group:
Legal & Finance Committee
Origination Meeting Date:
07/01/2020
City Council Hearing Date:
07/06/2020
Petitioner:
CDBG Program Division
Staff Contact:
Michelle Schuelke, CDBG Division Manager
Agenda Item Summary:
Staff is seeking City Council approval for the Mayor and Finance Officer to sign two copies of the FY20 Community Development Block Grant (CDBG) contract and corresponding Indenture of Restrictive Covenants for Rural America Initiatives, Inc. CDBG funds will be to erect a vinyl covered security fence to enclose the remaining two sides of the office/school building.

Funding Source & Fiscal Impact (if applicable):

Funding Cost Center
Funding Source & Fiscal Impact Notes:
FY20 CDBG Funds

Recommendations:

Origination Recommendation Action:
Approve

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