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HomeMy WebLinkAboutHousing & Redevelopment Authority Resolution 94-240CITY OF PLYMOUTH RESOLUTION 94 -240 RECOMIdENDING RB-ALLOCA710N OF FISCAL YEAR 1994 C0h64UNITY DBVBL0Pb91NT BLOCK GRANT FUNDS WHEREAS, the City of Plymouth for Fiscal Year 1994 has been informed by the Department of Housing and Urban Devdopment (HUD) that it expend its Community Development Block Grant funds in a more timely fashion; and, WHEREAS, on March 17, 1994, the Plymouth Housing and Authority held a regular meeting to discuss ways to expend funds more promptly and in accordance with federal guidelines; NOW, EFORE, BE IT HEREBY RESOLVED BY THE HOUSING AND REDBVEMPUMNT AUTHORITY OF THE CITY OF PLYMOUTH, MINNESOTA, that the Housing Authority recommends the Plymouth City Council re -allocate the Fiscal Year 1994 Community Development Block Grant funds as follows: 1. Rehabilitation of Private Dwellings a. Administration of Activity $ 3,000 b. Grants/loans to homeowners S42-000 Subtotal $ 45,000 2. Child Care Assistance a. Administration of Activity $ 1,000 b. Child Care Assistance S29. Subtotal $ 30,000 3. Scattered Site Homeownership a. Administration of Activity $ 3,000 b. Grants/loan to First Time Homebuyers S62.000 Subtotal $ 65,000. 4. Plymouth Park & Recreation a. Administration of Activity $ 500 b. Capital Funding $ 4,500 C. One-on-one Assistance x000 Subtotal $ 10,000 5. Community Action Suburban Hennepin (CASH) a. Administration of Activity $ 500 b. Public Service $ 9.500 Subtotal $ 10,000 0 6. Hennepin Technical College (H1'C) a. Administration of Activity $ 1,000 b. Capital PWnft Subtotal S 61-000 62,000 7. Plymouth Palk and Recreation Aoess bWwvemeM 500 a. Administration of Activity $ $ b' Capital . 49.500 subtotal $ 50,000 S. Administration of Overall CDHG Program $ 25,000 Total $297,000 Adopted by do City Council on April 18, 1994. srlres.cdbg0201) 0 M