HomeMy WebLinkAboutRes 11-88 03/01/1988
RESOLUTION NO.
A RESOLUTION APPROVING THE FISCAL YEAR 1988 COMMUNITY
DEVELOPMENT BLOCK GRANT ENTITLEMENT PROGRAM
11-88
WHEREAS, the Village of Mount Prospect is entering its
eleventh year as an entitlement community under the federal
Community Development Block Grant Program; and
WHEREAS, in the past ten 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
$242,000.00 for fiscal year 1988 and $3,142.00 reallocated funds
in Fiscal Year 1987, all new allocations from the U. S. Depart-
ment 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 com-
munity 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 $242,000.00 and $12,588.20 in
program income funds:
Public Buildings Accessibility Project
Residential Rehabilitation Loan Program
(Including $12,588.20 Program Income)
Downtown Streetscape Improvements
Commercial Building Facade Improvements
Boxwood Advocacy Program
Low-Moderate Income Day Care Services
General Administration
Contingency
$ 35,000.00
82,588.20
40,800.00
30,000.00
9,000.00
5,000.00
47,000.00
8,342.00
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
accordance 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: Farley, Floros, Van Geem, Wattenberg
NAYS: None
ABSENT:Arthur, Murauskis
PASSED AND APPROVED this
1st day of
March,
, 1988.
ATTEST:
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