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HomeMy WebLinkAboutRes 24-14 07/15/2014 Approving the 2014 Action Plan Including the Fiscal Year 2014 Community Dev. Block Grant Entitlement Progarm RESOLUTION NO. 24-14 A RESOLUTION APPROVING THE 2014 ACTION PLAN INCLUDING THE FISCAL YEAR 2014 COMMUNITY DEVELOPMENT BLOCK GRANT ENTITLEMENT PROGRAM WHEREAS, the Village of Mount Prospect has prepared a five -year 2010 -2014 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 thirty-fifth year as an entitlement community under the federal Community Development Block Grant Program; and WHEREAS, in the past thirty-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 expects to be allocated $271,504 for fiscal year 2014 from the U.S. Department of Housing and Urban Development and expects to generate $60,000 in annual program income, and anticipates non - allocated carry-over funds in the amount of $110,096; and WHEREAS, the President and Board of Trustees have 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 PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF MOUNT PROSPECT, COOK COUNTY, ILLINOIS ACTING IN THE EXERCISE OF THEIR HOME RULE POWERS: SECTION ONE: The President and Board of Trustees of the Village of Mount Prospect hereby approve the attached 2014 Annual Action Plan. The Action Plan anticipates spending Community Development Block Grant funds in the amount of $441,600. Public Service Programs $ 67,800 Affordable Housing $125,000 Public Infrastructure Improvements 150,000 Public Facility Rehab 12,500 Rehab Administration 20,000 General Administration 66,300 FY 2014 CDBG FUND SECTION TWO The President and Board of Trustees of the Village of Mount Prospect hereby authorize the Village Manager to prepare and forward to the U.S. Department of Housing and Urban Development a submission of Mount Prospect's 2014 Action Plan in accordance with Federal guidelines. This Plan includes an application for FY 2014 federal Community Development Block Grant funds. Page 2/2 CDBG allocations 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: Hoefert, Korn, Matuszak, Polit, Rogers, Zadel NAYS: None ABSENT: None PASSED and APPROVED this 15th day of July 2014. / Arlene A. Juracek Mayor ATTEST: l i a Angell Village Clerk I H:\CLKO\WIN\RESOLUTION\CDBGactionplan2OlO-2014july2Ol4doc i i 1 i s i 9 i a i 3 i i f 3 1 1 i i i 1 I