Minutes 05/25/1982 - Laserfiche WebLink

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~'.'." t; TUESDAY MAY 25, 1982 Council heartily commended the City's administrative staff for its successful administering and implementation of the UDAG Program Grant for water system improve- ments, essentially completed, as set forth in the following report letter (dated May 14, 1982) from Ms. I. Margaret White, Area Manager of the Richmond (Virginia) office of the U. S. Department of Housing & Urban Development: This will confirm the results of our April 27 and 28, 1982 monitoring review of the City's performance in implementing the Urban Development Action Grants Program (B-78-AB-51-0107). The review, conducted by Ms. Alwyn C. Jennings, Economic Development Specialist, and Mr. Charles A. Angelucci, Financial Analyst, of the Area Office focused primarily on the areas in which previous monitoring findings remained outstanding. An examination was made of the City's Program records, and a site inspection was made of the UDAG-assisted construction activities and of the facilities of the four private companies not inspected during our prior visit. At various times during the visit, interviews were conducted with the following persons: Mr. J. Michael Grubbs, Assistant to the City Manager Mr. J. Ronnie Minter, Commissioner of Revenue Mr. Dwight Pemberton, Plant Manager, Pannill Knitting Company Mr. F. L. Schuerman, Vice President/Chief Financial Officer, American Furniture Company Mr. Bob Black, Vice President for Manufacturing, American Standard Homes Mr. James Godbee, Vice President, Lacy Corporation Mr. Smith Chaney, Head Engineer, Lacy Corporation As indicated below, our review of the following Program areas revealed no new findings, and that no previous findings remain outstanding. PROGRAM PROGRESS The City has drawn down 100 percent of the $3,090,000 Grant amount. The UDAG-funded construction activities have been essentially completed, i.e., grading and seeding at the water treatment plant remain to be finished. Although the treatment plant remains in use at its prior capacity, continuous operation of the plant at its expanded capacity is precluded until the State Health Department grants approval. However, the City expects to complete the seeding and grading and to receive the State Health Department Certificate within 60 days (June 30, 1982). PROGRAM PERFORMANCE REQUIREMENTS 1. New Private Investment In response to our previous finding, the City now has secured evidence of the private expenditures (vouchers, cancelled checks, audited statements) and maintains that documentation on file. The documentation indicates an