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11594I RESOLUTION NO. 11,594 2 3 A RESOLUTION TO APPROVE THE USES OF PROJECTED 2004 4 CDBG, HOME AND ESG FUNDS AS PART OF THE CITY'S 5 ANNUAL PLAN; AND FOR OTHER PURPOSES. C 7 WHEREAS, as a part of the annual plan which must be submitted to the U.S. 8 Department of Housing & Urban Development ( "HUD ") by November 15, 2003, the 9 City must suggest the source of uses of certain funds to be received from HUD, and 10 WHEREAS, consistent with the City's Citizen Participation plan, the 11 Consolidated Planning Committee and the Project Review Committee have 12 recommended the sources and uses of 2004 HUD entitlement funds which are 13 anticipated to total three million, two hundred sixty-eight thousand, eight hundred 14 sixty-five dollars ($3,268,865.00), and 15 WHEREAS, at least two (2) public hearings have been conducted in order to 16 assure the maximum citizen input possible; 17 NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF 18 THE CITY OF LITTLE ROCK, ARKANSAS: 19 Section 1. The Board recommends submission of the following projected uses 20 of an anticipated two million, two hundred ninety-one thousand, two hundred fifty- 21 nine dollars ($2,291,259.00) in Community Development Block Grant Funds: 22 (A) Owner- occupied rehabilitation $350,868 23 (B) Homebuyer Assistance Grants 50,000 24 (C) Demolition 50,000 25 (D) Board and Secure 10,000 26 (E) Housing Counseling 100,000 [PAGE 1 OF 31 Resolution Appmve uses of 3061 CDBGMOM MSG funds 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 0 0 (F) Meals on Wheels 25,000 (G) Pankey Parks Improvements 10,000 (H) Save -A -Home 100,000 (I) Infrastructure: 418,772 (i) 83rd Street Reconstruction 216,386 (ii) Holt Street Reconstruction (Phase IV & III ROW) 202,386 (J) Section 108 Loan Repayments 617,000 (i) Kramer School 92,000 (ii) Lee School (Neighborhood Resource Center) 275,000 (iii) Infrastructure 250,000 (K) NWH Complex 174,619 (L) Administration 385,000 Section 2. The Board recommends submission of the following projected uses of an anticipated two million, one hundred ninety thousand, seven hundred thirty-one dollars ($2,190,731.00) in 2004 Home Investment Partnership Funds: (A) G & S Builders $165,000 (B) Duncan UMC 80,000 (C) Citadel Real Estate 200,000 (D) Griffin Construction 60,000 (E) LR Community Mental Health Center 37,029 (F) Centers for Youth and Family 20,000 (G) Gaines House 70,550 (H) Watershed 100,000 (1) Owner- occupied Rehabilitation 400,000 (J) Save -A -Home 500,000 [PAGE 2 OF 31 Resolution Appmve uses of 2004 C0BGM0ME/E5G funds I (K) New Construction 281,685 2 (L) CHDO Set - Aside: 165,880 3 (i) The ARC Arkansas 72,000 4 (ii) Reserve CHDO Funds 93,880 5 (M) Administration 110,587 6 Section 3. The Board recommends submission of the projected use of an 7 anticipated seventy-eight thousand dollars ($78,000.00) for 2004 Emergency Shelter 8 Grant funds to homeless service providers. 9 Section 4. Severability. In the event any title, section, paragraph, item, 10 sentence, clause, phrase, or word of this resolution is declared or adjudged to be invalid 11 or unconstitutional, such declaration or adjudication shall not affect the remaining 12 portions of the resolution which shall remain in full force and effect as if the portion so 13 declared or adjudged invalid or unconstitutional was not originally a part of the 14 resolution. 15 Section 5. Repealer. All ordinances and resolutions are hereby repealed to the 16 extent of such inconsistency. 17 ADOPTED: September 9, 2003 18 ATTEST: APPROVED: 19 � (� 20 U CFii -C / 1pv�I 21 ataki Blocker, As istant Ci Clerk Ji ailey, Mayor 22 23 APPROVED AS TO LEGAL FORM: 24 25 26 Thomas M. Carpenter, itv Attornev 27 H [PAGE 3 OF 31 Resolution Approve uses of 2004 CDBG /HOME SG funds