AGENDA ITEM REPORT
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A RESOLUTION APPROVING THE CAYMAN VILLAGE CONDOMINIUM ASSOCIATION APPLICATION FOR MATCHING GRANT FUNDS FROM THE NEIGHBORHOOD ENHANCEMENT GRANT PROGRAM FOR SECURITY ENHANCEMENTS.
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BACKGROUND:
The City of Coconut Creek is committed to enhancing community aesthetics and promoting a stronger, safer, and more sustainable community by providing funding assistance through the Neighborhood Enhancement Grant (NEG) Program.
DISCUSSION:
For Fiscal Year 2025 (FY25), the NEG Program has allocated a budget of $195,000 to fund neighborhood improvement projects. The Cayman Village Condominium Association has submitted a request for $4,378.54 in matching grant funds to enhance community safety and security from the NEG Program, with a total project cost of $8,757.09. The program guidelines provide a maximum reimbursement of $10,000 for security projects.
Certain records relating to security systems for this agenda item are exempt from public disclosure pursuant to Section 281.301, F.S., and Section 119.071(3)(a), F.S., and have therefore not been made part of this agenda item. However, City staff has thoroughly reviewed all grant documents to ensure compliance with City requirements.
The Cayman Village Condominium Association application is the first NEG request of FY25. The proposed grant project is a further enhancement of the community and satisfies the standards established by the NEG Program.
RECOMMENDATION:
Staff recommends approval of this resolution.
FISCAL IMPACT:
REVENUES: $ 0
EXPENDITURES: $ 4,378.54
BUDGETED? Yes
NOTES: This is the first NEG Application for the FY25 Budget. FY25 funds available total $195,000.00 from Account 0198-8220, Neighborhood Enhancement Grants.