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HomeMy WebLinkAboutRes 10-91 03/05/1991 RESOLUTION NO. 10-91 A RESOLUTION APPROVING THE FISCAL YEAR 1991 COMMUNITY DEVELOPMENT BLOCK GRANT ENTITLEMENT PROGRAM WHEREAS, the Village of Mount Prospect is entering its fourteenth year as an entitlement community under the federal Community Development Block Grant Program; and WHEREAS, in the past thirteen years the Village has used its Community Development Block Grant entitlement to implement various projects to 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, 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 an $262,000.00 for fiscal year 1991, $2,897,00 reallocated funds in Fiscal Year 1990, and an additional $1,000.00 in Community Development Block Grant funds for Fiscal Year 1990, all new allocations from the U. S. Department of Housing and Urban Development; 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 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 allocation of Community Development Block Grant funds to projects in the following amounts for a total allocation of $265,897.00: Low- Moderate-Income Day Care Services and BoXWood Advocacy Program $23,000.00 Suburban Primary Health Care 16,000.00 Neighborhood Street Improvements 60,000.00 Residential Rehabilitation Loan Program 124,057.00 General Administration 42.840.00 FY '91 HUD APPLICATION $265,897.00 SECTION TWO: The Mayor and Board of Trustees of the Village of Mount Prospect hereby acknowledge that the following activities are proposed for the fiscal year 1991 budget, utilizing prior year Community Development Block Grant funds in the amount of $59,233.00, and current allocation, noted in Section One above, of $265,897.00, for total fiscal year allocations as follows: Low- Moderate-Income Day Care Services and BoXWood AdvOcacy Program $23,000.00 Access to Care Program 16,000.00 Neighborhood Street Improvements 60,000.00 Residential Rehabilitation Loan Program 125,100.00 Multi-Family Housing Rehabilitation Program 10,000.00 Commercial Building Facade Improvements 29,900.00 Prospect Avenue Street Improvements 10,000.00 Administration 51.130.00 (Includes affordable housing planning grant of $2,500) FY '91 TOTAL BUDGET $325.130.00 SECTION THREE; 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 "Final Statement of Community Development Objectives and Projected Use of Funds" in accordance with federal guidelines. SECTION FOUR: This Resolution shall be in full force and effect from and after its passage and approval in the manner provided by law. AYES: Arthur, Busse, Corcoran, Floros, Van Geem, Weibel NAYS: None ABSEbVr: None PASSED AND APPROVED this 5th day of March ,1991. d_~'.~' c.- IVg~YOR / ,//' VILLAGE CLERK -2-