HomeMy WebLinkAboutCity Council Resolution 2014-076CITY OF PLYMOUTH
RESOLUTION No. 2014-076
REALLOCATION OF UNSPENT CDBG FUNDS FROM
CLOSED PUBLIC SERVICE ACCOUNTS INTO THE 2014 PRISM ACCOUNT
WI-1EREAS, the City of Plymouth received Fiscal Year 2011 Community
Development Block Grant (CDBG) funding, of which $855.00 was allocated to the Spare
Key; and
WIffiREAS, the $855.00 allocation to Spare Key was not spent prior to the end of the
contract period; and
WIffiREAS, the City of Plymouth received Fiscal Year 2012 Community
Development Block Grant (CDBG) funding, of which $5,000 was allocated to YMCA; and
WIffiREAS, the 2012 YMCA contract was cancelled due to a lack of Plymouth youth
being served, leaving an unspent balance of $4,000; and
WIffiREAS, the City of Plymouth received Fiscal Year 2013 Community
Development Block Grant (CDBG) funding, of which $2,300 was allocated to PRISM for
operation of the PRISM Express service; and
WIffiREAS, the PRISM Express service was cancelled due to a lack of funding,
leaving an unspent balance of $2,014.52; and
WIffiREAS, on February 27, 2014, the Plymouth Housing and Redevelopment
Authority held a duly constituted public hearing to allow interested parties to express their
opinion on the reallocation of funds; and
WIffiREAS, there were no comments or testimony received from the public
regarding the reallocation of funds; and
WIffiREAS, the Housing and Redevelopment Authority of the City of Plymouth has
determined the following to be an appropriate use of Community Development Block Grant
funds in accordance with federal guidelines and the City's HUD approved Consolidated Plan.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF PLYMOUTH, MINNESOTA, that it hereby authorizes the reallocation of
$6,869.52 in CDBG fiinds from the 2011 Spare Kev. 2012 YMCA. and 2013 PRISM
accounts into the 2014 PRISM account, as follows
BE IT FURTHER RESOLVED, that CDBG program income may be used to cover
expenses generated in any existing CDBG program or activity and not just expenses related
to the activity -generating the income.
ADOPTED by the Plymouth City Council on March 11, 2014.
Remaining
Proposed
Allocation
Allocation
2011 Spare Key Account
$855.00
$0.00
2012 YMCA Account
$4,000.00
$0.00
2013 PRISM Account
$2,014.52
$0.00
2014 PRISM Account
NA
$6,869.52
BE IT FURTHER RESOLVED, that CDBG program income may be used to cover
expenses generated in any existing CDBG program or activity and not just expenses related
to the activity -generating the income.
ADOPTED by the Plymouth City Council on March 11, 2014.