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HomeMy WebLinkAbout3344 Resolution RESOLUTION NO. A RESOLUTION AMENDING THE 2011 FEDERAL CDBG ANNUAL WORK PLAN AND ALLOCATIONS. WHEREAS, Resolution No. 3262 approving the Program Year 2011 Annual Work Plan for federally-funded Community Development Block Grant (CDBG) activities totaling $777,840 was passed Council on October 4, 2010; and WHEREAS, CDBG entitlement award for 2011 CDBG activities was $562,982, and program income estimated at $150,000 was not received from a revolving loan fund activity which resulted in a budget shortfall of$122,840; and WHEREAS, planning and administration activities funded now exceed maximum allowable which is 20% of the annual entitlement plus program income; and WHEREAS, community needs have changed since the approval of the CDBG budget creating the need for revised block grant budgets and modification to the Annual Action Plan, NOW,THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PASCO: Section 1. 2011 CDBG funds received by the City of Pasco shall be reprogrammed, reducing and reallocating funds to activities shown below: Increase/ Revised Activity (Decrease) Budget CDBG Program Administration (8,000.00) $ 112,000.00 Northwest Soccer Complex $ (131,300.00) $ - Kurtzman Park Neighborhood Improvements-Phase III $ 6,460.00 $ 340,000.00 ILID #146 Special Assessments 1 $ 10,000.00 $ 10,000.00 PASSED by the City Council of the City of Pasco this day of Vf_t- 'c./ 2011. CITY OF PASCO: Matt Watkins Mayor ATTEST: APPROVED AS TO FORM: L De ra L. Clark eland B. Kerr CMC City Clerk City Attorney