HomeMy WebLinkAbout1986-147-09/02/1986-1986 1987 CDBG PROGRAM ADDITIONAL PROJECTS COMMUNITY DEVELOPMENT BLOCK GRANT RESOLUTION 86-147
OF THE COUNCIL OF THE CITY OF FORT COLLINS
APPROVING ADDITIONAL PROJECTS FOR
THE 1986-87 COMMUNITY DEVELOPMENT BLOCK GRANT
PROGRAM FOR THE CITY OF FORT COLLINS
WHEREAS, the City of Fort Collins Community Development Block Grant
("CDBG") Program is an ongoing grant administration program funded by the
Department of Housing and Urban Development; and
WHEREAS, the City's CDBG Program has been granted an additional
$116,000 of Entitlement Grant funds for Fiscal Year 1986-87; and
WHEREAS, staff has prepared the following recommendation for
expenditure of these additional funds:
RECOMMENDATION
AMOUNT PROJECT
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$ 30,000 Westside Neighborhood Plan
Due to the recent completion of the Eastside Neighborhood
Plan and the soon to be started Central Business District
Plan, staff feels there is a strong need to do a neighborhood
plan for the residential neighborhood west of downtown
(including the Holy Family Neighborhood Strategy Area) . The
CDBG Policies Plan indicates that neighborhood plans should
be completed for all three CDBG Neighborhood Strategy Areas.
66,000 Downtown Housing Rehabilitation
With the recent redevelopment efforts in the downtown and the
concerns expressed to the City Council during the allocation
of CDBG funds in June, there obviously is a need to supply
low and moderate income housing in the downtown area,
particularly of emergency shelter and single room occupancy.
The CDBG Policies Plan indicates a high priority for housing
and housing rehabilitation projects.
20,000 Contingency Funds
Funds presently allocated for contingency in the FY 1986-87
CDBG Program are highly dependent on anticipated program
income. Staff feels additional funds are warranted for the
contingency line item.
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$116,000 Total
and presented this recommendation to the Community Development Block Grant
Citizens Steering Committee; and
WHEREAS, the Steering Committee approved the recommendation; and
WHEREAS, it is necessary that the City Council formally approve the
recommended expenditure for the additional CDBG Entitlement Grant Funds.
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF FORT
COLLINS that the City of Fort Collins' 1986-1987 Community Development
Block Grant application be amended to include the following:
ENTITLEMENT GRANT
AMOUNT PROJECT
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$ 30,000 Westside Neighborhood Plan
66,000 Downtown Housing Rehabilitation
20,000 Contingency Funds
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$116,000 Total
Passed and adopted at a regular meeting of the City Council held this
2nd day of September, A.D. 1986.
Mayor
ATTEST:
City Clerk