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130151 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 28 29 30 31 32 33 34 35 2009058170 Received: 3124/2009 1 :23 :48 PM Recorded: 08/24/2009 03:13 :5 a PM Filed & Recorded in Official Records of PAT O'BRIEN, PULASKI COUNTY CIRCUITICOUNTY CLERK RESOLUTION NO. 13,015 Fees $20.00 A RESOLUTION TO APPROVE THE SOURCES AND USES OIL PROJECTED ED 2010 CDBG AND HOME FUNDS FOR INCLUSION IN THE CITY'S ANNUAL PLAN; AND FOR OTHER PURPOSES. WHEREAS, as a part of the annual plan which must be submitted to the U.S. Department of Housing & Urban Development ( "HUD ") by November 15, 2010, the City must suggest the source of uses of certain funds to be received from HUD, and WHEREAS, consistent with the City's Citizen Participation plan, the Consolidated Planning Committee has recommended the sources and uses of 2010 HUD entitlement funds which are anticipated to total Three Million, One Hundred Forty-two Thousand, One Hundred Seventy -eight Dollars ($3,142,178.00), and WHEREAS, two (2) public hearings have been conducted in order to assure the maximum citizen input possible; NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS: Section 1. The Board recommends submission of the following projected uses of an anticipated One Million, Seven Hundred Sixty -five Thousand, Three Hundred Sixty -four Dollars ($1,765,364.00) in Community Development Block Grant Funds: (A) (B) (C) (D) (E) (F) (H) (H) (1) (J) (K) (L) College Station Infrastructure Improvement Owner- Occupied Rehabilitation Carelink -Meals on Wheels World Changers MLK Heritage Center Facility Improvements Oak Forest Community Garden Our House Educational Building Rehabilitation Our House Exterior Lighting and Parking Lot Improvements Save -A -Home Program (Revolving Funds) Section 108 Loan Repayments Kramer School :v`�tataasrarrrrir��� Infrastructure NWH Complex N �t Administration y Resolution Approve 2010 CDBG, HOME And ADDI Funds - G` N i ®LINTY, 111111111% [PAGE 1 OF 2] $ 50,000 $ 525.000 $ 35,000 $ 75,000 $ 25,000 $ 27,582 $ 34,200 $ 15,900 $ 100,000 $ 120,000 $ 250,000 $ 174,619 $ 333,063 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 28 29 30 31 32 33 34 35 36 37 Section 2. The Board recommends submission of the following projected uses of an anticipated One Million, Three Hundred Seventy -six Thousand, Eight Hundred Fourteen Dollars ($1,376,814) in 2010 Home Investment Partnership Funds: (A) Substantial/Moderate Rehabilitation $ 400,000 (B) New Construction $ 241,269 (C) Save -A -Home $ 300,000 (D) First Time Homebuyer Assistance $ 112,500 (E) CHDO Set -Aside $ 161,523 (F) CHDO Operating $ 53,840 (G) Administration $ 107,682 Section 4. Severability. In the event any title, section, paragraph, item, sentence, clause, phrase, or word of this resolution is declared or adjudged to be invalid or unconstitutional, such declaration or adjudication shall not affect the remaining portions of the resolution which shall remain in full force and effect as if the portion so declared or adjudged invalid or unconstitutional was not originally a part of the resolution. Section 5. Repealer. All ordinances and resolutions are hereby repealed to the extent of such inconsistency. ADOPTED: August 18, 2009 APPROVED AS TO LEGAL FORM: #,/. 4'4� Thomas M. Carpenter, i y Attorney H H H H fl H H H H Resolution Approve 2010 CDBG, HOME And ADDI Funds [PAGE 2 OF 2] APPROVED: Mark Stodola, Mayor