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HomeMy WebLinkAbout86-298 - Resolutions RESOLUTICW NO. 86-298 A RgSOLUTZ01q OF TEa CITY COUNCIL OF TBg CITY OF RAIICHO CUCAMCIIGA, CALIFOIBIA, RKPROGRAMMilIG FUHDS PRO!( THE 1982- 83 COMMUMITY DEVELOPMenT BLOCI GRA~T AIqD PROGRAMMING ADDXTIGqAL 1986-87 COM!e!IITY D~VELOPNEIeT BLOCI GRA!IT FUHDS WHEREAS, the United States Department of Housing and Urban Development informed the City of Rancho Cucamonga that it would receive an additional $69,000 in 1986-87 Community Development Block Grant; and WHEREAS, the City Council has previously programmed $6,000 of the additional funds, leaving $630000 to be allocated to eligible projects; and WHEngAS, the City Council allocated $87,000 in 1982~83 Community Development Block Grant funds to Housing Rehabilitation Loans and Grants, but in this first program year spent only $19,600; and WHaRFAS, $67,~00 from the 1982-83 program year are available for reprogramming to another project; and WBRRFA8, the three projects proposed for funding meet the eligibiliL-y requirements set by federal regulations for the Community Development Block Grant; and WHERFAB, an environmental review has been completed' for each project in compliance with federal regulations and no adverse impacts have been identified; and WBER~A8, n duly-noticed public bearing has been held to receive public input on the proposals. HOe, THSR~Omx, Bg IT R~SCtV~D, that: The City of Rancho Cucamonga does hereby program $63,000 in additional 1986-87 funds and reprogram $~,000 in 1982-83 funds originally allocated to Housing Rehabilitation and for the following projects: 1. Hortb Town Streets - Phase IV $ 17,000 2. Horth Town Streets - Feron Blvd. Improvements $ ~O,000 3. Housing Rehabilitation Loans and Grants $ ~O .OOQ TOTAL $107,000 PASSe), APPROVED, and ADOPTED this 15tb day of October, 1986. AYES: t4ikels, BuqueC, ling, Dahl, Wright HOES: Hone ABSmT: Hone ATTEST: /f~~g ' Beverly ~ Antheine, City Clerk Resolu~:i. on No. 86-298 Pa~e 2 I, BEVERLY a. AUTRKLET, CITY CLENK of the City of Rancho Cucamonga, California, do hereby certify that the forqoing Resolution was duly passed, approved, and adopted by the Cit~y Council of the CitT of Rancho Cucason2a, California, at a rqular meeting of said City Council held on ~be 15Cb day of October, 1986. Executed this 16 ~b day of October, 1 986 a~ Rancho Cucamonga, Cal iforni a. Beverly A~,/Authelet, City Clerk