HomeMy WebLinkAbout14798 1 RESOLUTION NO. 14,798
2
3 A RESOLUTION TO APPROVE THE SOURCES AND USES OF THE
4 PROJECTED 2018 CDBG, HOME AND HOPWA FUNDS FOR
5 INCLUSION IN THE CITY'S ANNUAL PLAN; AND FOR OTHER
6 PURPOSES.
7
8 WHEREAS,as a part of the annual plan which must be submitted to the U.S. Department of Housing
9 & Urban Development ("HUD") by July 20, 2018, the City must suggest the sources of uses of certain
10 funds to be received from HUD; and,
11 WHEREAS, consistent with the City's Citizen Participation Plan, the Consolidated Planning
12 Committee has recommended the sources and uses of the 2018 HUD Entitlement Funds which are
13 anticipated to total Two Million, Four Hundred Forty-Two Thousand, Sixteen Dollars ($2,442,016.00),
14 together with projected program income in the amount of One Hundred Thirteen Thousand,Nine Hundred
15 Nine Dollars ($113,909.00), for a total anticipated amount of Two Million, Five Hundred Fifty-Five
16 Thousand,Nine Hundred Twenty-Five Dollars ($2,555,925.00); and,
17 WHEREAS,two(2)public hearings have been conducted in order to assure the maximum citizen input
18 possible.
19 NOW;THEREFORE,BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY
20 OF LITTLE ROCK,ARKANSAS:
21 Section 1. The Board of Directors recommends submission of the following projected uses of an
22 anticipated One Million, Three Hundred Fifty-Three Thousand, Seven Hundred Twenty-Seven Dollars
23 ($1,353,727.00) in 2018 Community Development Block Grant Funds:
24 (A)Owner-Occupied Rehabilitation $ 777,981.00
25 (B)World Changers $ 50,000.00
26 (C)Wheelchair Ramps $ 20,000.00
27 (D) Carelink—Meals on Wheels $ 60,000.00
28 (E) CHI—St. Vincent East Clinic $ 175,000.00
29 (F)Administration $ 270,746.00
30 TOTAL $1,353,727.00
31 Section 2. The Board of Directors recommends submission of the following proposed uses of an
32 anticipated Seven Hundred Sixty-Three Thousand, Six Hundred Twenty-Nine Dollars ($763,629.00) in
33 2018 HOME Investment Partnerships Program Funds:
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1 (A) Acquisition/Rehabilitation(2017 Program Income) $113,909.00
2 (B) Acquisition/Rehabilitation $214,668.00
3 (C) Homebuyer Assistance $272,622.00
4 (D) CHDO Set-Aside $ 97,458.00
5 (E) Administration $ 64,972.00
6 TOTAL $763,629.00
7 Section 3. The Board of Directors recommends submission of the following projected uses of an
8 anticipated Four Hundred Thirty-Eight Thousand, Five Hundred Sixty-Nine Dollars ($438,569.00) in
9 Housing Opportunities for Persons with AIDS (HOPWA)Funds:
10 (A) Housing Assistance&Related Supportive Services $394,712.10
11 (B) Project Sponsors Administration $ 30,699.83
12 (C) Grantee Administration $ 13,157.07
13 TOTAL $438,569.00
14 Section 4. Severability. In the event any title, section, paragraph, item, sentence, clause, phrase, or
15 word of this resolution is declared or adjudged to be invalid or unconstitutional, such declaration or
16 adjudication shall not affect the remaining portions of the resolution which shall remain in full force and
17 effect as if the portion so declared or adjudged invalid or unconstitutional were not originally a part of the
18 resolution.
19 Section 5. Repealer. All laws,ordinances,resolutions, or parts of the same,that are inconsistent with
20 the provisions of this resolution, are hereby repealed to the extent of such inconsistency.
21 ADOPTED: June 5,2018
22 ATT ,> -; APPROVED:
23 `
24 avl`' R/1//a e/. ,
25 u City Clerk Mark Stodola,Mayor
26 APPto
foli'
Ai' • S TO LEGAL FORM:
27
28 / ./I , ;J
29 Thomas M. Carpenter, "ty Atto •y
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