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HomeMy WebLinkAboutCity Council Resolution 2003-019CITY OF PLYMOUTH RESOLUTION 2003-019 AMENDING THE PREVIOUSLY ADOPTED RESOLUTION 2002-120 AUTHORIZING THE APPLICATION FOR AND ALLOCATION OF FISCAL YEAR 2002 COMMUNITY DEVELOPMENT BLOCK GRANT FUNDS WHEREAS, on March 12, 2002 the City Council adopted Resolution 2002-120 authorizing the application for and allocation of fiscal year 2002 Community Development Block Grant funds; and WHEREAS, the First Time Homebuyer and Housing Rehabilitation Programs have generated more program income than expected; and WHEREAS, the program income generated from the First Time Homebuyer and Housing Rehabilitation Programs could be spent in a more timely manner if the program income could be used to cover expenses generated in any existing CDBG program or activity; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PLYMOUTH, MINNESOTA, 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 January 7, 2003.