File #: 15-197    Version: 1 Name:
Type: Agreement Status: Approved
File created: 6/1/2015 In control: City Council
On agenda: 6/23/2015 Final action: 6/23/2015
Title: Communication from the City Manager and the Director of Community Development with a Recommendation to AMEND an AGREEMENT with EAST BLUFF NEIGHBORHOOD HOUSING SERVICES (EBNHS) For FY2015, to Modify the Amount of Special Service Area (SSA) Funds Devoted to the Health and Safety Loan Program.
Indexes: Goal 3 - Beautiful Peoria, Reinvest in neighborhoods
Attachments: 1. Attachment A to Memo - Amended 2015 Agreement 2015, 2. Exhibit 1 to Agreement - H&S Loan Program Final - June 6 2014, 3. Exhibit 2 to Agreement - Report A - 2015 Work Plan, 4. Exhibit 3 to Agreement -Report B-Grant Application 2015, 5. Exhibit 4 to Agreement -Report C-Budget Tracking 2015 - for amended agreement, 6. Exhibit 5 to Agreement - Report D- Disbursement Register 2015, 7. Exhibit 6 to Agreement - Report E-Revolving Loan rogram 2015, 8. Exhibit 7 to Agreement -Report F-Health Safety Loan Report 2015

ACTION REQUESTED: 

Title

Communication from the City Manager and the Director of Community Development with a Recommendation to AMEND an AGREEMENT with EAST BLUFF NEIGHBORHOOD HOUSING SERVICES (EBNHS) For FY2015, to Modify the Amount of Special Service Area (SSA) Funds Devoted to the Health and Safety Loan Program.  

 

Body

BACKGROUND: 

On December 9, 2015, the City Council approved an agreement with EBNHS for 2015.  The agreement estimated a levy amount of $55,000 ($15,000 per quarter) for 2015.  In addition the agreement designated $15,000 ($3,750 per quarter) to the Health and Safety loan Program. 

 

The actual about to be generated by the Special Service Area for 2015 is $51,621.61 ($12,905.40 per quarter), with potentially less actually collected.  As a result, EBNHS has requested that the agreement be amended to specify the amount designated to operations, with the remainder devoted to the Health and Safety Loan Program. 

 

The request is that $40,000 be specified for operations of the Organization and the remaining amount collected be devoted to the Health and Safety Loan Program. 

 

FINANCIAL IMPACT:  FY2015 SSA funds will be dispersed quarterly per the agreement terms.

 

NEIGHBORHOOD CONCERNS:  No public meetings were held regarding the 2015 proposed agreement. 

                     

IMPACT IF APPROVED: The EBNHS will receive EBNHS Special Service Area funds for revenue received by the City from January 1, 2015 to December 31, 2015, with $40,000 for the use of personnel and operating expenses, and the remainder, approximately $11,000 designated annually for the EBNHS Health and Safety Loan Program

 

IMPACT IF DENIED:  The agreement would remain unchanged and continue as approved on December 9, 2014. 

 

ALTERNATIVES: N/A

 

EEO CERTIFICATION NUMBER: 00725-151231

 

WHICH OF THE GOALS IDENTIFIED IN THE COUNCIL’S 2014 - 2029 STRATEGIC PLAN DOES THIS RECOMMENDATION ADVANCE?

 

1. Attractive Neighborhoods with Character: Safe and Livable                     

 

WHICH CRITICAL SUCCESS FACTOR(S) FROM THE COMPREHENSIVE PLAN DOES THIS RECOMMENDATION IMPLEMENT?

 

1. Reinvest in neighborhoods.                     

                     

DEPARTMENT: Community Development