HomeMy WebLinkAboutResolution 2008-0064CITY OF WHEAT RIDGE, COLORADO
RESOLUTION NO. 64
Series of 2008
TITLE: A RESOLUTION CONCERNING EXPENDITURE OF THE
CITY'S 2007 JURISDICTIONAL ALLOCATION OF
FEDERAL COMMUNITY DEVELOPMENT BLOCK
GRANT FUNDS
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, administered through the Jefferson County Community
Development Division; 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 of low 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, City Council has adopted a policy establishing that the City's CDBG funds
should be used to implement the goals of the Neighborhood Revitalization Strategy; 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, subject to final approval by the Jefferson County Board of Commissioners.
NOW, THEREFORE, BE IT RESOLVED by the Wheat Ridge City Council, that:
Section 1. A portion of the City's 2007 jurisdictional allocation of CDBG funds shall be
expended in the following manner:
- $100,000 to the Jefferson County Housing Authority Single Family
Rehabilitation loan program
Section 2. This resolution shall be effective upon adoption.
DONE AND RESOLVED this 8u` day of December, 2008. 1
A
Je ullio, Mayor
ATTE T
Michael Snow, City Clerk