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HomeMy WebLinkAbout1283_001RESOLUTION NO. A RESOLUTION APPROVING THE FISCAL YEAR 1995 COMMUNITY PEVELOPMENT BLOCA GRANT ENTITLEME—NIMD—G—RA M WHEREAS, the Village of Mount Prospect is entering its eighteenth year as an entitlement community under the federal Community Development Block Grant Program; and WHEREAS, in the past seventeen 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 Central Area of 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 allocated $393,000.00 for fiscal year 1995, and $17,493 in program income, all new allocations from the U. S. Department of Housing and Urban Development and program income; and WHEREAS, the Mayor and Board of Trustees has determined that these funds can continue to be of benefit in providing for resident's health, safety and welfare and in meeting the community development and housing needs of its citizens: NOW THEREFORE, BE IT RESOLVED BY THE MAYOR AND BOARD OF TRUSTEES OF THI VILLAGE OF MOUNT PROSPECT, COOK COUNTY9 ILLINOIS: SECTION ONE: The Mayor and Board of Trustees of the Village of Mount Prospect hereby approves the allocation of Community Development Block Grant funds in the amount of $393,000.00 and program income funds in the amount of $171493, all to the following projects for a total allocation of $410,493: Neighborhood Services Program $ 1931500.00 Suburban Primary Health Care 115000.00 Elderly Services Program 21000.00 Neighborhood Street - Handicap Ramps 5000.00 Residential Rehabilitation Loan Program 2741993.00 Transitional Living Program 61000.00 General Administration 4741000.,09 FY'95 C.D.B.G. FUNDS Hj_03493.0 SSC' I1QN'_TW The Mayor and Board of Trustees of the Village of Mount Prospect hereby authorizes the Village Manager to prepare and forward to the U. S. Department of Housing and Urban Development a submission of Mount Prospect's "Consolidated Plan" in accordance with federal guidelines, This Plan includes an application for 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; NAYS: ABSENT: PASSED AND APPROVED this -day of 11995. ATTEST. MAYOR VILLAGE CLERK