Approve Amendment No. 2 to Service Agreement Between the County of Lake and Community Development Services (CDS)

Summary

This item approves Amendment No. 2 to the Service Agreement between the County of Lake and Community Development Services (CDS). The amendment primarily serves to increase the total compensation for CDS and extend the duration of their Microenterprise Technical Assistance program.

Key Changes:

• Total Compensation: Increased from an unspecified amount to a maximum of $567,550.
• Program Duration: Extended from January 2023 - May 2024 (17 months) to June 1, 2024 - May 31, 2027 (36 months).
• Budget Allocation: The grant budget for technical assistance (grant number 20-CDBG-12082) is $232,550. An additional $335,000 from CDBG program income will be utilized to fund the extended program, contingent on fund availability.
• Service Details: The program involves one-on-one consulting and workshops, with an estimated average of 26.5 hours per participant at an hourly rate of $145 for CDS.

Citizen Impact

This amendment extends and increases funding for a program that provides microenterprise technical assistance, likely benefiting small business owners in the County of Lake by offering consulting and workshops to help them grow.

Confidence

high