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HomeMy WebLinkAboutRes 36-91 10/15/1991 RESOLUTION NO. 36-91 A RESOLUTION PROVIDING THE TRANSFER OF FUNDS IN THE COMMUNITY ' DEVELOPMENT BLOCK GRANT PROGRAM WItEREAS, the Village of Mount Prospect has entered its fifteenth year as an entitlement community under the Federal Community Development Block Grant Program; and WHEREAS, in the past fourteen years the Village has used these funds to implement various projects that address the community development and housing needs of its 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, plan neighborhood street improvements, and to address other community needs in conformance with the objectives of the Community Development Block Grant Program; and WHEREAS, there is a need for additional funds for the Housing Rehabilitation Program, which is part of the, Village's Community Development Block Grant effort to assist Iow income households in making repairs to their residences; and WHEREAS, the Train Station Handicapped Accessibility Project and the Senior Center Asbestos Project are completed and the balance of funds are no longer needed for these activities, the Public Buildings Accessibility Project has adequate funds to address future needs, and Unprogrammed Funds need to be transferred into an active project in order to be utilized. WHEREAS, the Department of Housing and Urban Development and the Village have determined that a public hearing is not needed for this action. 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 T~ustees of the Village of Mount Prospect hereby approve the following transfer of Community Development Block Grant funds in the following amounts for a total transfer of $23,275.00. From: Train Station Handicapped Accessibility: $ 1,692.00 From: Senior Center Asbestos Project: $ 6,924.00 From: Unprogrammed Funds: $ 6,659.00 From: Public Building Accessibility: $ 8,000.00 To: Housing Rehabilitation: $23,275.00 SECTION TWO.' The Mayor and Board of Trustees of the Village of Mount Prospect hereby authorize the Village Manager to transfer said 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: Busse, El owes, Corcoran, Hoefert NAYS: None PASSED this 15th day of October ,1991. APPROVED this 15th day of 0ctt~b~r , 1991. ST: - -ff .