Title
A RESOLUTION APPROVING THE SUBMISSION OF THE AMENDED FY 2013 COMMUNITY DEVELOPMENT BLOCK GRANT ACTION PLAN AND PROPOSED BUDGET TO THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
Body
WHEREAS, the City of Jonesboro Grants & Community Development Department will allocate FY 2013 Community Development Block Grant (CDBG) funds in such a manner that priority is given to activities that benefit low to moderate income families, eliminate slum and blight, and revitalize impoverished neighborhoods; and
WHEREAS, there is an estimated total of $918,093.17 for FY 2013 Community Development Block Grant (CDBG) funds for budgetary purposes; and
WHEREAS, the use of these monies are strictly monitored including the mandate that an annual action plan be submitted to the U.S. Department of Housing & Urban Development in accordance with Title 1 of the Cranston-Gonzalez National Affordable Housing Act of 1990; and
WHEREAS, the amended plan is currently posted on the city's website for the required 30 day comment period, and has been advertised in the local newspaper in accordance for submission to HUD.
NOW THEREFORE BE IT RESOLVED BY THE CITY COUNCIL FOR THE CITY OF JONESBORO, ARKANSAS THAT:
SECTION 1: The revised FY 2013 Community Development Block Grant (CDBG) program has been amended due to a number of FY 2012 Community Development Block Grant (CDBG) activities being closed to comply with HUD regulations.
SECTION 2: Remaining funds from the closed out FY 2012 activities are now included in the FY 2013 Community Development Block Grant (CDBG) Action Plan, which contributes to the following 3 amendments:
AMENDMENT 1: Activities closed out in FY 2012 Plan with remaining funds and added to FY 2013 plan:
· Demolition & Clearance - $50,000
· Homeownership Assistance - $15,000
· Miracle League Field - $135,381.17
AMENDMENT 2: Activities in the FY 2013 Plan with increased funding due to FY 2012 remaining funds:
· Parker Park Splash Pad - $15...
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