Explanation
Background: This legislation authorizes the transfer of $35,844.25 from a Department of Development Housing Division grant in Fund 2220 (General Government Grant Fund) (G441600) to Fund 7782, project P782001.
During a fiscal review of the department’s 2016 Lead Hazard Reduction Demonstration grant (a three year grant from late 2016 through early 2020), it was discovered that some internal bills (bills from the Department of Health to Development), were paid from bond funds and not grant funds. The expenses are not bond eligible. This transfer will move the expense to the correct fund.
Emergency action is requested so that the transfer can be completed before grant close out in February 2020.
Fiscal Impact: This legislation authorizes the transfer of $35,844.25 from a Department of Development Housing Division grant in Fund 2220 (General Government Grant Fund) (G441600) to Fund 7782, project P782001.
Title
To authorize the transfer of $35,844.25 from a Department of Development Housing Division grant in the General Government Grant Fund (G441600) to the Housing Preservation Fund 7782; and to declare an emergency ($35,844.25)
Body
Whereas, during a fiscal review of the department’s 2016 Lead Hazard Reduction Demonstration grant, it was discovered that some internal bills were paid from bond funds and not grant funds. The expenses are not bond eligible; and
Whereas, it is necessary to authorize the transfer of $35,844.25 from a Department of Development Housing Division grant in Fund 2220 (General Government Grant Fund) (G441600) to Fund 7782, project P782001; and
WHEREAS, an emergency exists in the usual daily operation of the Department of Development in that it is immediately necessary to authorize the transfer so it can be completed before the grant close out in February 2020, all for the immediate preservation of the public health, peace, property, safety, and welfare; now, therefore
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLU...
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