File #: 15-272    Version: 1 Name: Requests for Extension
Type: Report Status: Agenda Ready
File created: 5/5/2015 In control: Enhancement Grant Program Committee
On agenda: 5/27/2015 Final action:
Title: Requests for Extension
Sponsors: Wyatt Parno
Attachments: 1. Main Street Oregon City Extension Request, 2. Oregon City High School Extension Request
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
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Title
Requests for Extension
 
Body
RECOMMENDED ACTION (Motion):
Motion to approve or deny requests for extension.
 
BACKGROUND:
Both projects were approved for full funding at the May 29, 2014 grant meeting. Main Street Oregon City received $25,000 and has been reimbursed for $5,473.70, leaving a balance of $19,526.30. Oregon City High School received $18,299.82 and has been reimbursed for $4,574.75, leaving a balance of $13,725.07. The total for both projects is $33,251.37. This amount is available in the budget to carry over should the Committee approve the requests.
 
Additionally, Main Street Oregon City has stated that they will be forfeiting $12,000 of the 2014-15 grant award.
 
 
BUDGET IMPACT:
Amount: $21,251.37
FY(s): 2014-15       
Funding Source: Community Enhancement Program Grant