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RESOLUTION NO. 9 140
A RESOLUTION APPROVING THE VARIOUS
PROJECTS AND ALLOCATIONS OF FUNDS
AS PROVIDED FOR IN THE CITY OF
LITTLE ROCK'S COMMUNITY
DEVELOPMENT BLOCK GRANT (CDBG)
PROGRAM FOR THE 20TH YEAR (FY
1994); APPROVING THE CDBG
APPLICATION AND AUTHORIZING THE
FILING OF THE APPLICATION FOR SUCH
FUNDS.
184
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS
OF THE CITY OF LITTLE ROCK, ARKANSAS:
SECTION 1. The various projects and allocations of the
funds provided to the City under the Community Development Block
Grant (CDBG) Program for fiscal year 1994, as set forth in the
attached program proposal (Exhibit A) and application for such
funds are hereby approved.
SECTION 2. The City Manager, on behalf of the City, is
hereby authorized to complete and file the applications with the
U. S. Department of Housing and Urban Development for the grant
of funds so specified.
ADOPTED: April 5, 1994
% TI
CLERK CITY
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• • 1E5
EXHIBIT A
PROPOSED ALLOCATIONS
FY 1994 CDBG FUNDS
(STAFF)
ACTIVITIES ALLOCATIONS
Rehab Loans
$ 500,000
Housing Projects Delivery
230,000
Code Enforcement
50,000
Public Services (NWHCC)
550,000
Construction Projects Admin.
35,000
Save -A -Home Program
85,000
Section 108 Loan Service
300,000
Handicapped Ramps Program
20,000
Sewer Service Grants
30,000
General Administration
285,000
First -Time Homebuyer Assistance
121,000
Economic Development
50,000
Public Facilities Improvements
575,000
- Drainage diversion, Johnson at 3rd ($72,000)
- Maryland, Booker to Brown and
Brown, Maryland to 8th ($265,000)
- W. 18th, Abigail to Peyton ($40,000)
- W. 17th, Lewis to Washington ($132,000)
- Boulevard, W. 22nd to Blakemore Ditch ($66,000)
TOTALS
$2,831,000
RESOURCES
Entitlement Grant $2,631,000
Program Income 200.000
$2,831,000