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.~pW N O~c <br />~.N,~ ,. <br />!OS GA.~pS COUNCIL AGENDA REPORT <br />MEETING DATE: 4/5/10 <br />ITEM NO: <br />DATE: March 26, 2010 <br />TO: MAYOR AND TOWN COUNCIL <br />FROM: GREG CARSON, TOWN MANAGER <br />~~ <br />SUBJECT: ADOPT A RESOLUTION ALLOCATING COMMUNITY DEVELOPMENT <br />BLOCK GRANT (CDBG) FUNDS TO THE TOWN OF LOS GATOS FOR <br />FISCAL YEAR 2010/11 <br />RECOMMENDATION: <br />Adopt a resolution allocating Community Development Block Grant (CDBG) funds to the Town <br />of Los Gatos for Fiscal Year 2010/11 (Attachment 1). <br />BACKGROUND: <br />The Town's Community Grant program provides grants to non-profit agencies through General <br />Fund, Community Development Block Grant (CDBG), and other funding sources. Human <br />services and CDBG capital project applications are reviewed by the Community Services <br />Commission for recommendation to the Town Council; the Arts and Culture Commission <br />reviews arts, cultural, and educational service agency applications. <br />Beginning in FY 2009/10, the Community Grant program has provided grants on a two-year <br />cycle. Once every two years, agencies apply for funding, their requests are reviewed by the <br />Community Services and Arts and Culture Commissions, and final funding decisions are made <br />by the Town Council. Each agency signs atwo-year funding agreement that states that the <br />agency will receive the same funding amount for both years, except in the event that there is a <br />reduction in funds available to the Community Grant program. <br />DISCUSSION: <br />FY 2010/11 will be the second year of the two-year grant cycle, and the funds available to the <br />Community Grant program have not been reduced. Therefore, the Commissions did not review <br />p r <br />Ia <br />PREPARED BY: Regina°r~,., - • er <br />Commuri ~ - ° ervices Director <br />0 <br />N:\CSD\TCRPTS\201 .TCRPTS\CDBG Allocations FY1l.doc <br />Reviewed by: Assistant Town Manager wn Attorney <br />Clerk AdministratorFinance Community Development <br />