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HomeMy WebLinkAboutRESOLUTIONS-1994-063-R-94• 63-R-94 A RESOLUTION Amending the 1992/93 and 1994/95 Community Development Block Grant Programs Authorizing the Reallocation of Unexpended MBE/WBE/EBE Program Small Business Loan Funds for Partial Funding of a Disparity Study WHEREAS, the Evanston City Council with passage of City Resolutions 5-R-92 and 4-R-94 did approve applications for 1992/93 and 1994/95 Community Development Block Grant Entitlement funds and did direct the City Manager to file said applications with the United States Department of Housing and Urban Development ("HUD"); and WHEREAS, HUD approved said applications; and WHEREAS, the Evanston City Council did appropriate $74,070 in 1992/93 • Community Development Block Grant funds for the MBE/WBE/EBE program's small business loan program; and WHEREAS, the MBE/WBE/EBE program does not anticipate using said small business loanfunds during the current program year; and WHEREAS, the City of Evanston is desirous of hiring a consultant to conduct a Disparity Study for its MBE/WBE/EBE program; and $175,910; and WHEREAS, a consultant has been selected and the proposed contract price will be WHEREAS, there is insufficient funding in the 1994/95 MBE/WBE/EBE program budget to fund said Disparity Study; and is WHEREAS, the City's Housing and Community Development Act Committee did direct City staff to request authorization from the Evanston City Council to reallocate $74,070 from 63-R-94 the 1992/93 MBE/WBE/EBE program budget to fund a portion of the Disparity Study; and • WHEREAS, reallocation of said funds would require that the City's 1992/93 and 1994/95 applications for Community Development Block Grant funds be amended; and WHEREAS, the City's Housing and Community Development Act Committee did hold a public meeting on September 13, 1994 to hear public opinion on said reallocation of funds as required by the CDBG program Citizen Participation Plan; and WHEREAS, said City Committee did vote to approve said reallocation 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: The City hereby amends its 1992/93 and 1994/95 Community • Development Block Grant programs and authorizes the following reallocation for partial funding of the MBE/WBE/EBE program Disparity Study: FROM: 1992/93 Grant Year (Eighteenth Year) MBE/WBE/EBE Program $74,070 TO: 1994/95 Grant Year (Twentieth Year) MBE/WBE/EBE Program $74,070 SECTION 2: The City Council authorizes the City Manager to submit said program amendments in a form acceptable to HUD. SECTION 3: 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. L.J • ATTEST: City Clerk Adopted: a� , 1994 0 • Mayor 63 -R-94