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HomeMy WebLinkAboutRes 44-06 09/19/2006 9/14/06 mla RESOLUTION NO. 44-06 A RESOLUTION APPROVING THE 2007 ACTION PLAN INCLUDING THE FISCAL YEAR 2007 COMMUNITY DEVELOPMENT BLOCK GRANT ENTITLEMENT PROGRAM WHEREAS, the Village of Mount Prospect has prepared a five-year Consolidated Plan, which includes a community development strategic plan as well as an application for a Community Development Block Grant; and WHEREAS, the Village of Mount Prospect is entering its twenty-eighth year as an entitlement community under the federal Community Development Block Grant Program; and WHEREAS, in the past twenty-seven years the Village has used its Community Development Block Grant entitlement to implement various projects to address the community development and housing needs of low and moderate-income and elderly residents, to reduce and prevent the occurrence of deterioration in the Village, to increase accessibility for the handicapped, and to address other community needs in conformance with the objectives ofthe Community Development Block Grant Program; and WHEREAS, the Village of Mount Prospect has been allocated $380,390 for fiscal year 2007 from the U.S. Department of Housing and Urban Development and expects to generate $60,000 in annual program income; and WHEREAS, the Mayor and Board of Trustees has determined that the Consolidated Plan and the use of CDBG funds can be of benefit in providing for residents' health, safety and welfare and in meeting the community and housing needs of its citizens: NOW THEREFORE, BE IT RESOLVED BY THE MAYOR AND BOARD OF TRUSTEES OF THE VILLAGE OF MOUNT PROSPECT, COOK COUNTY, ILLINOIS ACTING IN THE EXERCISE OF THEIR HOME RULE POWER: SECTION ONE: The Mayor and Board of Trustees of the Village of Mount Prospect hereby approves the attached Consolidated Plan, which includes an allocation of Community Development Block Grant funds in the amount of $520,000. Youth Service Programs Health Care Disabilities Programs Homeless Programs/Transitional Living Home Improvement Programs 15t Time Homebuyers Program Neighborhood Improvements Economic Development General Administration $24,500 15,000 17,500 12,000 207,000 50,000 110,000 8,000 76,000 FY 2007 CDBG FUNDS $520,000 Page 2/2 CDBG allocations SECTION TWO: The Mayor and Board of Trustees of the Village of Mount Prospect hereby authorizes the Village Manger to prepare and forward to the U.S. Department of Housing and Urban Development a submission of Mount Prospect's 2007 Action Plan in accordance with Federal guidelines. This Plan includes an application for FY 2007 federal Community Development Block Grant funds. SECTION THREE: This Resolution shall be in full force and effect from and after its passage and approval in the manner provided by law. AYES: Corcoran, Hoefert, Kom, Lohrstorfer, Skowron, Zadel NAYS: None ABSENT: None PASSED and APPROVED this 19th day of September, 2006. :Jl~/{ ti/~ Irvana K. Wilks Mayor ATTEST: " c(l . &, ! I 0. . <::::;.?_~ ? ' ~~11' ~! Village Clerk C:\Documents and Settings\kdewis\Local Settings\Temporary Internet Files\OLK6B\CDBG 2007 allocation.doc