Executive/Council Action Form (ECAF) 2024-0811
ITEM TITLE:
Title
Motion 24-277, approving a child care facility agreement with Machinists Institute
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DEPARTMENT: Executive Office of Recovery & Resilience
ORIGINATOR: Jessica Ruhle & Kara Main-Hester
EXECUTIVE RECOMMENDATION: Ken Klein 7/3/24
PURPOSE: Approve this agreement for Executive signature.
BACKGROUND: This agreement will help to increase the childcare facility maintained by the Machinist Institute. The Machinist Institute intends to offer at least 10% of the children attending will be from a household at or below 65% AMI until December 31, 2034.
FISCAL IMPLICATIONS:
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EXPEND: FUND, AGY, ORG, ACTY, OBJ, AU |
CURRENT YR |
2ND YR |
1ST 6 YRS |
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130-5750-4506-78-4101 |
$500,000 |
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TOTAL |
$500,000 |
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REVENUE: FUND, AGY, ORG, REV, SOURCE |
CURRENT YR |
2ND YR |
1ST 6 YRS |
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TOTAL |
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DEPARTMENT FISCAL IMPACT NOTES: Click or tap here to enter text.
CONTRACT INFORMATION:
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ORIGINAL |
X |
CONTRACT# |
CLFR-123 |
AMOUNT |
$500,000 |
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AMENDMENT |
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CONTRACT# |
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AMOUNT |
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Contract Period
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ORIGINAL X |
START |
January 1, 2024 |
END |
September 30, 2026 |
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AMENDMENT |
START |
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END |
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OTHER DEPARTMENTAL REVIEW/COMMENTS: Reviewed/approved by: Risk Management (Sheila Barker 7/2/24) and Finance (Nathan Kennedy 7/3/24)