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HomeMy WebLinkAboutHousing & Redevelopment Authority Resolution 94-09HRA RESOLUTION 94.09 RECOMMENDING RB -ALLOCATION OF FISCAL YEAR 1994 C0MMUNITY DEVEfAFMBNT BLOCK GRANT FUNDS AND FUNDS CARRIED OVER FROM PREVIOUS YEARS WHEREAS, the City of Plymouth has found it necessary to revise previous resolutions on funding allocations for its Community Development Block Grant Programs from previous years as some program activities are no longer active or were not needed; and, WIEBAS, it is deemed appropriate to incorporate all current and proposed City Program Activities by funding amount into one resolution; and, VIEMREAS, on May 26, 1994, the Plymouth Housing and Redevelopment Authority held a Public Hearing to discuss ways to expend funds more promptly and in accordance with federal guidelines; NOW, THEREFORE, BE IT HAY RESOLVED BY THE HOUSING AND REDEVELOPMENT AUTHORITY OF THE CITY OF PLYMOUTH, MINNESOTA, that the Housing Authority recommends the Plymouth City Council reallocate the Fiscal Year 1994 Community Development Block Grant funds as follows: FURTHER, be ' . resolved that carryover funds be reallocated by: 1. Revising City Council Resolution 591-723 to transfer $62,000 from the South Shore Park Program activity to the Community Builders Program ($31,000) and the Hammer Residences Program ($31,000). AL 1994 IRINDING ALLOC47TONS Acdvft Admhdsbatlon Proyinii Total 1. Rehabilitation Private Dwellings 3,000 42,000 45 000 2. Chill Can Assistance 1.000 2-9-,0-0-0 30 000 3. Scatered Site H 0 3,000 52.000 55,000 4. Plymouth Park & Recreation 500 9,500 10,000 S. Community Action Suburban Hennepin 500 9,500 10,000 6. Hennepin Technical Colleite 1,000 61 000 62,000 7. Plymouth Park & Rec. Access. Imp. 500 49.5W 50.000 S. Administration of Overall CDBG Prozrams 25.000 n/a 25,000 9. Community Builders 0 10,000 10 000 TOTAL $ 34 500 262,500 297J000 FURTHER, be ' . resolved that carryover funds be reallocated by: 1. Revising City Council Resolution 591-723 to transfer $62,000 from the South Shore Park Program activity to the Community Builders Program ($31,000) and the Hammer Residences Program ($31,000). AL 2. Revising City Council Resolution d92-715 to transfer $20,000 from the Senior Services Planning Program activity to a Contingency Fund from which other existing Programs can be funded. These reallocations result in the following fund balances for all CDBG funds: Adopted by the Plymouth Housing and Redevelopment Authority on May 26, 1994. sr/ms:cccdbgOS) 6--1 0 ALLOCATED CDBG FUND BMANCB (ALL YEARS) Adtvity Name Administration Program Fund Balance 1. Rehabilitation of Private Dwellings 8,644 105,000 113.644 2. 1 Child Can Assistance 1.245 30 000 31,245 3. Scattered Site Homeow 7 490 132 000 159 490 4. Plymouth Park 8t Recreation 500 5,000 5,5W 5. Community Axion Suburban Hennepin 447 9,5W 9.947 6. Hennepin Technical Cofleze 845 61,000 61,845 7. Plymouth Park dt Rec. 500 57 SW 58 000 S. Senior Services Phuming 0 0 0 9. South Shore Park 0 70,000 70 000 10. Early Childhood Education 1 864 0 1864 11. The Community Home Pmgrm 222 2,000 2,222 12. Administration 35,285 da 35,285 13. Other Planning 0 487 487 14. Community Builders 1.000 40.000 41,000 15. Hammer Residences 1 000 30.000 31 000 16. Condazency Fund 500 19,5W 20,000 Total S9 91,987 641 529 Adopted by the Plymouth Housing and Redevelopment Authority on May 26, 1994. sr/ms:cccdbgOS) 6--1 0