Explanation
BACKGROUND:
On February 22, 2005, the Department of Development entered into an Agreement with the Long Street Business Association, DL010177, for $14,400 for administrative costs of the business association.
Since that time the Long Street Business Association has changed their name to the Long Street Businessmen's Association. It is now necessary to amend the agreement DL010177 to reflect the correct name of the business association.
Emergency action is requested so that the amendment to the agreement with the Long Street Businessmen's Association can be executed immediately. This will allow the Long Street Businessmen's Association to continue implementation of economic development activities uninterrupted.
FISCAL IMPACT:
No additional funds are needed for this amendment. In 2004, CDBG funds totaling $14,400 were allocated to the Long Street Business Association for administrative costs. In 2005, $14,400 in CDBG funds was also allocated to the Long Street Business Association for administrative costs.
Title
To authorize the Director of the Department of Development to amend the agreement with the Long Street Business Association by changing the name of the organization to the Long Street Businessmen's Association; and to declare an emergency.
Body
WHEREAS, the Department of Development entered into an agreement with the Long Street Business Association for administrative costs related to the operation of the organization; and
WHEREAS, the Long Street Business Association has since changed its name to the Long Street Businessmen's Association; and
WHEREAS, the agreement with the Long Street Business Association need to be amended to reflect the name change; and
WHEREAS, no additional funds are needed to carry out the above activity; and
WHEREAS, emergency action is necessary to allow the Long Street Businessmen's Association to continue their economic development activities uninterrupted; and
WHERE...
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