HomeMy WebLinkAboutRESOLUTIONS-1994-014-R-94C7
14-R-94
A RESOLUTION
Amendment to the 1994-95 Community
Development Block Grant (CDBG) Program
Authorizing the Reallocation of Unexpended
Housing Loan Funds
WHEREAS, the Evanston City Council with passage of Resolution 4-R-94 approved the City's
application for 1994-95 Community Development Block Grant (CDBG) Entitlement funds and directed
the City Manager to file said application with the United States Department of Housing and Urban
Development; and
WHEREAS, said application has been submitted to the United States Department of Housing and
Urban Development for its review and approval; and
WHEREAS, said United States Department has asked the City to reduce the balance in Multi-
Family/Single-Family Revolving Loan Fund by reallocating those funds to other eligible activities in the
1994-95 program year; and
WHEREAS, the Housing and Community Development Act Committee held public meetings on
January 11, 1994 and February 8, 1994 to hear public opinion on the proposed reallocations as required
by the Community Development Citizen Participation Plan; and
WHEREAS, the Housing and Community Development Act Committee did vote to approve
reallocation of $500,000 in Single -Family Revolving Loan Funds and to recommend to the City Council
passage of this Resolution;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
EVANSTON, COOK COUNTY, ILLINOIS:
Section 1: That the 1994-95 Community Development Block Grant program is amended and
authorizes that $500,000 in program income from the Single -Family Revolving
Fund be reallocated to the 1994-95 program year:
$ 38,955 Seventeenth Year Grant
283,695 Eighteenth Year Grant (1992-93)
179.350 Nineteenth Year Grant (1993-94)
$500,000 TOTAL REALLOCATIONS TO THE 1994-95 CDBG
PROGRAM.
Section 2: That the aforesaid Single -Family Revolving Loan Funds shall be reallocated to fund
the following projects:
$250,000 Multi -Family Code Rehab Program
50,000 Code Enforcement Reallocation Program
50,000 Landlord/Tenant Assistance Program
75,000 Youth Entrepreneurial Training and Education at Work
Programs
50,000 Alley Surfacing Program
25.000 Commission on Aging Handyman Assistance Program
$500,000 TOTAL
Section 3: That this Resolution shall be in full force and effect from and after the
date of its passage and approval in the manner provided by law.
ayor
ATTEST:
gClerk4'0'-
ADOPTED: �� 7/d , 1994
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