Loading...
14607 1 RESOLUTION NO. 14,607 2 3 A RESOLUTION TO APPROVE THE AMENDED SOURCES AND USES 4 OF FUNDS PROVIDED IN THE 2017 CDBG, HOME, AND HOPWA 5 FUNDS FROM THE U.S.GOVERNMENT;AND FOR OTHER PURPOSES. 6 7 WHEREAS, the City set forth its list of priorities for the use of 2017 CDBG, HOME and HOPWA 8 Funds in Little Rock,Ark., Resolution No. 14,420(September 20,2016); and, 9 WHEREAS, the total requested amount of funding was Two Million, Three Hundred Fifty-Nine 10 Thousand,Nine Hundred Nineteen Dollars($2,359,919.00), and the total funding grant was Two Million, 11 One Hundred Twelve Thousand, Seven Hundred Thirty-Nine Dollars($2,112,739.00);however,projected 12 project income increases that amount to Two Million, Three Hundred Twelve Thousand, Seven Hundred 13 Thirty-Nine Dollars($2,312,739.00);and, 14 WHEREAS, it is necessary for the City to amend the sources and use of funds from these Federal 15 programs; 16 NOW,THEREFORE,BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY 17 OF LITTLE ROCK,ARKANSAS: 18 Section 1. The sources and use of funds as set forth in Little Rock, Ark., Resolution No. 14,420 19 (September 20, 2016), are hereby amended as follows for Community Development Block Grant Funds 20 (CDBG): 21 SOURCES: AMOUNT FORMER AMOUNT 22 2017 CDBG ALLOCATION $1,248,933.00 $1,304,133.00 23 PROGRAM INCOME 200,000.00 24 USES: 25 Owner-Occupied Rehabilitation 636,667.00 357,483.75 26 Economic Development 47,844.00 27 Pave My Alley 28,730.00 28 World Changers 48,000.00 45,968.00 29 Community Programs-Youth Job Training 14,365.00 15,000.00 30 Wheelchair Ramps 17,238.00 18,000.00 31 Carelink-Meals on Wheels 55,785.00 55,250.00 32 CHI-St.Vincent East Clinic 152,090.00 152,250.00 33 Administration 249,787.00 260,827.00 [Page 1 of 2] 1 Section 2. The sources and use of funds as set forth in Little Rock, Ark., Resolution No. 14,420 2 (September 20, 2016), are hereby amended as follows for HOME Investment Partnership Program 3 (HOME): 4 SOURCES: AMOUNT FORMER AMOUNT 5 2017 HOME ALLOCATION $476,645.00 $716,013.00 6 USES: 7 New Construction Development 636,667.00 387,009.75 8 New Construction(Program Income) 200,000.00 200,000.00 9 CHIDO-Set Aside 71,496.75 77,401.95 10 Administration 47,664.50 51,601.30 11 Section 3. The sources and use of funds as set forth in Little Rock, Ark., Resolution No. 14,420 12 (September 20, 2016), are hereby amended as follows for Housing Opportunities for Persons with AIDS 13 (HOPWA): 14 SOURCES: AMOUNT FORMER AMOUNT 15 2017 HOPWA ALLOCATION $387,161.00 $339,795.70 16 USES: 17 Housing Assistance&Related 348,444,90 305,797.70 18 Project Sponsors Administration 27,101.27 23,784.11 19 Grantee Administration 11,614.83 10,193.19 20 Section 3. Severability. In the event any title, section, paragraph, item, sentence, clause, phrase, or 21 word of this resolution is declared or adjudged to be invalid or unconstitutional, such declaration or 22 adjudication shall not affect the remaining portions of the resolution which shall remain in full force and 23 effect as if the portion so declared or adjudged invalid or unconstitutional was not originally a part of the 24 resolution. 25 Section 4. Repealer. All resolutions, bylaws, and other matters inconsistent with this resolution are 26 hereby repealed to the extent of such inconsistency including, but not limited to, Little Rock, Ark., 27 Resolution No. 14,420(September 20, 2016). 28 ADOP_ D: August 1,2017 29 APPROVED 30 -30 31 164/ ;32 ey, City Clerk Mark Stodolaayor 33 AP' ' i :°i AS TO LEGAL FORM: 34 35 L�9ly � ' ' 36 Thomas M. Carpenter, ity Attu ey 37 II [Page 2 of 2]