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Commission approves sixth budget amendment to record grants, bond proceeds and debt service
Summary
The Grand Rapids City Commission adopted its sixth budget amendment to recognize a set of grant awards, reimbursements and new bond proceeds, including an election reimbursement, energy block grant funding, eviction-diversion funds, a $24,000,000 estimated new-bond receipt and related debt-service appropriations; the vote was 6-0 with immediate
The Grand Rapids City Commission voted to adopt the sixth budget amendment, recognizing reimbursements and a series of grant awards and bonding proceeds. The motion included grant recognitions for election reimbursement, traffic-enforcement overtime, energy-efficiency block grant awards, eviction-diversion funds, philanthropic contributions for parks, and authorization to recognize new bond proceeds and related debt-service appropriations.
Key items listed by Commissioner Knight during the ordinance discussion included an election reimbursement for the clerk in the amount of $89,269.90; an energy efficiency and conservation block grant award of $235,280; a 61st District Court Eviction Diversion Initiative additional award of $102,607; a $50,000 Mitten Foundation contribution for Richmond Park; and estimated new-bond proceeds and interest revenue totaling $24,000,539,668.15 with a debt-service appropriation of $5,255,517. The packet also referenced ARPA funding use and several other departmental grants and appropriations.
The commission approved the ordinance and separately approved a motion for immediate effect. The clerk called a roll: Commissioners Belchak, Kilgore, Assasse, Perdue, Knight and Mayor LeGrande were recorded as voting yes; the motion carried 6-0 and was declared immediately effective.
Vote details: roll-call yes votes were recorded for Commissioner Belchak, Commissioner Kilgore, Commissioner Assasse, Commissioner Perdue, Commissioner Knight and Mayor LeGrande. No recorded no votes, abstentions or recusals were recorded in the roll-call segment.
What it means: the amendment recognizes and appropriates grant revenues and formalizes estimates for new bond proceeds and required debt-service appropriations. The funding items will be applied to the departments and capital projects named in the commission packet, including elections, police overtime enforcement, sustainability programs, eviction-diversion court work, parks projects and construction of public works and training facilities.
Ending: the ordinance passed by roll-call vote and was made effective immediately per the commission action; commissioners moved on to the public comment portion of the agenda.
