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HomeMy WebLinkAboutIR 9087INFORMAL REPORT TO CITY COUNCIL MEMBERS To the Mayor and Members of the City Council No. 9087 July 21, 2009 Page 1 of 1 SUBJECT: American Recovery and Reinvestment Act — Weekly Update The purpose of this report is to provide the City Council with regular updates regarding the efforts of the City of Fort Worth and its regional partners to successfully apply for and secure grant funding through the American Recovery and Reinvestment Act of 2009 (ARRA). The ARRA Community Task Force will continue to meet twice each month to share information about possible funding resources. City staff will view webinars conducted by the federal Office of Management and Budget during July 20 -23 on various aspects of federal reporting requirements pertaining to the ARRA grants. The following new information will be posted on the city's website by Tuesday, July 21, 2009. With the updated information, a summary of the total dollar amount of applications submitted or approved by City Council is listed below. City of Fort Worth submittals Formula - funded allocations $31,320,033.00 Competitive grant applications submitted 20,792,674.00 Loan applications submitted 24,000,000.00 City Total $76,112,707.00 Applications submitted by community allies $431.417,834.00 Total amount reported on website $507,530,541.00 Should you have any questions or comments, please contact Reid Rector, Director of Governmental Relations, at 817 - 392 -1296. f( , Dale A. Fisseler, P.E. City Manager ISSUED BY THE CITY MANAGER FORT WORTH, TEXAS COMPETITIVE GRANT Program Name Description Amount -Organization City of Fort Assistance to Construction of 3 fire stations: Spinks Airport, $15,000,000.00 Worth Firefighters Grant replace fire station 5, and combine and Fire Department replace fire stations 25 and 44 at Meacham Airport With the updated information, a summary of the total dollar amount of applications submitted or approved by City Council is listed below. City of Fort Worth submittals Formula - funded allocations $31,320,033.00 Competitive grant applications submitted 20,792,674.00 Loan applications submitted 24,000,000.00 City Total $76,112,707.00 Applications submitted by community allies $431.417,834.00 Total amount reported on website $507,530,541.00 Should you have any questions or comments, please contact Reid Rector, Director of Governmental Relations, at 817 - 392 -1296. f( , Dale A. Fisseler, P.E. City Manager ISSUED BY THE CITY MANAGER FORT WORTH, TEXAS