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RESOLUTION AUTHORIZING THE CITY OF JONESBORO GRANTS AND COMMUNITY DEVELOPMENT TO SUBMIT THE FY 2016 CDBG ACTION PLAN TO THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD)
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WHEREAS, the city of Jonesboro Grants and Community Development Department will allocate the FY 2016 Community Development Block Grant (CDBG) funds in such manner that priority is given to activities that support the National Objectives by provided benefits low to moderate income individuals, eliminate slum and blighted areas, and revitalize impoverished neighborhoods within the city limits; and
WHEREAS, the total funds allocated to the City is $588,535 for budgetary purposes for the FY 2016 CDBG Action Plan; and
WHEREAS, the use of stated funds are strictly monitored, which includes the mandate that an annual action plan must be submitted to the U.S. Department of Housing and Urban Development (HUD) in accordance with Title I of the Cranston-Gonzalez National Affordable Housing Act of 1990.
NOW THEREFORE BE IT RESOLVED BY THE CITY COUNCIL FOR THE CITY OF JONESBORO, ARKANSAS THAT:
SECTION 1: The FY 2016 Community Development Block Grant (CDBG) Program totaling $588,535 for budgeting purposes is approved by reference to the attached project/activity budget table included in the Action Plan; and
SECTION 2: All assurances and certifications are included and require Mayor Harold Perrin to affirm that the FY 2016 CDBG Action Plan will be in compliance in accordance to all Federal, State, and Local laws and regulations; and
SECTION 3: The Grants and Community Development Department is authorized to submit the FY 2016 Action Plan to HUD for review and approval for the pending release of said funding.
PASSED AND APPROVED this 19th day of April, 2016.