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Booneville council authorizes mayor to pursue CDBG funding, records $5.7 million local match for academic-hall expansion and childcare

Booneville City Council · July 15, 2024
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Summary

Council approved Resolution R-2024-10 authorizing pursuit of Community Development Block Grant (CDBG) funds and recorded a $5.7 million local cash commitment to support an academic-hall expansion that includes childcare facilities; staff said they plan to seek roughly $500,000 of CDBG to offset inflation-related cost increases.

The Booneville City Council voted on July 15 to authorize the mayor to apply for Community Development Block Grant funding under Resolution R-2024-10 and to commit $5.7 million in local cash as part of the Community Facilities application.

Staff told the council the CDBG request would be used to help plug inflation-driven cost increases for the expansion and renovation of Academic Hall (the project includes childcare facilities). The city’s 2018 sales-tax package originally funded components of the project; staff said the academic-hall costs have risen since 2018 and that the $5.7 million figure represents the local cash commitment for the application. Staff said they are targeting about $500,000 of CDBG funds to help reduce the local out‑of‑pocket increase.

Council members asked for clarification about where the numbers came from and whether reserves remained available; staff said the city has roughly $4–5 million in reserves and that some funds are already allocated to other capital projects such as the Johnson Field House. Council discussed timing and whether to renew the sales tax when it sunsets in December; staff noted the renewal decision would be for the council at a future time.

What happens next: staff will submit the CDBG application and documentation of the local match and will provide updates at upcoming meetings; a public meeting on the project previously occurred and application requirements for public notice were discussed.

Direct quote from the resolution text as read into the record: "Section 3, the applicant will dedicate 5,700,000 of local cash funds from the Missouri Department of Economic Development... Community Facilities to be used for this project."