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65EL SEGUNDO CITY COUNCIL MEETING DATE: November 7, 2007 AGENDA ITEM STATEMENT AGENDA HEADING: Unfinished Business AGENDA DESCRIPTION: Consideration and possible action regarding reimbursing certain homeowners in the City of El Segundo for costs incurred while participating in the City's Residential Sound Insulation Program. (Potential fiscal impact: $14,543.80) RECOMMENDED COUNCIL ACTION: 1) Adopt Resolution; 2) Authorize staff to contact eligible homeowners; 3) Appropriate $14,543.80 for the disbursement; 4) Disburse the grants to homeowners upon execution of a grant agreement with the City in a form approved by the City Attorney; and 5) Alternatively, discuss and take other action related to this item. BACKGROUND & DISCUSSION: On June 7, 2006, the City Council adopted a resolution adopting policies and procedures for distributing settlement funds to residential homeowners that participated in Groups 2, 3, and 4 for funds paid as required for participation in the program. These policies included an application deadline of August 31, 2006. As of that deadline, of the 62 properties that had been determined that qualified for reimbursement, 5 did not submit claims and were unable to be reached by City staff (one of which has since sold their property). Since August 31, 2006, two of the five homeowners who did not submit claims and whom staff was unable to contact have contacted City staff. Both stated that they were unaware of the grant reimbursement program for which they were eligible. One of the two verbally stated that they were out of state for the entire length of the grant program — from June 7th to August 31 st of 2006. Staff is recommending this action, as these potential homeowners may be eligible under the terms of the grant reimbursement program with the sole exception of the deadline for submitting a claim. (continued on next page) ATTACHED SUPPORTING DOCUMENTS: Draft Resolution FISCAL IMPACT: Potentially $14,543.80 Operating Budget: $74,053.42 Amount Requested: $14,543.80 Account Number: Project Phase: Appropriation Required: X Yes No GINATED: DATE: October , � 4 0 ames S. O' e' I, am Mana er REVIEWED DATE: � l Jeff Manner t_ ) J