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File #: 18-0657 CRA    Version: 1 Name:
Type: CRA Grant Status: Agenda Ready
File created: 9/18/2020 In control: Community Redevelopment Agency
On agenda: 9/29/2020 Final action:
Title: FISCAL YEAR 2020-2021 CRA A-GUIDE FUNDING AGREEMENT - DELRAY BEACH PUBLIC LIBRARY ASSOCIATION, INC.
Attachments: 1. Agenda Cover Report, 2. Exhibit A - A-Guide Funding Agreement - Library 20-21
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TO:                                           CRA Board of Commissioners

FROM:                       Alexina Jeannite, Grant Manager

THROUGH:                      Renée A. Jadusingh, CRA Executive Director

DATE:                      September 29, 2020 

 

Title

FISCAL YEAR 2020-2021 CRA A-GUIDE FUNDING AGREEMENT - DELRAY BEACH PUBLIC LIBRARY ASSOCIATION, INC.

 

Body

Recommended Action:

Recommendation

Approve the A-Guide Funding Agreement with the Delray Beach Public Library Association, Inc. in the amount of $443,000 for Fiscal Year 2020-2021.

 

Body

Background:

The Delray Beach Public Library Association, Inc. applied for A-GUIDE Funding for Economic Development and Recreation and Cultural Facilities in the amount of $443,000 for fiscal year 2020-2021 for the following programs:

 

                     CRA Sundays & Mondays (Program A) - $418,000

                     Technology, Training, & Innovation Lab (Program B) - $25,000

                     TOTAL: $443,000

 

This represents 19% of Library’s proposed budget of $2,305,856.

 

At the August 25, 2020 CRA Regular Board meeting, the Board considered the funding request from the Library and supported the funding request in the amount of $443,000.

 

Attached is the Funding Agreement outlining Library’s reporting requirements and other responsibilities with regard to the funding provided. The Library will submit quarterly reports documenting the expenditure of funds and the progress towards the outcomes projected in the Goals and Outcomes Report and Budget for FY 2020-2021. Funds will be disbursed quarterly based on submittal of the associated quarterly reports.

 

Based on the Board’s feedback at the September 14, 2020 Workshop, regarding the A-GUIDE Grant Program, the following language was added to satisfy the board’s requirements.

 

In the event the LIBRARY does not expend funds in accordance with its approved A-GUIDE funding application, attached as Exhibit “B”, the CRA shall provide written notice to the LIBRARY of such deficiency(ies), and the LIBRARY shall have fourteen (14) days from receipt of the notice to cure the deficiency(ies) to the satisfaction of the CRA.  Should the LIBRARY fail to cure such deficiency(ies) to the satisfaction of the CRA, the CRA shall be entitled to recoup the portion of the Funding Amount allocated and/or already disbursed to the LIBRARY, under the terms of this Agreement. The CRA shall have sole and absolute discretion with respect to the determination as to whether LIBRARY is expending funds in accordance with its approved A-GUIDE funding application.

 

Attachment(s): Exhibit A - FY 2020-2021 - LIBRARY A-GUIDE Funding Agreement

 

CRA Attorney Review:

The CRA Attorney has reviewed the Library Funding Agreement as to form and determined it to be acceptable.

 

Finance Review:

N/A

 

Funding Source/Financial Impact:

$443,000 allocated from General Ledger #7376 - A-GUIDE Funding.