Explanation
BACKGROUND: This ordinance authorizes the transfer of appropriation in an amount up to $250,000.00 from the Department of Development to the Office of Diversity and Inclusion for the future award of the RFQ for the Power of One program. The Power of One Program supports local small businesses with exterior improvements, including landscaping, signage, outdoor seating, and more. These improvements support businesses by driving foot traffic through both curb appeal and functionality.
To continue to effectively execute this program, the Office of Diversity and Inclusion has released a request for quotation (RFQ) to identify a partner organization to assist in identifying interested businesses, in designing high-impact projects, and in implementing that plan to support selected small businesses. It is necessary to authorize the transfer of funding in an amount up to $250,000.00 from the Department of Development to the Office of Diversity and Inclusion for the future award which may happen prior to the close of the City’s books but in the event that it does not the funding needs to be in place to award.
FISCAL IMPACT: This ordinance authorizes the transfer of appropriation in an amount up to $250,000.00 from Department of Development General Fund Budget to the Office of Diversity and Inclusion.
Title
To authorize the transfer in an amount up to $250,000.00 from the Department of Development to the Office of Diversity and Inclusion in order to support the funding of an RFQ for the Power of One program; and to authorize the Auditor’s Office to create an ACPO in the amount of $250,000.00 that will be referenced in a future piece of legislation once the award has been made for the forthcoming RFQ. ($250,000.00)
Body
WHEREAS, the Power of One program supports small businesses through exterior improvements for both beautification and functionality; and
WHEREAS, the Office of Diversity and Inclusion has issued an RFQ to identify an organ...
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