HomeMy WebLinkAbout~Master - 2008/09 CDBG Agreement with HUD RESOLUTION NO. 08-345
RESOLUTION APPROVING 2008/09 CDBG AGREEMENT
WITH THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
FOR THE CITY OF AMES
WHEREAS,on July 25,2008,the City received notification from the Department of Housing
and Urban Development (HUD) that the review of the City's Consolidated Plan and the 2008/09
Annual Action Plan has been completed; and,
WHEREAS, HUD is now requesting that the City sign and return the 2008/09 Community
Development Block Grant(CDBG)Agreement and Funding Approval; and,
WHEREAS, the Grant Agreement outlines that the City of Ames will receive$479,660 for
the fiscal year July 1, 2008, through June 30, 2009, and of that amount, $383,728 is available for
programming and $95,938 is available for administrative expenses; and,
WHEREAS, in addition to the $479,690 of newly allocated funding, it is anticipated that
approximately $734,788 of 2007/08 rollover funds, along with about $163,950 of anticipated
program income, will be included for a total program budget of$1,378,428.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Ames, Iowa,
that the 2008/09 Grant Agreement and Funding Approval with the Department of Housing and
Urban Development for CDBG funds is hereby approved, and the mayor is authorized to sign said
Agreement.
ADOPTED THIS 29tt' day of July, 2008.
Diane R. Voss, City Clerk Ann H. Campbell, Mayor
Introduced by: Goodman
Seconded by: Rice
Voting aye: Doll, Goodman, Larson, Rice
Voting nay: None Absent: Mahayni, Popken
Resolution declared adopted and signed by the Mayor this 29t1i day of July, 2008.