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CITY COUNCIL OF THE CITY OF PLEASANTON <br /> <br /> ALAMEDA COUNTY, CALIFORNIA <br /> <br /> RESOLUTION NO. 04-020 <br /> <br />RESOLUTION APPROVING THE ALLOCATION OF <br />FEDERAL AND CITY FUNDS RELATIVE TO THE <br />COMMUNITY DEVELOPMENT BLOCK GRANT (CDBG) <br />PROGRAM FOR FISCAL YEAR 2004 (2004/05) <br /> <br />WHEREAS, <br /> <br />WHEREAS, <br /> <br />WHEREAS, <br /> <br />WHEREAS, <br /> <br />WHEREAS, <br /> <br />WHEREAS, <br /> <br />Community Development Block Grant (CDBG) funds are distributed to <br />metropolitan cities, urban counties, states, and consortia of local governments by <br />the Department of Housing and Urban Development (HUD); and <br /> <br />HUD encourages jurisdictions to plan for the use of federal funds in three-year <br />program cycles for the purposes of planning and implementation of housing and <br />community development programs; and <br /> <br />the City of Pleasanton is a HUD Entitlement City and will be submitting an Action <br />Plan with projects for CDBG funding for Fiscal Year 2004; and <br /> <br />the City of Pleasanton is a participating jurisdiction under the Alameda County <br />HOME Consortium and receives an annual formula allocation of federal funds <br />from the Housing Oppommities Made Easy (HOME) program to enable certain <br />housing projects and activities which benefit low income persons; and <br /> <br />the City Council finds that the use of City Lower Income Housing Funds to <br />supplement CDBG funds is an appropriate use under certain conditions as listed in <br />Resolution No. 94-80 adopted in July 1994; and <br /> <br />at its meeting of April 20, 2004, the City Council reviewed the report of the <br />Deputy City Manager (SR:04:094) regarding the proposed CDBG program <br />funding allocation for Fiscal Year 2004; <br /> <br /> <br />