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Agenda Item: Adoption of the 2014/2015 CDBG Annual Action Plan and adoption of <br /> Resolution No. 4224-1433 authorizing application for Community Development Block <br /> Grant funds <br /> Financial Impact <br /> Fiscal Year 2015 Budget Allocation Proposed: $339,618 <br /> The recommended allocations are subject to change upon receipt of the final funding <br /> amount from HUD, usually received in August of each year. <br /> Attachments <br /> 1. Annual Action Plan Budget Table <br /> 2. Resolution No. 4224-1433 <br /> Recommended Action (by separate motions): 1) MOVE to adopt the City of Prescott <br /> 2014/2015 CDBG Annual Action Plan; and 2) MOVE to adopt Resolution No. 4224-1433. <br /> 3 <br />