HomeMy WebLinkAboutResolution 2008-0003
CITY OF WHEAT RIDGE, COLORADO
RESOLUTION NO. 03
Series of 2008
TITLE: A RESOLUTION ESTABLISHING A CITY COUNCIL POLICY FOR THE
USE OF THE CITY'S mRISDICTIONAL ALLOCATION OF FEDERAL
COMMMUNITY DEVELOPMENT BLOCK GRANT FUNDS
WHEREAS, the City currently receives annual allocations of Federal funding
from the Department of Housing and Urban Development through the Community
Development Block Grant (CDBG) Program, and
WHEREAS, the Department of Housing and Urban Development (HUD) has
established certain parameters within which local jurisdictions are allowed to expend
such funds, which generally relate to three areas: 1) provision oflow and moderate
income housing, 2) elimination of slum and blight, and 3) emergency needs, and
WHEREAS, the City is permitted to establish additional local priorities for the
use of CDBG funds, so long as they remain within the general areas identified by HUD
for this program, and
WHEREAS, in 2005, the City of Wheat Ridge commissioned and completed a
Neighborhood Revitalization Strategy (NRS) to identify strategies for revitalizing
distressed areas ofthe community, and
WHEREAS, the goals and strategies of the NRS generally align with the goals
and priorities for the use of CDBG funds, and
WHEREAS, the City Council finds it is aj-'j-'wj-',;ate to allocate its jurisdictional
CDBG funds toward implementation of the strategies and recommendations from the
NRS.
NOW, THEREFORE, BE IT RESOLVED by the Wheat Ridge City Council, that:
Section 1. The following policy statement shall be used to guide the City's future
use of the City's jurisdictional allocation of Community Development Block Grant funds:
"The City shall use CDBG funds to support implementation of the City of Wheat Ridge
Neighborhood Revitalization Strategy. This includes 1) revitalization and infrastructure
improvements to distressed commercial corridors and low to moderate income
neighborhoods to eliminate slum and blight, 2) improvements to residential housing
through the rehabilitation of existing rental and owner occupied housing, 3) initiatives to
increase home ownership, and 4) economic and community development and
redevelopment opportunities and programs."
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Section 2. This resolution shall be effective upon adoption.
DONE AND RESOLVED this 14th day of January, 2008.
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Jen;: Dit JHb, Major
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Michael Snow, City Clerk
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