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HomeMy WebLinkAbout068 - 06/21/2022 - MAKING SUPPLEMENTAL APPROPRIATIONS IN THE COMMUNITY DEVELOPMENT BLOCK GRANT FUND (CDBG)ORDINANCE NO. 068, 2022 OF THE COUNCIL OF THE CITY OF FORT COLLINS MAKING SUPPLEMENTAL APPROPRIATIONS IN THE COMMUNITY DEVELOPMENT BLOCK GRANT FUND WHEREAS, the City estimates it will receive in federal fiscal year 2022-2023 unanticipated revenue in the form of federal Community Development Block Grant ("CDBG") funds from Housing and Urban Development (HUD) totaling $1,120,412; and WHEREAS, the City has also received unanticipated CDBG Program income in the amount of $79,461; and WHEREAS, this appropriation benefits the public health, safety and welfare of the residents of Fort Collins and serves the public purpose of providing affordable housing and human services for City residents; and WHEREAS, Article V, Section 9 of the City Charter permits the City Council, upon recommendation of the City Manager, to make a supplemental appropriation by ordinance at any time during the fiscal year, provided that the total amount of such supplemental appropriation, in combination with all previous appropriations for that fiscal year, do not exceed the current estimate of actual and anticipated revenues and all other funds to be received during the fiscal year; and WHEREAS, the Interim City Manager has recommended the appropriation described herein and determined that this appropriation is available and previously unappropriated from the Community Development Block Grant Fund and will not cause the total amount appropriated in the Community Development Block Grant Fund to exceed the current estimate of actual and anticipated revenues and all other funds to be received in this Fund during this fiscal year; and WHEREAS, Article V, Section I 1 of the City Charter authorizes the City Council to designate in the ordinance when appropriating funds for a federal grant, that such appropriation shall not lapse at the end of the fiscal year in which the appropriation is made, but continue until the earlier of the expiration of the federal grant or the City's expenditure of all funds received from such grant; and WHEREAS, the City Council wishes to designate the appropriation herein for the Community Development Block Grant Entitlement Program as an appropriation that shall not lapse until the earlier of the expiration of the grant or the City's expenditure of all funds received from such grant; and WHEREAS, City Council has considered on the same date as second reading of this ordinance a resolution approving the allocation of these funds. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS as follows: Section 1. That the City Council hereby makes and adopts the determinations and findings contained in the recitals set forth above. -1- Section 2. That there is hereby appropriated from new revenue or other funds from HUD in the Community Development Block Grant Fund, the sum of ONE MILLION ONE HUNDRED TWENTY THOUSAND FOUR HUNDRED TWELVE DOLLARS ($1,120,412), to be expended in the Community Development Block Grant Fund upon receipt thereof for federal fiscal year 2022-2023 Community Development Block Grant projects. Section 3. That there is hereby appropriated from new revenue or other funds from program income in the Community Development Block Grant Fund, the sum of SEVENTY-NINE THOUSAND FOUR HUNDRED SIXTY-ONE DOLLARS ($79,461), to be expended in the Community Development Block Grant Fund for approved Community Development Block Grant projects. Section 4. That the appropriation herein for the Community Development Block Grant Entitlement Program is hereby designated, as authorized in Article V, Section 11 of the City Charter, as an appropriation that shall not lapse at the end of this fiscal year but continue until the earlier of the expiration of the grant or the City's expenditure of all funds received from such grant. Introduced, considered favorably on first reading, and ordered published this 7th day of June, A.D. 2022, and to be presented for final passage on the 21 st day of June, A.D.A22. s �o `�4 ATTEST:Ar City Clerk Passed and adopted on final reading on the 21 st day rC T•��- Gam: "•; ti ATT ' City Clerk I.Z7AjiTOI -2-