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14779 1 RESOLUTION NO. 14,779 2 3 A RESOLUTION TO SET JUNE 5, 2018, AS THE DATE FOR A PUBLIC 4 HEARING REGARDING THE SOURCES AND USES OF FUNDS 5 PROVIDED IN THE 2018 CDBG, HOME AND HOPWA FUNDS FROM 6 THE UNITED STATES GOVERNMENT; AND FOR OTHER PURPOSES. 7 8 WHEREAS,as a regulatory requirement,a public hearing must be conducted regarding proposed uses 9 of 2018 CDBG,HOME and HOPWA Funding which the City expects to receive from the U.S.Department 10 of Housing and Urban Development; and, 11 WHEREAS, the City's projected 2018 entitlements total Two Million, Five Hundred Fifty-Five 12 Thousand, Nine Hundred Twenty-Five Dollars ($2,555,925.00); funding in the amount of Two Million, 13 Four Hundred Forty-Two Thousand, Sixteen Dollars ($2,442,016.00) is also available, including One 14 Hundred Thirteen Thousand,Nine Hundred Nine Dollars($113,909.00)in 2017 program income; and 15 WHEREAS,the proposed uses of the City's 2018 Entitlement Funds were developed with extensive 16 citizen participation, including five (5) meetings throughout the City and a sixteen (16) member 17 Consolidated Planning Committee; and prior to this public hearing,the Consolidated Planning Committee 18 developed a slate of projects to recommend for Board approval so that the public hearing will provide 19 citizens an additional opportunity to review and comment on the proposed uses of the 2018 CDBG,HOME 20 and HOPWA Funding; 21 WHEREAS, the Consolidated Planning Committee will submit an allocation of funds as its 22 recommendation to the Board; 23 NOW,THEREFORE,BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY 24 OF LITTLE ROCK,ARKANSAS: 25 Section 1. The 2018 Consolidated Planning Proposed Sources and Uses of Funding is attached as 26 Exhibit A. 27 Section 2. A public hearing shall be held on Tuesday,June 5,2018, at 6:00 PM,or as soon afterwards 28 as the item is reached upon the call of the Agenda, in the Board Chambers on the second floor of City Hall, 29 500 West Markham Street,Little Rock,Arkansas,to review and comment on the proposed uses of the 2018 30 CDBG,HOME and HOPWA Funding; 31 Section 3. The City Clerk is hereby directed to give notice of such hearing in the manner prescribed 32 by law by publication once a week for two (2) consecutive weeks in a newspaper published in Pulaski 33 County,Arkansas,and having a general circulation in the City of Little Rock. [Page 1 of 3] 1 Section 4. Severability. In the event any title, section, paragraph, item, sentence, clause, phrase, or 2 word of this resolution is declared or adjudged to be invalid or unconstitutional, such declaration or 3 adjudication shall not affect the remaining portions of the resolution which shall remain in full force and 4 effect as if the portion so declared or adjudged invalid or unconstitutional was not originally a part of the 5 resolution. 6 Section 5. Repealer. All resolutions, bylaws, and other matters inconsistent with this resolution are 7 hereby repealed to the extent of such inconsistency. 8 ADOPTED: May 15,2018 9 A S APPROVED. 10 11114( 11 Lii=� /di 12 ��� �� g1 , ,'‘ Clerk Mark Stodola,Mayor 13 APPR ,, I :,_ . •1 LEGAL FORM: 14 - / 16 Thomas M. Carpenter,Ci s Attorne 17 // 18 // 19 // 20 // 21 // 22 // 23 // 24 // 25 // 26 // 27 // 28 // 29 // 30 // 31 // 32 // 33 // 34 // 35 // [Page 2 of 3] 1 Exhibit A 2018 CONSOLIDATED PLANNING PROPOSED SOURCES AND USES OF FUNDING COMMUNITY DEVELOPMENT BLOCK GRANT: SOURCES: AMOUNTS 2018 CDBG ALLOCATION $ 1,353,727.00 TOTAL USES: OWNER-OCCUPIED REHABILITATION $ 777,981.00 WORLD CHANGERS 50,000.00 MAINSTREAM-WHEELCHAIR RAMPS 20,000.00 CARELINK-MEALS ON WHEELS $ 60,000.00 CHI-ST.VINCENT EAST CLINIC $ 175,000.00 ADMINISTRATION $ 270,746.00 TOTAL S 1.353,727.00 HOME INVESTMENT PARTNERSHIP PROGRAM: SOURCES: 2018 HOME ALLOCATION $ 649,720.00 2017 PROGRAM INCOME $ 113,909.00 TOTAL $ 763,629.00 USES: ACQUISITION/REHABILITATION(2017 PROGRAM INCOME) $ 113,909.00 ACQULSITION/REHABILITATION $ 214,668.00 HOMEBUYER ASSISTANCE $ 272,622.00— CHDO SET-ASIDE: 97,458.00 ADMINISTRATION 64,972.00 TOTAL $ 763,629.00 HOUSING OPPORTUNITIES FOR PERSONS WITH AIDS: SOURCES: 2018 HOPWA ALLOCATION $ 438,569.00 TOTAL $ 438,569.00 USES: HOUSING ASSISTANCE AND RELATED SUPPORTIVE SERVICES $ 394,712.10 PROJECT SPONSORS ADMINISTRATION 30,699.83 GRANTEE ADMINISTRATION 13,157.07 TOTAL , $ 438,569.00 2 [Page 3 of 3]