Item Coversheet

BUSINESS OF THE CITY COUNCIL
YAKIMA, WASHINGTON
AGENDA STATEMENT

Item No. 6.N.
For Meeting of: September 5, 2017

ITEM TITLE:Resolution authorizing a contract with Rural Community Development Resources (RCDR) in the amount of $50,000 in Community Development Block Grant (CDBG) funds to provide technical assistance to microenterprise businesses
SUBMITTED BY:Joan Davenport, AICP Community Development Director
Archie M. Matthews, ONDS Manager (509) 575-6101
SUMMARY EXPLANATION:

This is a contract agreement with Rural Community Development Resources (RCDR), previously approved in the 2017 adopted budget, for economic development purposes. Due to the delay in the Federal allocation of HOME and CDBG funding the City is now executing this 2017 contract.

 

Rural Community Development Resources (RCDR) is a private, non-profit provider of technical assistance, training and financing for small businesses in the Yakima Valley.  RCDR has requested Fifty Thousand Dollars ($50,000) in Community Development Block Grant funding to provide technical assistance to microenterprise businesses in the Yakima Renewal Community.  Federal regulations governing the use of CDBG funds for economic development activities allow the City to use such funds to provide assistance to private, for-profit businesses.  RCDR’s proposal and a standard contract are attached.

ITEM BUDGETED:Yes
STRATEGIC PRIORITY:Economic Development
APPROVED FOR SUBMITTAL: City Manager

STAFF RECOMMENDATION:
Adopt resolution.
BOARD/COMMITTEE RECOMMENDATION:
ATTACHMENTS:
DescriptionUpload DateType
resolution8/31/2017Cover Memo
RCDR Contract8/10/2017Contract
RCDR Request Letter8/9/2017Backup Material