137 of 1988 - Amended Budget for 14th Year Community Development Block Grant Funding 1988-89 R 88-1
T 88-29
RESOLUTION NO. 137 OF 1988
RESOLUTION ADOPTING AN
AMENDED BUDGET FOR 14TH YEAR
COMMUNITY DEVELOPMENT BLOCK GRANT
FUNDING (1988-1989)
WHEREAS, Salt Lake City is entitled under Title I of the
Housing and Community Development Act of 1974, as amended, (42
USC 5301, et seq. ) and 24 Code of Federal Regulations (CFR) , Part
570 , to receive Community Development Block Grant (CDBG) funds
from the Department of Housing and Urban Development for the 14th
Year CDBG Program (1988-89) in the sum of $3 ,795, 000; and
WHEREAS, an additional amount of $1,825, 000 of Section 108
Loan Guarantee funds are proposed to be incorporated in the 14th
year budget; and
WHEREAS, it is in the best interests of the people of Salt
Lake City that the City file an amended budget with HUD for said
14th Year CDBG funds in accordance with 24 CFR 570 . 301; and
WHEREAS, the public notices, hearings, and other presub-
mission requirements as set forth in 24 CFR 507. 301 have been
accomplished by the City, including but not limited to the
following:
1. The announcement in a public meeting held Tuesday,
October 18, 1988 of the City' s intent to consider the adoption of
an amended 14th Year CDBG budget and the setting of a public
hearing for November 1, 1988 to obtain the views of citizens
regarding the proposed use of these funds; and
2. The publication in a newspaper of general circulation in
Salt Lake County, Utah, of the City' s proposed use of funds and
the date of the public hearing for obtaining views of citizens
regarding the proposed use of these funds; and
3 . A public hearing held Tuesday, November 1, 1988 to
consider the list of projects to be funded with the $1,825, 000 in
additional 14th year Community Development Block Grant funds, to
obtain the views of citizens regarding the proposed use of these
funds, and to consider the adoption of an amended 14th Year CDBG
budget; and
WHEREAS, the City Council does now meet in a public meeting
this November 8, 1988 to make a determination of the proposed use
of additional 14th Year CDBG funds and to amend the CDBG budget
to facilitate the expenditure of those funds;
NOW, THEREFORE, be it resolved by the City Council of Salt
Lake City, Utah as follows:
l '
1. That the amended budget pertaining to 14th Year
Community Development Block Grant be, and is hereby, adopted.
And that additional 14th Year funds be allocated to the projects
and program areas as set forth in Exhibit "A" attached hereto and
made a part hereof by this reference.
2. That the Mayor be, and is hereby authorized as the
official representative of Salt Lake City to submit the amended
budget, together with such additional information and
certifications as may be required under. 24 CFR 570. 302 and 24 CFR
570. 303 , including such modifications thereto as may be
determined necessary to comply with all applicable statutes,
rules or regulations, to the Department of Housing and Urban
Development in connection with the request for approval of the
aforementioned 14th Year CDBG budget amendment.
Passed by the City Council of Salt Lake City, Utah, this
8th day of November , 1988.
SALT LAKE CITY UNCIL
By
CHAIRPER N
C TY R D R
APPROVi=O AS TO FORM
Salt Lak City ttor ey's OffiCe
Date
By .;—
w •
Exhibit "A"
Use of Additional CDBG Funds
Salt Lake City allocates $1, 875,000 of additional 14th Year CDBG
funds to the following projects and program areas:
1. Housing
Section 108 Loan for acquisition of
City owned low/moderate income housing
(1357 North Morton Drive) $1, 675 , 000
2. Parks
North Redwood Road Community park
improvements (1900 West 1100 North) $150, 000
Total $1, 825 , 000