TO: Mayor and City Commission
FROM: Samuel A. May, City Manager
DATE: June 5, 2019
Title
APPROVING AN INTERLOCAL AGREEMENT BETWEEN BROWARD COUNTY AND CITY OF MARGATE PROVIDING FOR FUNDING AND ADMINISTRATION OF FISCAL YEAR 2015 AND PRIOR COMMUNITY DEVELOPMENT BLOCK GRANT (CDBG) PROGRAM; PROVIDING FOR AMENDMENT AND EXTENSION OF THE AGREEMENT WITHOUT FURTHER COMMISSION ACTION; PROVIDING FOR TERMINATION; PROVIDING FOR AN EFFECTIVE DATE.
BACKGROUND: This proposed Interlocal Agreement (ILA) between Broward County and the City of Margate would provide for administration of $534,527 in CDBG funds for program years 2015 and prior. The Agreement includes retroactive application to provide for approval of administration of assistance to recipients that are eligible under all available program funding years.
As recommended by U.S. Department of Housing and Urban Development (HUD), this ILA only provides funding for purchase assistance to eligible homebuyers and for the ability of the County to administer the funds. The ILA provides for a cap of $40,000 in home purchase assistance, as provided for in the Action Plan previously approved by the City Commission. The ILA is written for consistency with current program documents.
RECOMMENDATION: For approval.
FISCAL IMPACT: The City will draw down CDBG Funds directly from HUD for payment of CDBG Program eligible expenses. This includes twenty percent (20%) of the total funding and any Program Income for fiscal years 2015 and prior, for administration costs for the County to prepare, implement, and administer the City’s CDBG program.
CONTACT PERSON: Samuel A. May, City Manager
Cale Curtis, Interim City Manager