AGENDA #4f
TO: Mayor and Town Council
FROM: W. Calvin Horton, Town Manager
SUBJECT: Grant Project Ordinance for the 2001–2002 Community Development Entitlement Program
DATE: July 2, 2001
The attached budget ordinance would establish a Community Development Grant Project Ordinance for 2001-2002. The ordinance is based on a total program of $476,000 in revenues and costs as approved by the Council on April 23, 2001.
SUMMARY
On April 23, 2001, the Council approved a plan for the use of $476,000 of Community Development funds for 2001-2002 and authorized submittal of a Consolidated Plan to the U. S. Department of Housing and Urban Development. Of this amount, $441,000 is the annual grant, and $35,000 is anticipated program income.
The 2001–2002 Community Development funds will be used for the following activities, as approved by the Council:
Rehabilitation of Public Housing: $170,000
Meadowmont Affordable Townhomes $ 80,000
Neighborhood Revitalization $ 80,000
Habitat for Humanity (Rusch Road Subdivision) $ 50,000
Community Services
(YMCA, Orange County Literacy Council) $ 20,000
Program Administration $ 76,000
Total $476,000
RECOMMENDATION
That the Council adopt the attached ordinance to establish a Community Development Grant Project Ordinance to include the 2001–2002 Community Development grant of $441,000, and $35,000 of Community Development program income.
AN ORDINANCE ESTABLISHING THE 2001–2002 COMMUNITY DEVELOPMENT ENTITLEMENT GRANT PROJECT ORDINANCE (2001-07-02/O-5)
BE IT ORDAINED by the Council of the Town of Chapel Hill that, pursuant to Section 13.2 of Chapter 159 of the General Statues of North Carolina, the following grant project is hereby established:
SECTION I
The projects authorized are the Community Development projects as approved by the Council on April 23, 2001: funds are as contained in the Funding Approval and Grant Agreement between the Town and the U.S. Department of Housing and Urban Development (HUD). The projects are known more familiarly as the 2001 Entitlement Community Development Block Grant. The grant activities include renovation of public housing, site improvements, neighborhood revitalization, property acquisition, community services to low-income residents, and administration costs for the program.
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SECTION II
The Manager of the Town of Chapel Hill is hereby directed to proceed with the grant project within the terms of the grant document(s), the rules and regulations of the U.S. Department of Housing and Urban Development, and the budget contained herein.
SECTION III
The following revenues are anticipated to be available to complete this project:
Community Development Block Grant: $441,000
Community Development Program Income: $ 35,000
Total $476,000
SECTION IV
The following amounts are appropriated for the project:
Rehabilitation of Public Housing: $170,000
Meadowmont Affordable Townhomes $ 80,000
Neighborhood Revitalization: $ 80,000
Habitat for Humanity: $ 50,000
Community Services: $ 20,000
Program Administration: $ 76,000
Total $476,000
SECTION V
The Finance Director is hereby directed to maintain within the Grant Project Fund sufficient specific detailed accounting records to provide the accounting to the U.S. Department of Housing and Urban Development as required by the grant agreement(s) and Federal and State regulations.
SECTION VI
Copies of this project ordinance shall be entered into the minutes of the Council and copies shall be filed with in five days of adoption with the Manager, Finance Director and the Town Clerk.
This the 25th day of June, 2001.