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CITY OF CENTERVILLE <br />REQUEST FOR ACTION <br />Verville <br />Agenda Item # <br />Department: <br />Requested Meeting Date: <br />VIL 1 <br />Economic Development Authority <br />September 18, 2019 <br />TITLE OF ISSUE: <br />Proposed 2020 EDA Budget <br />BACKGROUND AND SUPPLEMENTAL INFORMATION: <br />The City Council has preliminarily allocated $22,800 for the EDA's 2020 budget. Attached, is a detailed report <br />of the expenditures to date for 2019 as well as a projected budget scenario for 2020. The commission should <br />discuss the information presented and direct staff on additions to or deletions from the proposed budget. <br />County staff has confirmed that the Revolving Loan and Grant Program may be funded through the Housing <br />and Redevelopment Authority fund at the County. <br />COST AND SOURCE(S) OF FUNDING: <br />$22,800 Proposed - EDA General Budget <br />REQUESTED ACTION: <br />Motion to approve Proposed 2020 Budget. <br />For Clerk's Use: <br />SUPPORTED DOCUMENTS ATTACHED <br />Motion By: <br />Resolution Ordinance Contract Minutes Plan Map <br />Second By: <br />Vote Record: Aye Nay <br />Hanzal <br />Giovinazzo <br />Other (specify) <br />0 Weatherhead <br />0 Love <br />0 Lakso <br />Refer to: <br />Consent <br />Tabled Until: <br />Regular <br />Other: <br />