HomeMy WebLinkAbout3342 Resolution RESOLUTION NO.
A RESOLUTION AMENDING THE 2010 FEDERAL HOME INVESTMENT
PARTNERSHIPS GRANT ANNUAL WORK PLAN ALLOCATION
WHEREAS, the Program Year 2010 Annual Work Plan Allocation for federal HOME
Investment Partnerships funded activities totaling an estimated $542,000 was approved by
Council on September 8, 2009; and
WHEREAS, the actual amount received from the annual entitlement and program
income for 2010 activities totaled $513,308 resulting in a funding deficit of$28,692, and
WHEREAS, community needs have changed necessitating modification to the Annual
Action Plan to reduce funded activities by $28,692, and reallocate $203,950 of underutilized
funds to other activities; NOW, THEREFORE,
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PASCO:
Section 1. 2010 HOME funds received by the City of Pasco shall be reprogrammed
to Community Housing Improvement Programs (CHIP) as revised below reducing the rental
rehabilitation program and increasing funding to acquisition, infill construction and down
payment assistance activities, with priority given to neighborhood improvement areas and low-
moderate income census tracts.
Resolution Revised
2010 Allocations 3187 Budget
HOME Administration $ 32,500 $ 29,692
First Time Homebuyer's Program $ 40,000 $ 82,308
Infill Acquisition Rehabilitation Program $ 171,700 $ 308,548
Rental Rehabilitation $ 297,800 $ 92,760
$ 542,000 $ 513,308
PASSED by the City Council of the City of Pasco this day of x!2011.
CITY OF PASCO:
Matt Watkins
Mayor
ATTEST: APPROVED AS TO FORM:
in
Debra L. Clark Leland B. Kerr
CMC City Clerk City Attorney