File #: 24-0739    Version: 1
Status: Agenda Ready
File created: 2/20/2024 In control: City Council
On agenda: 3/12/2024
Title: Establish new Nonprofit Revolving Loan Fund, the Riverside Nonprofit Resilience Fund under the general parameters specified in the staff report - Record reallocation of funds from various American Rescue Plan Act Expenditure Plan Projects to General Fund revenue replacement in the amount of $1,363,766 - Allocate American Rescue Plan Act Expenditure Plan interest earnings in the amount of $1,000,000 to General Fund revenue replacement - Record a supplemental appropriation in the Grants and Restricted Fund, American Rescue Plan Act accounts in the combined amounts of $2,363,766 and record an interfund transfer of the same amount to the General Fund to effectuate the American Rescue Plan Act revenue replacement allocation - Record a supplemental appropriation in the General Fund the amount of $2,363,766 and record an interfund transfer of the same amount to the Grants and Restricted Fund, Nonprofit Revolving Loan - Fund Account - Record a supplemental appropriation in the Grants and Restr...
Attachments: 1. Report, 2. Proposal, 3. Presentation