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Fiscal Impact <br />The total project cost is $465,800 <br />Federal funds amount to $419,220, with the City providing DFSI matching funds in the <br />amount of $46,580 <br />Budget Authority <br />Grant funds in the amount of $419,220 were allocated to this project in account 150-38-283. <br />DFSI funds in the amount of $46,780 were allocated to this project for the match in account <br />120-38-283. <br />Attachments <br />None <br />CONCLUSION <br />Staff recommends approval of a resolution authorizing the City Manager to execute the Program <br />Supplement Agreement that accepts federal funding and obligates the City to provide matching <br />funds and complete the project. <br />K:AAn-C\COUNCIL\2008\5 MAY 19\PROG SUPP Olt-N MEM.docz <br />