File #: 202501607    Version: 1
Type: Ordinance Status: Agenda Ready
File created: 8/29/2025 In control: Budget and Finance Committee
On agenda: 9/4/2025 Final action:
ORD/RES# date: ORD/RES#:
Title: ORDINANCE (EMERGENCY) submitted by Sheryl M. M. Long, City Manager, on 9/4/2025, AUTHORIZING the City Manager to accept and appropriate an award of $14,845 in American Rescue Plan ("ARP") resources from the U.S. Department of Housing and Urban Development through the HOME Investment Partnerships Program ("HOME") (ALN 14.239) to a newly established Home Investment Trust Fund 411 project account in accordance with Section A of the attached Schedule of Transfer; AUTHORIZING the transfer and return to source Fund 411, "Home Investment Trust," of $1,011,994.51 to close out or decrease certain existing project accounts in accordance with Section B of the attached Schedule of Transfer; AUTHORIZING the transfer and appropriation of $1,011,994.51 from the unappropriated surplus of Fund 411, "Home Investment Trust," to realign resources with needs to ensure that funding is available to support administering, planning, monitoring, and reporting the use of HOME ARP resources in accordance with Sec...
Sponsors: City Manager
Attachments: 1. Transmittal, 2. Ordinance, 3. Attachment

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ORDINANCE (EMERGENCY) submitted by Sheryl M. M. Long, City Manager, on 9/4/2025, AUTHORIZING the City Manager to accept and appropriate an award of $14,845 in American Rescue Plan (“ARP”) resources from the U.S. Department of Housing and Urban Development through the HOME Investment Partnerships Program (“HOME”) (ALN 14.239) to a newly established Home Investment Trust Fund 411 project account in accordance with Section A of the attached Schedule of Transfer; AUTHORIZING the transfer and return to source Fund 411, “Home Investment Trust,” of $1,011,994.51 to close out or decrease certain existing project accounts in accordance with Section B of the attached Schedule of Transfer; AUTHORIZING the transfer and appropriation of $1,011,994.51 from the unappropriated surplus of Fund 411, “Home Investment Trust,” to realign resources with needs to ensure that funding is available to support administering, planning, monitoring, and reporting the use of HOME ARP resources in accordance with Section C of the attached Schedule of Transfer; and AUTHORIZING the City Manager to file the 2021 Annual Action Plan Amendment.