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HomeMy WebLinkAboutU.S. HOUSING AND URBAN DEVELOPMENT - 1D-2004 A-2004-093 AMENDMENT TO 1999 EMPOWERMENT ZONE PLANNING AND IMPLEMENTATION GRANT NO. EZ-99-CA-OOOl. HUD's Appropriation for Fiscal Year 2004 provides an additional $14,911,500.00 for grants in connection with the second round of Empowerment Zones program in urban areas designated by the Secretary in 1999 pursuant to the Taxpayer Relief Act of 1997. This appropriation includes $994, I 00 "for each Empowerment Zone for use in conjunction with economic development activities consistent with the strategic plan of each empowerment zone." At the end of the existing paragraph a new sentence is added to read: In addition to amounts previously provided, and subject to the provisions of the Grant Agreement, HUD will make additional grant flmds in the amount of $994,100 available to the EZ. These monies must be drawn down from LOCCS by Sept. 30, 2010. After the end of Article I, Section D of the Grant Agreement is amended by adding a new sentence to read: The Administrative requirements of 24 CFR Part 84, including the procurement requirements of 24 CFR Part 84.40 through 84.48, and the requirements of OMB Circular A-In, Cost Principles for Non-Profit Organizations, as appropriate. Article II, Section D, is removed by striking "BUD must approve Request for Release of Funds, Fonn 7015, prior to drawdown of funds." Authorized Signature U.S. Department of Housing and Urban Development y jJff)o., '0. \::)~~ ~ Authorized Signature lM~~..fu Date Nelson R. Bregon GDAS for CPD State of California ~~ :Aut orized Signature Title AUG 2 7 2004 Date Deputy Director Title City r:zJJI rZ ---" d-jv}" "i