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HomeMy WebLinkAboutHousing & Redevelopment Authority Resolution 94-301CITY OF PLYMOUTH RESOLUTION 94 301 RECON MUMING RE -ALLOCATION OF FISCAL YEAR 1994 COMMUNITY DEVELOPMENT BLOCK GRANT FUNDS AND FUNDS CARRIED OVER FROM PREVIOUS YEARS ' WHBRBAS, 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allocations for its Community Development Block Grant Programs from previous years as some program activities are no longer active or were not needed; and, WHEREAS, it is deemed appropriate to incorporate all current and proposed City Program Activities by funding amount into one resolution; and, WHEREAS, 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, THE1RBF0RE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF PLYMOLTI'H, M[NNBSOTA, to reallocate the Fiscal Year 1994 Community Development Block Grant funds as follows: FURTHER, be it resolved that carryover funds be reallocated by: 1. Revising City Council Resolution #91-723 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). A.—/ 1994 FEWDAIG AUOOiZZONS Aetlyft Administration Pream Total 1. Rehabilitation Private Dwellings 3,000 42.000 45,000 2. Child Care Assistance 1000 29 000 30,000 3. Scattered Site Homeownership 3,O00 52,000 55 ,000 4. Pl Doth Parc & Recreation 500 9,5W 10,000 5. Community Aaron Suburban Hennepin 500 9,5W 10,000 6. Hennevin Technical conege 1,000 61 000 62,000 7. Plymouth Park & Rec. Access. Imp. SOD 49,5W 50 .000 S. Administration of Overall CDBG Programs 25.000 n/a 25.000 9. Community Builders 0If 10,000 10.000 TOTAL 34.500 262,5W W,000 FURTHER, be it resolved that carryover funds be reallocated by: 1. Revising City Council Resolution #91-723 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). A.—/ 2. Revising City Council Resolution #92-715 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 City Council on June 6, 1994. sr/res:cccdbg05) u s ALLOCATED CDBG FUND BALANCE (ALL YEARS) Activity Name Administration Program FUnd Balance 1. Rehabilitation of Private Dweldin s 8,644 105.000 113.644 2. Child Care Assistance 1,245 30 000 31,245 3. Scattered Site Homeownership 7 490 152,000 159,490 4. Plymouth Park & Recreation 500 5 000 5 500 5. Community Action Suburban Hennepin 447 9.5w 9.947 6: Hendepin Technical College 845 61,000 61.845 7. Plymouth Park & Rec. Accessibility imp. 500 57,500 58,000 B. Senior Services Plannin 0 0 0 9. South shore Park 0 70,000 70,000 10. Bart Childhood Education 18" 0 1,864 11. The Community Home Pwaun 222 2,000 2,222 12. Administration 35,285 n/a 35,285 13. Other 0 487 487 14. Comm Builders 1,000 40.000 41,000 15. Hammer Residences 1 000 30 000 31 000 16. Fund 500 19 500 20 000 Total 59,542 581,987 641,529 Adopted by the City Council on June 6, 1994. sr/res:cccdbg05) u s