AGENDA #4c
TO: Mayor and Town Council
FROM: W. Calvin Horton, Town Manager
SUBJECT: Recommended Amendment of the Community Development Program to Allocate $100,000 in Program Income and Residual Funds
DATE: October 11, 2004
The attached resolution would adopt a process to amend the Community Development program to allocate $100,000 in program income and residual funds. This process would include a public hearing to receive comments and proposals from organizations and the public.
DISCUSSION
The Town has approximately $100,000 of Community Development program income and unused existing funds that can be budgeted for eligible Community Development activities. This income was received from repayment of deferred loans and mortgage payments to the Town. The amount also includes existing funds that will not be used for current activities, either because the activity was completed under budget or because an agency was not able to meet the requirements of the Community Development program.
According to the Citizen Participation Plan adopted by the Council, the Council must hold a public hearing to receive citizen comments on the proposed use of funds. At that time, organizations or individuals may present ideas for use of these funds. Eligible applicants must meet certain requirements in order to receive funds including 501(c)3 status, and demonstrate that the organization has the capacity to implement the activity according to the Community Development regulations. After a public hearing, we would return to the Council with a recommended plan for use of these funds. We would also review the proposed amendment with the Housing and Community Development Advisory Board.
PROPOSED PROCESS
We propose the following schedule for the Council’s consideration:
· Publish a notice in the Chapel Hill Herald on October 17, 2004, to announce the time and date of the public hearing and send a notice of the hearing to our Community Development mailing list (approximately 80 organizations and individuals);
· Conduct a public hearing on November 8, 2004, to receive citizen comments;
· Review a proposed amendment and comments received at the hearing with the Housing and Community Development Advisory Board on November 23, 2004;
· Return to the Council on December 6, 2004, for consideration of a proposal; and
· If a proposal is approved, submit a revised Annual Update to the Consolidated Plan to the U.S. Department of Housing and Urban Development.
That the Council adopt the attached resolution adopting a process to amend the Community Development program.
A RESOLUTION ADOPTING A PROCESS TO AMEND THE COMMUNITY DEVELOPMENT PROGRAM (2004-10-11/R-4)
WHEREAS, the Town has an ongoing interest in the promotion of Community Development activities in the Town of Chapel Hill; and
WHEREAS, the Town has received Community Development program income; and
WHEREAS, the Town wishes to reallocate unused funds for current activities;
NOW, THEREFORE, BE IT RESOLVED by the Council of the Town of Chapel Hill that the Council adopts the following process to amend the Community Development program to budget approximately $100,000 of Community Development program income and reallocated Community Development funds:
· Publish a notice in the Chapel Hill Herald on October 17, 2004 to announce the time and date of the public hearing and send a notice of the hearing to our Community Development mailing list (approximately 80 organizations and individuals);
· Conduct a public hearing on November 8, 2004, to receive citizen comments;
· Review a proposed amendment and comments received at the hearing with the Housing and Community Development Advisory Board on November 23, 2004;
· Return to the Council on December 6, 2004, for consideration of a proposal; and
· If a proposal is approved, submit a revised Annual Update to the Consolidated Plan to the U.S. Department of Housing and Urban Development.
This the 11th day of October, 2004.