HomeMy WebLinkAbout10515RESOLUTION NO. 10515
A RESOLUTION TRANSFERING AND REPROGRAMMING UNENCUMBERED FEDERAL
COMMUNITY DEVELOPMENT BLOCK GRANT (CDBG) FUNDS FROM PRIOR YEAR
PROJECTS TO CD0511 — BEULAH AVE SIDEWALKS II
WHEREAS, the City of Pueblo is designated as an entitlement city under the Housing and
Community Development Act of 1974, and has received in prior years Community Development
Block Grant funds; and
WHEREAS, the City of Pueblo annually reviews all CDBG projects for completion and
unencumbered funds and conducts public hearings to obtain the views of citizens, non - profit and
neighborhood groups on the City's housing and community needs. NOW, THEREFORE,
BE IT RESOLVED BY THE CITY COUNCIL OF PUEBLO, that:
SECTION 1.
The City held a public hearing on September 23, 2005 to receive comments on the
reprogramming of funds from CD00241 ($1248.40), CD0329 ($5.17), CD0333 ($11488.90),
CD0334 ($2,635.94), CD0337 ($372.32), and CD0343 ($6,009.00)
The funds are to be transferred to a previously approved project in process — CD0511 — Beulah Ave
Sidewalks II. No comments were received.
SECTION 2.
The City hereby transfers and reprograms $21,759.73 in unencumbered Community
Development Block Grant funds for sidewalk improvements.
INTRODUCED September 26, 2005
.. T - C W
IL
A, V
BY Michael Occhiato
Councilperson
Background Paper for Proposed
RESOLUTION
AGENDA ITEM # 3
9 -26 -05
DATE: September 26, 2005
DEPARTMENT: HOUSING AND CITIZEN SERVICES / ADA RIVERA CLARK
TITLE
A RESOLUTION TRANSFERING AND REPROGRAMMING UNENCUMBERED
FEDERAL COMMUNITY DEVELOPMENT BLOCK GRANT (CDBG) FUNDS
FROM PRIOR YEAR PROJECTS TO CD0511- BEULAH AVE SIDEWALKS II
ISSUE
The approval of a resolution allowing for the transfer of unencumbered CDBG
funds for the the completion of the Beulah Ave sidewalks project.
RECOMMENDATION
Approval of the Resolution
BACKGROUND
The Department has closed out several CDBG projects that have been
completed. The resulting unencumbered amount is $21,759.73. It is the
recommendation of staff that the funds be transferred and reprogrammed for the
completion of the Beulah Ave. sidewalks.
The Department of Housing and Citizen Services held a public hearing on
September 23, 2005 to receive comments on the proposed changes. No
comments were received.
FINANCIAL IMPACT
The amount of excess CDBG funds to be reprogrammed is $21,759.73. The
funds are to be transferred to CDBG project CD0511. The new project balance
for this activity is $71,759.73. The funds are available from unencumbered
balances in fund 250 - 9540 - 600- 80 -50, in project CD0241 ($1248.40), CD0329
($5.17), CD0333 ($11488.90), CD0334 ($2,635.94), CD0337 ($372.32), and
CD0343 ($6,009.00)