HomeMy WebLinkAbout10518RESOLUTION NO. 10518
A RESOLUTION TRANSFERING AND REPROGRAMMING UNENCUMBERED FEDERAL
COMMUNITY DEVELOPMENT BLOCK GRANT (CDBG) FUNDS FROM PRIOR YEAR
PROJECTS TO CD0514 —ADA RAMPS CITYWIDE
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 1, 2005 to receive comments on the
reprogramming of funds from CD0305- Administration Housing & Citizen Services, CD0401 —
Administrative Charges, CD0501- Administrative Charges. The funds are to be transferred to a
previously approved project in process — CD0514 —ADA Ramps City wide. The recorded
comments are in Attachment I.
SECTION 2.
The City hereby transfers and reprograms $165,178.28 in unencumbered Community
Development Block Grant funds for citywide curb ramps.
INTRODUCED September 26, 2005
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BY Michael Occhiato
Councilperson
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Background Paper for Proposed
RESOLUTION
AGENDA ITEM # (p
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 CD0514 — ADA RAMPS CITYWIDE
ISSUE
The approval of a resolution allowing for the transfer of unencumbered CDBG
funds for ADA ramps citywide.
RECOMMENDATION
Approval of the Resolution
BACKGROUND
The Department has closed out several CDBG projects that have been
completed. The resulting unencumbered amount is $165,178.28. It is the
recommendation of staff that the funds be transferred and reprogrammed for
ADA ramps citywide. This continues the effort by the City to meet its
expenditure ratio, by reprogramming available funds to projects that are in
process.
The Department of Housing and Citizen Services held a public hearing on
September 1, 2005, to receive comments on this proposed change. There were
no comments received on that day, however comments were received on August
29 2005, at another public hearing. These comments are reflected in
Attachment 1.
FINANCIAL IMPACT
The amount of excess CDBG funds to be reprogrammed is $165,178.28. The
funds are to be transferred to CDBG project CD0514. The new project balance
for this activity is $565,178.28. The funds are available from unencumbered
balances in fund 250 - 9540 - 600- 80 -50, in project CD0305 ($56,065.90),
CD0401($68,220.85) and CD0501 ($40,891.53).