BACKGROUND: This ordinance is necessary to amend Ordinance 1106-2022 which authorized the Director of the Department of Finance and Management to enter into a professional services contract with Metric Consulting LLC for the HOME-ARP Consultation and Assessment Project. The project will provide a needs assessment and consulting services specifically related to the U.S. Department of Housing and Urban Development (HUD) HOME Investment Partnerships Program, American Rescue Plan allocation (HOME-ARP). The Metric Consulting LLC HOME-ARP Consultation and Assessment Project will provide the Department of Finance and Management with the data and analysis needed to complete a HOME-ARP Plan which must be approved by HUD in order for the City to receive the entire $16,433,138 HOME-ARP allocation.
Ordinance 1106-2022, approved by City Council on May 11, 2022, also authorized the appropriation and expenditure of up to $134,040.00 from Fund 2201. This ordinance amends Ordinance 1106-2022 by authorizing the appropriation and expenditure of $134,040.00 within the General Fund 1000 by the Department of Finance and Management 4501 for the Metric Consulting LLC contract for the HOME-ARP Consultation and Assessment Project. This change in funding source is needed until such time as HUD has formally approved the City’s HOME-ARP Plan. Upon HUD’s approval of the City’s HOME-ARP Plan the Department of Finance and Management will perform an expenditure correction to reimburse the City’s General Fund for expenditures related to the Metric Consulting LLC HOME-ARP Consultation and Assessment Project Contract.
FISCAL IMPACT: This ordinance amends the funding source for Ord 1106-2022 by authorizing the appropriation and expenditure of up to $134,040.00 from the General Fund 1000. Future expenditure corrections will be processed by the Department of Finance and Management, reimbursing the general fund upon approval by HUD of the City’s HOME-ARP Plan.
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To amend Ordinance 1106-2022 ...
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