HomeMy WebLinkAbout1983-154-09/20/1983-APPROVING REPROGRAMMING OF $132,000 OF CDBG PROGRAM INCOME RECEIVED FROM LARIMER COUNTY FOR THE PURC RESOLUTION 83-154
OF THE COUNCIL OF THE CITY OF FORT COLLINS
APPROVING REPROGRAMMING OF $132,000 OF
CDBG PROGRAM INCOME RECEIVED FROM LARIMER
COUNTY FOR THE PURCHASE OF BLOCK 31
WHEREAS, the City of Fort Collins and Larimer County have entered into
an agreement to ,jointly purchase Block 31 for use as a parking lot, and
WHEREAS, the City of Fort Collins will receive One Hundred Seventy-
Five Thousand One Hundred Dollars (E175,100) from the County of Larimer for
their interest in the purchase of Lot 3 (the Strang Elevator site), and
WHEREAS, One Hundred Thirty-Two Thousand Dollars ($132,000) of the
said S175,100 is considered CDBG program income, and
WHEREAS, said One Hundred Thirty-Two Thousand Dollars (E132,000)
is available for reprogramming, and
WHEREAS, the COBG Steering Committee has reviewed the two applications
submitted and has voted unanimously to recommend that Council fund the
United Way/United Day Care Center proposal with the following conditions
1 that the money be expended within 12 months of this date or the
funds will be available for reprogramming into another CDBG
activity
2 that the Pine Street street and utility improvements be made a
part of the project costs
3 that as much as possible of the existing parkland should remain in
an open space nature
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF FORT
COLLINS that said One Hundred Thirty-Two Thousand Dollars (E132,000) of
CDBG funds will be used as seed money for a joint United Way/United Day
Care Center facility subject to the above conditions during the 1983-84
Program Year
Passed and adopted at a regular meeting of the Council of the City of
Fort Collins held this 20th day of Sep ber, 1983
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