HomeMy WebLinkAboutResolution 2008-0028
CITY OF WHEAT RIDGE, COLORADO
RESOLUTION NO. 28-2008
TITLE:
A RESOLUTION AMENDING THE CITY COUNCIL'S
MOTION CONCERNING EXPENDITURE OF THE CITY'S
2007 AND 2008 JURISDICTIONAL FEDERAL
COMMMUNITY DEVELOPMENT BLOCK GRANT FUND
ALLOCATION
WHEREAS, the City currently receives annual allocations of Federal funding
from the Department of Housing and Urban Development (HUD) through the
Community Development Block Grant (CDBG) Program, and
WHEREAS, 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, the City is permitted to determine how the City's jurisdictional
allocations will be expended as long as the projects are eligible and meet the goals and
objectives of the CDBG program.
NOW, THEREFORE, BE IT RESOLVED by the Wheat Ridge City Council,
that:
Section 1. The City's 2007 and 2008 jurisdictional allocation ofCDBG funds
shall be expended in the following manner:
$50,000 to the Jefferson County Housing Authority Single Family
Rehabilitation loan program
$50,000 towards replacement of the HV AC at the Wheat Ridge Senior
Center
The balance of approximately $533,000 will remain unallocated but is
tentatively "earmarked" to go toward WR2020 initiatives such as
redevelopment efforts at 44th Ave. and Wadsworth Blvd.
DONE AND RESOLVED THIS qo.. day of ~/M/' ,2008,
']lJuJJA ::
'l'ullio, Mayor
ATTEST
~~
,,-
Michael Snow, City Clerk