Title
Chief Administrative Office, Office of Economic Development, recommending the Board authorize the Chair to sign Contract Modification No. 6 to Contract K178658-03 with Golden Sierra Workforce Investment Board to modify the budget for the Vital Assets grant upon approval by County Counsel and Risk Management. (Refer 6/26/12, Item 6)
FUNDING: Grant Funding.
Body
BUDGET SUMMARY: |
|
|
Total Estimated Cost |
|
$ |
|
|
|
Funding |
|
|
Remaining Funds Available |
$ 19,252 |
|
|
$ |
|
Savings |
$ |
|
Other |
$ |
|
Total Funding Available |
$ 19,252 |
|
Change To Net County Cost |
|
$ -0- |
Fiscal Impact/Change to Net County Cost: No General Fund contribution required. There is no change to net county cost. This modification moves funding between line items.
Background: This modification allows more time for staff to complete the Vital Assets activities and use the remaining $19,252.
Reason for Recommendation: This funding provides services and training for the business community and focuses on business retention.
Action to be taken following Board approval: Approve and authorize Chairman to sign contract modification. Contract modification will be sent to Golden Sierra Workforce Investment Board for execution.
Contact: Vickie Sanders X7538
Concurrences: Reviewed and approved by County Counsel