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HomeMy WebLinkAbout4/2/2003 - STAFF REPORTS (4) it Ir' DATE: APRIL 2, 2003 TO: CITY COUNCIL FROM: COMMUNITY DEVELOPMENT ADMINISTRATOR VIA DIRECTOR OF COMMUNITY& ECONOMIC DEVELOPMENT COMMUNITY DEVELOPMENT BLOCK GRANT(CDBG)AMENDMENT TO COACHELLA VALLEY HOUSING COALITION 1995-96 SUBRECIPIENT AGREEMENT RECOMMENDATION: It is recommended that the City Council approve the proposed Term extension, budget amendment which revises the project's budget cost categories and line items in accordance with the 1995-96 CDBG Coachella Valley Housing Coalition Subrecipient Agreement and authorize the City Manager to execute a Subrecipient Agreement Amendment. BACKGROUND: The CVHC Chuckwalla Self-Help program has constructed nine new single- family residential units which are now complete and needing to be closed-out. After several years, the project's budget cost categories and line items within the approved budget have exceeded while others have a surplus funds, requiring the budget to be amended to drawdown the funds and close-out the project. Uirect . RAY ND DALE E. CO , JR. of Community Development nity & Economic Development Administrator APPROVED-z City Manager o-` ATTACHMENT: REVIEWED BY DEPT. OF FINANCE 1. Resolution RESOLUTION NO. OF THE CITY COUNCIL OF THE CITY OF PALM SPRINGS, CALIFORNIA, AMENDING THE CDBG SUBRECIPIENT AGREEMENT OF THE COACHELLA VALLEY HOUSING COALITION (CVHC) FOR FISCAL YEAR 1995 - 96. WHEREAS Resolution 18577 approving the CDBG budget allocations for the fiscal years 1995 — 1996 was adopted on April 5, 1995; and WHEREAS subsequently the City entered into a Subrecipient Agreement with CVHC, dated January 30, 1996, to perform feasibility studies for the acquisition and rehabilitation or new construction of one or more properties in the Chuckwalla neighborhood in order for CVHC to establish a permanent visible presence and to off-set actual expense to research the targeted community, facilitation of a neighborhood advisory committee that will develop a revitalization strategy which included a project budget as Exhibit "A"; and WHEREAS the executed Subrecipient Agreement does not allow for a variance within the budget cost categories to 10% without a formal amendment to the Agreement; and WHEREAS the funds were allocated to the CVHC Chuckwalla Self-Help program to construct nine new single family residential units which is now complete and being closed-out; and WHEREAS a cost category and several lines items within the approved project budget were exceeded while others have a surplus funds, requiring the budget to be amended to drawdown the funds and close-out the project; and WHEREAS the standard Term of all CDBG Subrecipient Agreements is one year, even while projects are sometimes carried for several years, requiring an amendment to extend the expiration; and WHEREAS the City Manager has recommended, and the City Council desires to approve, certain amendments to said Subrecipient Agreement; NOW, THEREFORE, be it resolved that the City Council of the City of Palm Springs, California, does hereby approve the following: SECTION 1. The expiration date shall be amended to June 30, 2003. SECTION 2. The project budget shall be amended as follows: a �, Approved + or— Revision Amended Predevelopment Activities- Site Control Costs 10,000 -3,677.91 6,322.09 Determine Scope 7,500 -1,608.78 5,991.22 Environmental Assessment 5,000 -2,600.00 2,400.00 Legal 2,500 -362.90 2,137.10 Appraisals 5,000 -4,375.00 625.00 Title Expenses 2,500 -1,050.00 1,450.00 Feasibility Analysis, Financing 7,500 -548.22 6,951.78 Applications, Development Team Coordination SUB-TOTAL 40,000 -14,112.81 25,887.19 Revitalization Planning- Research Neighborhood 2,500 +7843.36 10,343.36 Advisory Committee Coordination 5,000 -1,720.55 3,279.45 Revitalization Plan Development 2,500 +8,000.00 10,500.00 SUB-TOTAL 10,000 +14,122.81 24,122.81 rTOTAL $50,000 - 0 - $50,000.00 SECTION 3. The City Manager is authorized to execute a formal amendment to this Subrecipient Agreement as required in accordance with this Resolution, and that Resolution 18577, adopting the budget for the 1995 - 96 fiscal year. Adopted this 2°d day of April 2003. AYES: NOES: ABSENT: ATTEST: CITY OF PALM SPRINGS, CALIFORNIA By City Clerk City Manager REVIEWED AND APPROVED a &)�Vram