Title
Round Lake Beach CDBG 2014 Public Infrastructure Funding Shift to 2016
Staff Summary
• The Village of Round Lake Beach received a CDBG award in 2014 and subsequently the awarded project’s environmental review is invalid.
• When notified of the ineligibility of its proposed road improvement project for CDBG funding due to the invalid environmental review, the Village of Round Lake Beach agreed to move its $85,000 CDBG grant to a different project at the County’s request.
• The proposed alternate project is the Village of Round Lake Beach’s approved 2016 flood drainage improvement project on Maple Drive, which received a score of 78% of available points in the 2016 application round. The project’s budget is $307k of which $134k is being funded by the Village of Round Lake Beach (44% leverage).