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Resolution for Housing - Related Parks Program <br />November 18, 2014 <br />Page 2 <br />The Parks, Recreation and Community Services Agency was notified that the grant application was <br />awarded $1,030,800. A resolution is required recognizing the grant funds. <br />STRATEGIC PLAN ALIGNMENT <br />Approval of this item allows the City to meet Goal #5 Community Health, Livability, Engagement & <br />Sustainability, Objective #4, Support neighborhood vitality and livability, Strategy a, Support the <br />design and construction of parks to provide increased open space and opportunities for recreation <br />throughout the city, construct the Roosevelt Walker Park and Community Center, and develop <br />concepts and proposals for the Library Park in the Civic Center and Centennial Santa Ana River <br />Eco -Park. <br />FISCAL IMPACT <br />As part of the CIP, the City appropriated $714,450, the anticipated grant amount for fiscal year <br />2014 -2015. This appropriation adjustment of $316,350 represents the difference between the <br />anticipated amount and actual grant award of $1,030,800. The appropriation adjustments will <br />recognize grant revenue in the amount of $316,350 in the Parks /Recreation Capital Grants <br />revenue account (no. 16113002 52025) and appropriate an equal amount to the State Resources <br />Agency Grant expenditure accounts (no. 16113262 various) and recognize funds in the amount of <br />$175,000 in the Residential Development District 1 revenue account (no. 31113002 57991) and <br />appropriate an equal amount to the Residential Development District 1 expenditure accounts (no. <br />31113260 various). <br />Gerardo Mouet <br />Executive Director <br />Parks, Recreation & Community <br />Services Agency <br />APPROVED AS TO FUNDS AND ACCOUNTS: <br />Executive Director <br />Finance & Management Services Agency /l' <br />55F -2 <br />