Title
A RESOLUTION APPROVING THE SUBMISSION OF THE REVISED 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 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 $682,206.70 for FY 2013 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 revised plan has been posted on the city's website for the required 30 day comment period and is now ready 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 totaling $682,206.70 for budgeting purposes is approved by reference to the attached project/activity budget table (within the FY 2013 Action Plan); and
SECTION 2: The Director of the Grants and Community Development Department is authorized to prepare and submit the FY 2013 Action Plan to HUD for review and approval.
PASSED AND APPROVED this 7th day of May, 2013.