Title
Hearing to consider adoption of Resolution 286-2008 authorizing submittal of a Community Development Block Grant Economic Development Allocation Planning and Technical Assistance Application to the California Department of Housing and Community Development for up to a $35,000 grant to fund the preparation of a local Economic Development Plan for the Georgetown Divide community; commit $1,750 general funds to meet the cash match requirement; and recommending Chairman be authorized to sign the Statement of Assurances; and if awarded, the Director of Human Services be authorized to execute the subsequent grant agreement and other grant-related documents, contingent upon approval by County Counsel and Risk Management.
Body
BUDGET SUMMARY:
Total Estimated Cost $0.00
Funding
Budgeted $
New Funding $
Savings $
Other $
Total Funding Available $
Change To Net County Cost $0.00
Fiscal Impact/Change to Net County Cost: It is proposed to utilize $1,750 of the Department’s County General Fund dollars budgeted for that purpose to meet the cash match requirement if the application is funded.
Background:
Reason for Recommendation:
On August 16, 2007, the El Dorado County Office of Economic Development held a forum in the Georgetown Divide community to discuss barriers to community and economic development specific to that area. Community and County stakeholder groups subsequently formed to assess concerns that were identified at the forum. The overall goal of the stakeholders is to identify methods to stimulate private sector investment and sustainable economic development growth in the identified business sectors of destination, recreation, equine, bed and breakfast, and outdoor backpacking. Submittal of an application to the State Department of Housing and Community Development to obtain a Community Development Block Grant Economic Development Planning and Technical Assistance Allocation of...
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