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RESOLUTION AUTHORIZING THE CITY OF JONESBORO TO ENTER INTO AGREEMENT WITH THE HISPANIC COMMUNITY SERVICES, INC FOR THE PURPOSES OF EXPENDING APPROVED CDBG FUNDS
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Whereas, the Department of Housing and Urban Development has approved the City of Jonesboro FY 2013 Action Plan revisions with regard to the Land Acquistion line item to the Hispanic Community Services, INC for $125,000; and
Whereas, said funds will be utlized for land acquisition, surveying, and architectural designs for a new HCSI facility; and
Whereas, this project is fully funded by HUD using CDBG funds and the City of Jonesboro's FY 2014 budget will not be affected; and
Whereas, this agreement is meant to protect the city's investment of $125,000 to HCSI to ensure that the purpose of said funding is obligated and spent within five (5) years from original award date of July 1, 2013.
AND THEREFORE BE IT RESOLVED THAT:
Section 1: The City of Jonesboro will enter into agreement with HCSI for purposes of expending $125,000 for land acquisition, surveying, and architectural designs; and
Section 2: The Mayor and City Clerk are hereby authorized to execute all documents necessary to complete the project.
PASSED AND APPROVED this 6th day of May, 2014.