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HomeMy WebLinkAboutRes 41-03 09/16/2003wig vwl RESOLUTION NO. 41-03 A RESOLUTION APPROVING THE 2004 ACTION PLAN INCLUDING THE FISCAL YEAR 2004 COMMUNITY DEVELOPMENT BLOCK GRANT ENTITLEMENT PROGRAM WltEREAS, 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-fifth year as an entitlement community under the federal Community Development Block Grant Program; and WHEREAS, in the past twenty-four 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 of the Community Development Block Grant Program; and WHEREAS, the Village of Mount Prospect has been allocated $467,000 for fiscal year 2004 from the U.S. Department of Housing and Urban Development and expects to generate $65,000 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: 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 $532,000. Youth Service Programs Health Care Elderly/Community Services Program Disabilities Programs Transitional Living Program and Resource Center Homeless Programs Single Family Rehabilitation Loan Program 1 ~t Time Homebuyers Program Emergency Repair Program Neighborhood Sidewalk Ramp ADA Program Neighborhood Improvements General Administration $45,500 13,000 3,000 28,500 13,000 5,500 188,500 20,000 30,000 55,000 65,000 65,000 FY 2004 CDBG FUNDS $532.000 age 2/2 CDBG allocations SECTION TWO: The Mayor and Board of Trustees of the Village of Mount Prospect hereby authorizes t he Village M anger t o prepare a nd forward t o t he U.S. Department o f Housing a nd Urban Development a submission of Mount Prospect's 2004 Action Plan in accordance with Federal guidelines. This Plan includes an application for FY 2004 federal Community Development Block Grant funds. SECTION TItREE: 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, Lohrstorfer, Skowron, Wilks, Zadel NAYES: None ABSENT: None PASSED and APPROVED this 16th day of September, 2003. Gerald L. Farley ATTEST: Mayor H:\CLKO\files\WlbhRES\CDBG 2004 allocation.doc