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45.

Meeting Date:	04/28/2014
10% Retainage Garcia Juventino
Submitted for:	Melissa Ortega	Submitted By:	Melissa Ortega, Economic Development
Department:	Economic Development

Subject:

Discussion and possible action to approve release of Ten percent (10%) retainage for the completion of Webb County Housing Rehabilitation Program in Colonia Pueblo Nuevo under the Texas Community Development Program (TCDP) #712095 - Texas Community Development Block Grant (TxCDBG) and authorize the County Judge to sign all relevant documentation. This will not impact the general fund.

Contractor	Project Address	Retainage Amount

ROMO Contractors	9224 HWY 359	$2,465.00

Background:

Texas Community Development Block Grant received from the Texas Department of Agriculture in the amount of $500,000 for the rehabilitation of seventeen (17) homes in Colonia Pueblo Nuevo for low-to-moderate income families.

Previous Court Action:

Commissioners Court awarded bid 2013-22 Webb County Rehabilitaiton Program in Colonia Pueblo Nuevo to the lowest and best qualified bidder for the Texas Community Development Block Grant (TxCDBG). (Approved on January 13, 2013, item #44)

Fiscal Impact

Budget Account Number:	471-2311
Funding Source:	471
Balance:	2465.00
Financial Impact:
No impact to county general fund.

Attachments
J Garcia 10%