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HomeMy WebLinkAboutCity Council Resolution 2016-063 C ITY OF P LYMOUTH R ESOLUTION N O. 2016-063 R ESOLUTION R EALLOCATING U NSPENT CDBG F UNDS FROM P RIOR Y EAR G RANTS WHEREAS, the City of Plymouth received Fiscal Year 2014 Community Development Block Grant (CDBG) funding, of which $13,000 was allocated to CAPSH; and WHEREAS, the $13,000 allocation to CAPSH was not fully expended prior to the end of the contract period; and WHEREAS, the City of Plymouth received Fiscal Year 2015 Community Development Block Grant (CDBG) funding, of which $7,000 was allocated to CAPSH; and WHEREAS, the 2015 CAPSH allocation was not contracted due to the availability of unexpended prior-year CDBG funds; and WHEREAS, on February 25, 2016, the Plymouth Housing and Redevelopment Authority held a duly constituted public hearing to allow interested parties to express their opinion; and WHEREAS, the Plymouth Housing and Redevelopment Authority of the City of Plymouth has determined the following to be an appropriate use of the unspent CDBG 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 $9,000.00 in CDBG funds from the 2014 and 2015 CAPSH activities into the 2016 Housing Rehabilitation and Fair Housing activities, as outlined below: Original Allocation Proposed Allocation 2014 CAPSH $13,000 $11,000 2015 CAPSH $7,000 $0.00 2016 Housing Rehabilitation n/a $5,000 2016 Fair Housing n/a $4,000 Subtotal $20,000 $20,000 APPROVED by the City Council on this 8th day of March, 2016.