Resolutions - Jersey City

LEGISLATIVE FACT SHEETThis summary sheet is to be attached to any òrdinance, resolution, cooperation agreement, orcontract that is submitted for Council consideration. Incomplete or sketchy summary sheets willbe returned with the resolution orordinance. The Department, Division or Agency responsiblefor the overall implementation of the proposed project or program should provide a concise andaccurate statement of facts.FULL TITLE OF ORDINANCE I RESOLUTION I COOPERATION AGREEMENT:RESOLUTION OF THE MUNICIPAL COUNCIL OF THE CITY OF JERSEY CITYAUTHORIZING ACCEPTANCE AND EXECUTION OF THE COMMUNITY DEVELOPMENTBLOCK GRANT - RECOVERY (CDBG-R) PROGRAM FUNDS AND AUTHORIZINGPROGRAM CONTRACTS UNDER THE CDBG-R PROGRAMNAME AND TITLE OF PERSON INITIATING THE RESOLUTION:Darice Toon, Director, Division of Community Development - 201-547-5304DESCRIPTION OF THE PROGRAM. PROJECT. PLAN. PURCHASE. ETC.:Community Development Block Grant - Recovery (CDBG-R) funds earmarked for shovel readyCDBG eligible projects.ANTICIPATED COMMUNITY BENEFITS OR ASSESSMENT OF DEPARTMENTAL NEED:Implementation of shovel ready CDBG eligible projects that wil help to stabilize neighborhoodsand create jobs.COSTS OF PROGRAM OR PURCHASE: (IF EQUIPMENT, PURCHASE. WHAT DOES ITREPLACE. HOW WILL THE PROGRAM OR PURCHASE BE FUNDED?):$1,749,827 CDBG-R fundsIF CONTRACT. PROJECT OR PLAN DATE OF COMMENCEMENT:ANTICIPATED COMPLETION DATE:September 30, 2012~~Q~SI ~RE OF DIVISION DIRECTOR,4.I CERTIFY THE FACTS PRESENTED HEREIN ARE ACCURATE.~nJ(7'1DA Ea/;/oo¡DATË1 i