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HomeMy WebLinkAboutRes 09-85 03/19/1985 / ;/ RESOLUTION NO. 9-85 A RESOLUTION APPROVING THE FISCAL YEAR 1985 COMMUNITY DEVELOPMENT BLOCK GRANT ENTITLEMENT PROGRAÞ1 WHEREAS, the Village of Mount Prospect is entering its eighth year as an entitlement community under the federal Community Development Block Grant Program; and WHEREAS, in the past seven years the Village has used its Com- munity 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 has been allocated $309,786.00 for fiscal year 1985 from the U. S. Department of Housing and Urban Development; and WijEREAS, the Mayor and Board of Trustees at its regular meeting of March 20, 1984 approved an application for entitlement funds in the amount of $316,350.00 for the 1984 fiscal year; which application was then submitted to and approved by the U. S. Department of Housing and Urban Development; and which funds were then made available to the Village of Mount Prospect on May 1, 1984; and WHEREAS, the 11ayor and Board of Trustees has determined that these funds can continue to be of benefit in providing for the health, safety and welfare and meeting the community develop- ment 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 I amounts for a total allocation of $309,786.00: Residential Rehabilitation Loan Program Downtown Improvements Multi Family Rehabilitation Adult Day Care Transit and paratransit for Elderly and Handicapped Commercial Building Facade Improvements Housing Counseling Low-Moderate Income Day Care Services General Administration $ 47,000.00 13,758.00b 80,193.00c 13,000.00 91 ,035 .00a 11,000.00 3,800.00 50,000.00 a. To be combined with $22,274 reprogrammed from Program income. b. To be combined with $2,738 from program income and $81,504 reprogrammed ($26,193 from Contingencies and $55,311 from General Administration). c. To be combined with $23,807 reprogrammed from Contingencies. ~ SECTION TWO: 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 accor- dance with federal guidelines. 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: Arthur, I. NAYS: None I ABSENT: None PASSED AND APPROVED this 19th day of Farley, Floros, Murauskis, Van Greem, Wattenberg, March ,1985. e~~~ Î YOR ATTEST: 1~Y~ !~ VILLAGE CLERK