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HomeMy WebLinkAboutHousing & Redevelopment Authority Resolution 94-823CITY OF PLYMOUTH RESOLUTION 94- 823 AUTHORIZING THE -AMENDMENT AND REALLOCATION OF FISCAL YEAR 1994CObMM'TY DBVBIAP RENT BLACK GRANT (CDBG) BUDGET, FUND 232 WHBRBAS, the CDBG eligible expenses for the South Shore Park project have been determined tobe $17,853.78 in excess of the amount currently specified in the CDBG budgets; and, WHEREAS, additional CDBG eligible expenses of $7,100 for accessibility projects at PlymouthCreekandParker's lake )Larks have been identified by the City's Park and Recreation Department; and, WHEREAS, unexpended funding authority is available within the HRA's CDBG Budget, Fund232, for reallocation 1,3 theā€¢afonememioned projects; and, WHEREAS, the total amount to be reallocated, $24,953.78, does not constitute a significant change in the CDBG Budget and therefore does not require a public hearing prior to approval; and, WHMUM, the HRA in and for the City of Plymouth, at its November 16, 1994 board meeting, atter review of staff recommendations did determine the aforementioned expenditures to be an appropriate use of CDBG funds in accordance with federal guidelines and recommended that the Plymouth City Council amend the Piwal Year 1994 CDBG Budget to reflect those changes; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PLYMOUTH, MINNESOTA, that the Fiscal Year 1994 CDBG Budget, Fund 232, be amended to reflect the reallocation of program expenditures, including $82,000 from prior year CDBG funding, as follows: First Time Homebuyers 116,000.00 Rehab Private Dwellings 45,000.00 Child Cane Assistance 30,000.00 C.A.S.H. 10,000.00 Plym. Park & Recreation 10,000.00 Plym. Park Accessibility 60,000.00 South Shone Park 257.47HennepinTechnical1,000.00 Community Builders 41,000.00 Hammer Residences 31,000.00 Other Planning 0.00ContingencyFund10,000.00 Administration 25,000.00 Net Totals 379,000.00 116,000.00 13,724.25) 31,275.75 30,000.00 10,000.00 10,000.00 7,100.00 67,100.00 17,853.78 17,853.78 742.53) 257.47 41,000.00 31,000.00 487.00) 487.00) 10,000.00) 0.00 25,000.00 0.00 379,000.00 Adopted by the Plymouth City Council on December 19, 1994. STATE OF MINNESOTA) COUNTY OF HENNEPIN) SS: The undersigned, being the duly qualified and appointed City Cleric of the City of Plymouth, Minnesota, certifies that I compgred the foregoing resolution adopted at a meeting of the Plymouth City Council on AGt',/V&r . , 1994, with the original thereof on file in my office, and the same is a correct transcription thereof. WITNESS my ILand officially as such City Clerk and the Corporate seal of the City this Z L day of , 1994.