RES 03034 - Laserfiche WebLink

CITY COUNCIL OF THE CITY OF PLEASANTON ALAMEDA COUNTY, ALAMEDA RESOLUTION NO. 03-034 RESOLUTION APPROVING THE ALLOCATION OF FEDERAL AND CITY FUNDS RELATIVE TO THE COMMUNITY DEVELOPMENT BLOCK GRANT (CDBG) PROGRAM FOR FISCAL YEARS 2003, 2004, AND 2005 WHEREAS, Community Development Block Grant (CDBG) funds are distributed to metropolitan cities, urban counties, states, and consortia of local govemments by the Department of Housing and Urban Development (HUD); and WHEREAS, HUD encourages jurisdictions to plan for the use of federal funds in three-year program cycles for the purposes of planning and implementation of housing and community development programs; and WHEREAS, the City of Pleasanton is a HUD Entitlement City and will be submitting an Actin Plan with projects for CDBG funding for Fiscal Year 2003; and WHEREAS, the City of Pleasanton is a participating jurisdiction under the Alameda County HOME Consortium and receives an annual formula allocation of federal funds from the Housing Oppoortunites Made Ease (HOME) program to enable certain housing projects and activities which benefit low income persons; and WHEREAS, the City Council finds that the use of City Lower Income Housing Funds to supplement CDBG funds is an appropriate use under certain conditions as listed in Resolution No. 94-80, adopted in July 1994; and WHEREAS, at its meeting of April 15, 2003, the City Council reviewed the report of the Deputy City Manager (SR 03:105) regarding the proposed CDBG program funding allocation for Fiscal Years 2003, 2004, and 2005. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF PLEASANTON RESOLVES AS FOLLOWS: Section 1: Council approves the overall funding program for the City's Community Development Block Grant (CDBG) program for Fiscal Year 2003 as depicted in Table A., including a total of $346,000 in CDBG funds and $51,873 in City Housing Funds, and tentative allocations for Fiscal Years 2004 and 2005.