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A RESOLUTION AUTHORIZING THE CITY OF JONESBORO TO ENTER INTO AN AGREEMENT WITH THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD) FOR THE EXECUTION OF THE FY2018 CDBG ACTION PLAN
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WHEREAS, the City of Jonesboro has been granted its annual allocation for the FY2018 CDBG Action Plan for $622,310; and
WHEREAS, the CDBG funds are 100% federally funded and local match is not required; and
WHEREAS, these funds shall be used for infrastructure projects, public facility improvements, homeownership assistance, homeowners rehabilitation of housing, demolition and clearance, homelessness activities, public services (sub-recipients) and the program administration; and
WHEREAS, the FY2018 CDBG Action Plan was approved through RES-18:101 by the City Council on July 5, 2018.
NOW, THEREFORE LET IT BE RESOLVED BY THE CITY COUNCIL FOR THE JONESBORO ARKANSAS THAT
SECTION 1: The City of Jonesboro will enter into an agreement with the Department of Housing and Urban Development for the execution of the FY2018 CDBG Action Plan for the aforementioned community development activities.
SECTION 2: The Mayor and City Clerk are hereby authorized by the City Council for the City of Jonesboro to execute all documents necessary to effectuate this agreement.
PASSED AND APPROVED this 18th day of September, 2018.