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HomeMy WebLinkAboutCC RESO 94-87RESOLUTION NO. 9 4 - 8 7 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NATIONAL CITY AUTHORIZING AND APPROVING A REALLOCATION OF CDBG FUNDS WHEREAS, the City of National City administers the allocation of CDBG funding for the Federal Government under the U.S. Department of Housing and Urban Development (HUD); and WHEREAS, the City wishes to reallocate program funds that have been uncommitted and unspent; and WHEREAS, the City Council of the City of National City held a public hearing on the reallocation of said funds on this date June 21, 1994; and WHEREAS, the City has agreed to reallocate certain funds as shown on Exhibit "A" attached. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of National City that the CDBG funds as shown on the attached Exhibit "A" are approved and the Mayor is hereby authorized, on behalf of the City Council, to submit a revised final statement to the U.S. Department of Housing and Urban Development reflecting said amendment. PASSED and ADOPTED this 21st day of June, 1994. George H. Waters, Mayor ATTEST: Lo ' Anne Peoples, CityClerk APPROVED AS TO FORM: L.31t George H. Eiser, III City Attorney EXHIBIT "A" REALLOCATION OF COMMUNITY DEVELOPMENT BLOCK GRANT (CDBG) FUNDS JUNE 21, 1994 Reallocation of the following funds: PROJECT YEAR AMOUNT Acq. 7th & Roosevelt 1993-94 $ 115,000 USIAA, Building Fund 1990-91 15,000 USIAA, Building Fund 1993-94 30,000 Kimball Park Zoo 1990-91 39,000 TOTALS $ 199,000 New Reallocated Projects: Acq. 835 W. 24th St. EX -a 1990-91 1993-94 $ 54,000 145,000 TOTALS $ 199,000 EXHIBIT "A"