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HomeMy WebLinkAbout108130 1 2 0 RESOLUTION NO. 10,813 —A 3 A RESOLUTION TO ADOPT THE FISCAL YEAR 2000 4 ANNUAL HUD CONSOLIDATED PLAN BUDGET; s TO ADOPT THE FISCAL YEAR 2001 ANNUAL HUD 6 CONSOLIDATED PLAN BUDGET; TO DESIGNATE 7 VARIOUS PROJECTS FOR THE ALLOCATION OF s FUNDS; AND FOR OTHER PURPOSES. 9 10 WHEREAS, the City participates in Community Development Block Grant 1t ( "CDBG ") programs, and also receives HOME monies and Emergency Shelter Grant 12 ( "ESG ") monies, and agrees to follow the guidelines for the designation of projects and 13 the allocation of funds set forth by the U.S. Department of Housing & Urban 14 Development ( "HUD "), and 15 WHEREAS, after conducting at least 31 neighborhood education and 16 information meetings throughout the City during the months of March and April, 2000, 17 in order to provide citizens with an opportunity to comment on existing activities and, 18 to recommend priorities for the use of the City's anticipated receipt of HUD CDBG, 19 HOME and ESG resources, a proposed budget is now available, and 20 WHEREAS, it has been recommended by HUD that the City adopt consolidated 21 plan budgets for Fiscal Year 2000 ( "FY 2000 ") and Fiscal Year 2001 ( "FY 2001 ") in 22 order to assure the City programs and its budget year are synchronized, and 23 WHEREAS, the Board of Directors of the City of Little Rock, Arkansas, on May 24 2, 2000, after proper advertisement and notice, conducted a public hearing on the 25 proposed budgets, 26 NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF 27 DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS: • • 1 Section 1. The Annual HUD Consolidated Plan Budget for FY 2000, and the 2 Annual HUD Consolidated Plan Budget for FY 2001, attached to this resolution as 3 Exhibit A, are hereby adopted. 4 Section 2. The City Manager is authorized to make any necessary applications, s and to instigate any necessary contracts, to accomplish the projects approved as a result e of this resolution. 7 Section 3. (A) The budget amounts adopted, which are set forth in more s detail on Exhibit A, include the following for FY 2000: 9 (I) Three million four hundred and twenty five thousand eight hundred 10 and forty six dollars ($3,425,846) for designated CDBG projects; 11 (II) Nine hundred and ninety-five thousand dollars ($995,000) for 12 designated HOME projects; 13 (III) Ninety-one thousand eight hundred and seven dollars ($91,807) for 14 ESG projects; 15 (B) The budget amounts adopted, which are set forth in more 16 detail on Exhibit A, include the following for FY 2001: 17 (I) Two million two hundred twenty-six thousand dollars ($2,226,000) 18 for designated CDBG projects; 19 (II) Nine hundred and eighty-five thousand dollars ($985,000.00) for 20 designated HOME projects; 21 (III) Seventy-nine thousand dollars ($79,000) for designated ESG 22 projects. 23 (C) The funds set forth above, and included in more detail on 24 Exhibit A, represent federal entitlement funds which will become available to the City 25 upon the completion of the HUD application and contract process. 2e Section 2. Severability. In the event any title, section, subsection, 27 subdivision, paragraph, subparagraph, item, sentence, clause, phrase, or word of this 28 resolution is declared or adjudged to be invalid or unconstitutional, such declaration or sM 0 0 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 3. Repealer. All laws, ordinances, resolutions, or parts of the same, that are inconsistent with the provisions of this resolution are hereby repealed to the extent of such inconsistency. ADOPTED: May 2, 2000 ATTEST: APPROVED: Nancy Wood City Clerk APPROVED AS TO LEGAL FORM: Thomas M. 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