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TO: Mayor Richard C. Irvin
FROM: Betty Hart, Director, Innovation & Strategy
DATE: December 10, 2021
SUBJECT:
Resolution authorizing execution of a Second Amendment to Agreement with Cities for Financial Empowerment (CFE) for the Aurora Financial Empowerment Center (FEC) to extend the grant term end date from January 31, 2022 to April 30, 2022.
PURPOSE:
To ensure the successful delivery of the Aurora FEC for the original grant term and recognizing the impact of the launch date due to Covid-19, CFE has offered an amendment to extend their original contract agreement end date with City of Aurora FEC from January 31, 2022 to April 30, 2022.
BACKGROUND:
On December 17, 2019, City Council approved a resolution to accept a two-year matching grant from the Cities for Financial Empowerment (CFE) to create a Financial Empowerment Center (FEC) in the city of Aurora (ref. R19-412; Legistar 19-1079). The initial agreement with CFE was dated November 1, 2019, and the first amendment, adding a third financial counselor and funding, was dated July 15, 2020 (ref. R20-186; Legistar 20-0491). In the original agreement with CFE, the term date was set to expire January 31, 2022. Due to Covid-19 impact on the successful launching of services, CFE has issued a second grant amendment and CFE Fund is providing a no-cost extension to City of Aurora ending no later than April 30, 2022.
DISCUSSION:
The Aurora FEC counselors have successfully outperformed other cities despite their increasing caseloads, providing over 800 residents with essential professional counseling services and referral activity to partner agency services. The CFE, recognizing the increase in request for counseling services being experienced by FEC's countrywide, has granted an extension their original agreements with Aurora FEC to alleviate breaks in services into the new fiscal year. Therefore, the Aurora FEC will continue to successfully operate from the Thrive Collaborative Center with a contractual p...
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