Final Reading authorizing the City Manager to amend FY 23-24 revenues and expenditures under the Community Development Department in the amount of $373,000.00 in Section 108- Southern Hotel Fund to be used for the rehabilitation of the Southern Hotel Project. The U. S. Department of Urban Development (HUD) is requesting the City to establish a Deposit Account Control Agreement (DACA) funded purely from HUD Community Development Block Grant funds (CDBG), which will create a shortfall in the funding availability for the project.

What this record is

Held by

HUD Community Development Block Grant 2 records across this site

Amount

$373K

Runs until

Not stated in the agenda text — the term is normally in the signed agreement, attached to the original item ↗

Type

amendment

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Read automatically from the title of the official record. The source document below is authoritative.

HUD Community Development Block Grant also holds

Public Hearing and Introductory Ordinance authorizing the City Manager to amend FY 23-24 revenues and expenditures under the Community Development Dep… $373K Laredo, TX

Committee

City Council

Requested by

Community Development

Introduced

May 3, 2024

On agenda

May 20, 2024

Where it was heard

City Council May 20, 2024

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