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AGENDA ITEMS <br />1. CDBG FY 14 -15 Allocation Process <br />Nancy Fong provided a PowerPoint presentation describing the allocation process <br />and funding for city projects and programs and reviewed policy considerations for <br />the next fiscal cycle. Committee members asked questions regarding the currently <br />funded programs to their corresponding leads: Gerardo Mouet for Project Pride, <br />Library Tutoring, Senior Meals; Carlos Rojas for HEART, GRIP and PAAL <br />programs; Shelly Landry-Bayle for housing rehabilitation programs; and Nancy <br />Fong regarding the economic development and youth training programs. Vice <br />Chairperson Benavides requested to inform the full City Council of each program's <br />effectiveness, measurements, and success stories so as to see the economic <br />development impact it is making in the City. City Manager David Cavazos stated a <br />one -page summary of the funded programs will be provided. <br />STAFF MEMBER COMMENTS <br />• David Cavazos informed that the current budget forecast demonstrated a deficit of <br />$4.5 million; however modifications being implemented now are forecasting a <br />positive outlook. The adjustments can be presented during the mid -year review. <br />COMMITTEE MEMBER COMMENTS <br />• David Benavides thanked the public for attending and voicing their comments. <br />• Michele Martinez had an opportunity to talk with Nancy Fong regarding an <br />economic development strategy and would like to further discuss the possibility of a <br />business task force at the next committee meeting. <br />Adjournment — 5:55 p.m. <br />Karen Gerardo <br />Recording Secretary, CDA <br />November 12, 2013 1 Finance, Economic Development, & Technology Minutes <br />