May 13th, 2009
Council to discuss CDBG money

STAFF REPORT

The San Marcos City Council will review applications and provide direction for allocations of Community Development Block Grant (CDBG) funds and supplemental funding at a special meeting at 5 p.m. on May 2.

The city will receive $139,827 in additional CDBG funding (CDBG-R) for under the American Recovery and Reinvestment Act of 2009.  These funds will be used for “shovel ready” projects that use materials produced in the United States.

The recovery act money is in addition to about $600,000 the city will receive in its annual CDBG grant money.

The city will target Victory Gardens neighborhood and consider an impact project in the downtown area.

The discussion and direction will be part of a special meeting and budget discussion.