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HomeMy WebLinkAbout~Master - Revision to 2012/13 Annual Action Plan projects and budget RESOLUTION NO. 12-652 RESOLUTION APPROVING MINOR REVISION TO 2012/13 ANNUAL ACTION PLAN PROJECTS AND BUDGET FOR THE CITY OF AMES,IOWA WHEREAS, at the May 8, 2012, City Council meeting, Council members approved the submittal of the 2012-13 Action Plan Projects and budget to the Department of Housing and Urban Development(HUD) and received approval in July; and, WHEREAS,as part of the ongoing budget review and update,our 2011-12 rollover balance ended up being approximately $20,000 less than anticipated in the Action Plan ($600,000 to $579,000); and, WHEREAS,because the rollover amount is lower than the projected revenue,the City needs to adjust the budget to reflect the amount indicated in the HUD IDIS system; and, WHEREAS, furthermore,the City's 2012-13 Neighborhood Public Infrastructure Program project on Aplin and Beedle was completed under budget,and the projected cost was$378,896;and, WHEREAS,the final cost will be around$352,000($26,000 under budget),and the drop in rollover versus the gain in project savings is a net gain of$6,000; and, WHEREAS, in reviewing possible adjustments to the expenditure budget to match the revenue budget, staff also reviewed the status of the Single-Family Conversion(SFC)Program and the Dangerous Buildings Program, which were two projects approved for the 2012-13 year; and, WHEREAS, pertaining to the SFC Program, there were two failed attempts to solicit participation from property owners in the past year, and feed back from property owners was that they had a greater need to rehabilitate and maintain the units as rentals,rather than to sell them;and, WHEREAS,regarding the Dangerous Buildings Program,staff is recommending at this time that due to the vacant Building Official position, the Dangerous Buildings Program be put on hold and that the funding for the remainder of this year could be reallocated; and, WHEREAS, in summary the following table represents the reallocation recommendations: Programs Current Budget Adjusted Budget Operation and Repair(Acquisition/Reuse) $62,500 $97,500 Deposit Assistance Program(Renter $0 $80,141 Affordability) Dangerous Building Program(Slum&Blight) $45,000 $0 Neighborhood Home Improvement Program $426,021 $386,086 Single-Family Conversion Project $25,000 $0 Homebuyer Assistance Program $115,500 $115,500 Neighborhood Infrastructure Improvements $37806 $352,820 Program 2012-13 Program Administration $113,229 $113,229 Total $1,166,146 $1,145,276 WHEREAS, staff feels that these budget adjustments would have a greater impact on meeting the goals of strengthening our neighborhoods and providing better utilization of the CDBG funds and programming for the current year; and, WHEREAS,these proposed changes are in compliance and budget with our approved citizen participation plan for budget adjustments made under $100,000. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Ames, Iowa, that the reallocation of the 2012-13 Annual Action Plan projects and budget for the City's Community Development Block Grant Program, as proposed by staff, is hereby approved. ADOPTED THIS 18t'' day of December, 2012. Diane R. Voss, City Clerk Ann H. Campbell, Mayor Introduced by: Wacha Seconded by: Goodman Voting aye: Davis, Goodman, Larson, Orazem, Szopinski, Wacha Voting nay: None Absent: None Resolution declared adopted and signed by the Mayor this 18th day of December, 2012.