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HomeMy WebLinkAboutMOTION re PIF RFP JEFFERSON COUNTY BOARD OF COUNTY COMMISSIONERS CONSENT AGENDA REQUEST TO: Board of County Commissioners FROM: Mark McCauley, County Administrator DATE: August 12,2024 SUBJECT: Request for Board Approval, re: Issuing a Public Infrastructure Fund (PIF)Request for Proposals (RFP) STATEMENT OF ISSUE: During their August 7, 2024 meeting the Public Infrastructure Fund Board approved a motion to recommend that the Board of County Commissioners issue an RFP in an amount not to exceed $600,000 for qualifying economic development projects to be undertaken in 2025. ANALYSIS: Staff analyzed the finances of the Public Infrastructure Fund and recommended that the PIF Board approve a motion recommending that the Board of County Commissioners approve the issuance of an RFP for an amount not to exceed $600,000. FISCAL IMPACT: This request has no fiscal impact in and of itself. However, approval of this request will lead to the award of grants for economic development projects in some amounts funded by the Public Infrastructure Fund with a total not to exceed $600,000. RECOMMENDATION: Authorize the issuance of a PIF RFP in an amount not to exceed $600,000. REVIEWED BY: oZ Mark McCauley, ounty Administrator Date