Title
Amending the 2023 ESG general ledger budget to reflect the actual 2023 grant award of $587,737 and amending the ESG project budget to include 2023 ESG spending and financing.
Body
WHEREAS, the City Council of the City of Saint Paul (“Council”) approved, upon the recommendation of the Mayor, the fiscal year 2023 Community Development Block Grant Program (“ESG Program”), HOME Investment Partnerships Program, and Emergency Solutions Grant Program (collectively the “2023 Programs”) budgets as part of the 2023 Special Funds Budget; and
WHEREAS, the Council approved estimated financing for the 2023 ESG Program in the amount of $585,887 as part of the 2023 Special Funds Budget; and
WHEREAS, by Resolution 23-391, the Council approved the 2023-24 HUD Consolidated Plan-Annual Action Plan, which estimated grant funding for the ESG Program to be $587,737, and authorized the proper City officials to execute grant agreements and contracts between the U.S. Department of Housing and Urban Development (“HUD”) and the City of Saint Paul (“City”) for the 2023 Programs; and
WHEREAS, the grant agreement entered into by and between HUD and the City awards the City $587,737 in grant funds for the 2023 ESG Program; and
WHEREAS, the City’s ESG Program general ledger fiscal year 2023 budget needs to be increased by $1,850 to reflect the actual grant amount awarded to the City pursuant to the 2023 ESG Program grant agreement; and
WHEREAS, as part of the 2023 ESG Program budget, the City seeks to include its 2023 ESG spending and financing totaling $587,737; and
WHEREAS, the attached Financial Analysis Form reflects the ESG Program budget as adopted by the Council as part of the 2023 Special Funds Budget, the changes set forth in this Resolution and the amended 2023 budget for the ESG Program upon adoption of this Resolution; and
WHEREAS, the Mayor, pursuant to Section 10.07.01 of the Charter of the City of Saint Paul, does certify that there are available for appropriation total r...
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