HomeMy WebLinkAboutHousing & Redevelopment Authority Resolution 92-05HRA RESOLUTION 92-05
RESOLUTION recommended to e City Council a Definition of Substantial Change
for use in the City's Community Development Block Grant Program
WHEREAS, the Plymouth Housing and Redevelopment Authority is ware of the need
to transfer funds from one Community Development Block Grant (CDBG) activity
to another based on demand, federal government rule changes, and/or other
factors: and,
WHEREAS, it is necessary that City staff be given guidelines as to what
constitutes a substantial change in a program activity and would require a
public hearing for such a change;
NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE HOUSING AND REDEVELOPMENT
AUTHORITY OF THE CITY OF PLYMOUTH, MINNESOTA, that the Housing Authority
recommends the Plymouth City Council adopt the following definition for use
the potential transfer of CDBG funds from one program activity to another: "A
substantial change is the addition or subtraction of more than $25,000.
Substantial change would also occur if a new program activity is added or an
approved program activity deleted."
Adopted by the Housing and Redevelopment Authority May 19, 1992.
res/hra/cdbg)
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