|Manatee County Government Administrative Center Commission Chambers, First Floor 9:00 a.m. - March 7, 2017|
Agenda Item #68
Rubonia Infrastructure Funding Update
Briefing Provided Upon Request
Contact and/or Presenter Information
Cheri Coryea, Director Neighborhood Services Department, ext 3030
Geri Lopez, Director Redevelopment and Economic Opportunity Department, ext. 3030
Provide update on efforts to find funding for Rubonia, Florida infrastructure needs.
Status update only
Infrastructure Improvements in Rubonia, Florida have been placed as a high priority of the Board.
Staff recently made a trip to the Financial Management Division, Department of Housing and Urban Development in Washington D.C., with the assistance of Jocelyn Hong of the Twenty First Century Group.
The purpose was to gain more knowledge of the operation of the Section 108 Loan Guarantee Program. The application process, loan terms, interest rates, repayment methods and collateral options.
This program is a loan and must be repaid.
Director Lopez is in contact with the HUD office since the visit and is gaining additional knowledge on the process/requirements.
The Rubonia area is still under review from the HUD regional office in Jacksonville for eligibility of the area in the new 5 year Consolidated Plan for CDBG.
Additionally, a grant request to the Florida Legislature was made for assistance with the drainage for $2.8 million. This item is on the Board of County Commissioners' approved state legislative priority projects list and Board members on their trip to Tallahassee will be seeking support for this request.
The sidewalk improvements for the streets in Rubonia were included in the 1/2 cents sales tax and could be leveraged with a state grant to complete this portion of the project.
Since the request to the Legislature is a grant, staff feel this is the first level of priority.
Additional details are included in the attached memorandum.
County Attorney Review
Not Reviewed (No apparent legal issues)
Explanation of Other
Instructions to Board Records
None report only
Cost and Funds Source Account Number and Name
Amount and Frequency of Recurring Costs
Attachment: HUD Section 108 Rubonia Update .pdf