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HomeMy WebLinkAboutRes 14-90 03/20/1990 RESOLUTION NO. 14-90 A RESOLUTION APPROVING THE FISCAL YEAR 1990 COMMUNITY DEVELOPMENT BLOCK GRANT ENTITLEMENT PROGRAM WHEREAS, the Village of Mount Prospect is entering its thirteenth year as an entitlement community under the federal Community Development Block Grant Program; and WltEREAS, in the past twelve 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 estimated $247,600.00 for fiscal year 1990 and $3,128.00 reallocated funds in Fiscal Year 1989, 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 $250,728.00 and $50,234.15 in program income funds: Public Buildings Accessibility Project $19,000.00 Residential rehabilitation Loan Program 35,000.00 (Including Program Income of $50,234.15) Boxwood Advocacy Program 14,000.00 Neighborhood Street Improvements 90,000.00 Suburban Primary Health Care 15,000.00 Low- Moderate-Income Day Care Services 5,400.00 Senior Center Asbestos Removal 30,328,00 General Administration 42,000.00 Since this allocation is an estimate, it is hereby acknowledged that any deviation caused by the final allocation will be adjusted in the Senior Center Asbestos Removal Project. SECTION TWO: The Mayor and Board of Truste.es of the Village of Mount Prospect hereby acknowledge that the following activities are proposed for the fiscal year 1990 budget, utilizing prior year Community Development Block Grant funds in the amount of $324,762.85, and current allocation, noted in Section One above, of $300,962.15 for total fiscal year allocations as follows: Residential Rehabilitation Loan Program $103,400.00 Multi-Family Housing Rehabilitation Program 40,000.00 Public Buildings Accessibility Project 34,000.00 Neighborhood Street Improvements 275,000.00 Commercial Building Facade Improvements 32,500.00 Senior Center Asbestos Removal 31,000.00 Boxwood Advocacy Program 14,000.00 Suburban Primary Health Care 15,000.00 Low- Moderate-income Day Care Services 5,400.00 Administration 42,925.00 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, Wattenber§ NAYS: None ABSENT: None PASSED A.ND APPROVED this 20t:h day of March ., 1990. VILLAG'E CLER_K I2-