Meetings / Aug 22, 2012 / Item 32A

Item 32A

approved settlement consent calendar late item

Aug 22, 2012

Description

Authorize to accept and expend funds in the amount of $6,504,769 from the National Mortgage Settlement for the purposes of providing direct and indirect assistance to distressed homeowners and for increased law enforcement resources within DOJ related to the investigation and prosecution of financial fraud. (2)Further authorize to create four new Full-Time Temporary positions to consist of an Attorney, an Investigator, a Managing Analyst-Financial, and a Paralegal II; also to create one classified Part-Time Legal Secretary III, for the purpose of increasing law enforcement resources to investigate and prosecute financial fraud, including banking, mortgage and securities fraud. Effective upon G&C approval through June 30, 2013. 100% Other Funds (Mortgage Settlement). Contingent upon Fiscal Committee approval on September 14, 2012.

Amount
$6.5M
$6,504,769
Department
STATE TREASURY
Funding Source
100% Other Funds (Mortgage Settlement)
Vote Record approved
Motion by St. Hilaire, seconded by Sununu
Raymond Burton (R) yes
Daniel St. Hilaire (R) yes
Christopher Sununu (R) yes
Raymond Wieczorek (R) yes
Dave Wheeler (R) yes
Related Sub-Items (6)
32
Authorize to enter into a sub grant with the City of Manchester, totaling $5,792 from the Violence Against Women Formula Grant, for the purpose of providing services for women in NH who are victims of
$5,792 approved
32
Authorize to enter into a sub grant with the City of Manchester, totaling $5,792 from the Violence Against Women Formula Grant, for the purpose of providing services for women in NH who are victims of
$5,792 tabled
32
Authorize to enter into a sub grant with the City of Manchester, totaling $5,792 from the Violence Against Women Formula Grant, for the purpose of providing services for women in NH who are victims of
$5,792 tabled
32B
Authorize to enter into a memorandum of agreement with the NH Housing Finance Authority, Manchester, NH, in the amount of $2,500,000 which will be issued in the form of grants to HUD certified counsel
$2.5M approved
32B
Authorize to enter into a memorandum of agreement with the NH Housing Finance Authority, Manchester, NH, in the amount of $2,500,000 which will be issued in the form of grants to HUD certified counsel
$2.5M tabled
32B
Authorize to enter into a memorandum of agreement with the NH Housing Finance Authority, Manchester, NH, in the amount of $2,500,000 which will be issued in the form of grants to HUD certified counsel
$2.5M tabled
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