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B. Explain the need for CDBG funds, including why local resources are not currently <br /> available. <br /> CDBG funds are needed to reimburse the City's budget since this expenditure of funds has , <br /> strained the City's finances to date. <br /> III. Proiect Budget: <br /> A. Amount of CDBG Request: $ 68,556.00 !, <br /> B. Identify all activities included within the project and the amount and source of <br /> financing. <br /> , TOTAL <br /> ACTIVITY DESCRIPTION AMOUNT CDBG LEVERAGE <br /> Debris removal 134,286 33,571 100,715 <br /> Security, search& rescue 90,706 22,676 68,030 <br /> Repair/replace street signs 7,309 1,827 5,482 - <br /> Curb/gutter/sidewalk replacement 4,542 1,136 3,406 <br /> Storage Building replacement 1,800 450 1,350 <br /> Replace safety handrail 3,000 750 2,250 <br /> Sign replacement 2,000 500 1,500 <br /> Replace ventilator cover- SWTP 435 109 326 <br /> Repair public street signs 7,360 1,840 5,520 <br /> Tree replacement 4,848 1,212 3,636 <br /> SUBTOTAL 256,286 64,071 192,215 <br /> Administration (7%) 10,611 4,485 6,126 <br /> GRAND TOTAL 266,897 68,556 198.341 <br /> TOTAL PROJECT COST: $ 266,897.00 <br /> IV. NationalObiective: <br /> CDBG funded activities will address which national objective? " <br /> (Select only one <br /> Benefit at least 51 percent low and moderate income person <br /> X Meet a need of particular urgency <br /> V. Estimated number of months to complete proposed project: City staff work still in <br /> progress as our community rebuilds. <br /> -2- <br />