HomeMy WebLinkAboutRes 40-07 10/02/2007
RESOLUTION NO. 40-07
A RESOLUTION APPROVING THE 2008 ACTION PLAN
INCLUDING THE FISCAL YEAR 2008
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-ninth year as an entitlement community
under the federal Community Development Block Grant Program; and
WHEREAS, in the past twenty-eight 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 $337,697 for fiscal year 2008 from
the u.s. Department of Housing and Urban Development and expects to generate $80,000 in annual
program income, and anticipates carry-over funds in the amount of $275,000;
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:
SECTION ONE: The President and Board of Trustees of the Village of Mount Prospect hereby approve
the attached Action Plan, which includes an allocation of Community Development Block Grant funds in
the amount of $729,000.
Youth Service Programs
Health Care
Disabilities Programs
Homeless Programs/Transitional Living
Home Improvement Programs
Neighborhood Improvements
Economic Development
General Administration
$32,500
15,000
20,500
38,000
200,000
360,000
5,500
75.500
FY 2008 CDBG FUNDS
$729.000
Page 2/2
CDBG allocations
SECTION TWO: The President and Board of Trustees of the Village of Mount Prospect hereby
authorize the Village Manger to prepare and forward to the U.S. Department of Housing and Urban
Development a submission of Mount Prospect's 2008 Action Plan in accordance with Federal guidelines.
This Plan includes an application for FY 2008 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, Juracek, Korn, Zadel
NA YES:
None
ABSENT:
Wilks
PASSED and APPROVED this 2nd day of October 2007.
ATTEST:
-1"/dA6'~
M. LIsa Angell /
Village Clerk
H:\CLKO\fiIes\WIN\RES\CDBG 2008 allocation. doc