Number
010139
Version
SUBSTITUTE 2
Reference
Sponsor
ALD. RICHARDS
Title
Substitute resolution relative to community development expenditures of Community Development Block Grant, HOME, Enterprise Community and other CBGA-administered federal funds.
Analysis
This resolution approves the following allocations of HOME program funds:
1. $350,000 to the Woodland Revitalization Home Ownership Program.
2. $350,000 to the Harnischfeger New Housing Construction Program.
3. $300,000 to the Merrill Park-St. Rose East New Housing Construction Program.
Body
Whereas, On May 7, 2002, the Community Development Committee approved funding for the Woodland Revitalization Home Ownership Program, the Harnischfeger New Housing Construction Program and the Merrill Park-St. Rose East New Housing Construction Program; and
Whereas, The Community Development Committee also approved the allocation of HOME funds in the following amounts:
1. $350,000 for the Woodland Revitalization Home Ownership Program.
2. $350,000 for the South Community Organization-Harnischfeger New Housing Construction Program.
3. $300,000 for the Merrill Park Neighborhood Association-St. Rose East New Housing Construction Program.
; now, therefore, be it
Resolved, By the Common Council of the City of Milwaukee, that $1,000,000 in HOME funds be allocated as follows:
1. $350,000 for the Woodland Revitalization Home Ownership Program.
2. $350,000 for the South Community Organization-Harnischfeger New Housing Construction Program.
3. $300,000 for the Merrill Park Neighborhood Association-St. Rose East New Housing Construction Program.
; and, be it
Further Resolved, That these allocations will be in effect through December 31, 2002; and, be it
Further Resolved, That these HOME funds shall be allocated to subrecipient organizations to be identified and approved by the proper City officials; and, be it
Further Resolved, That the Community Block Grant Administration is responsible for awarding a subrecipient contract for this approved activity; and, be it
Further Resolved, That the subrecipient organizations shall submit budget and activity reports in amounts and according to any conditions approved by the Common Council and the Mayor, and in accordance with File Number 74-92-5v, to the Community Block Grant Administration and the City Comptroller for review and approval; and, be it
Further Resolved, That payments for HOME costs incurred shall be paid in accordance with approved HOME reimbursement policy based on the approval by the Community Block Grant Administration and the City Comptroller; and, be it
Further Resolved, That except as modified by this resolution, the guidelines for handling the Community Development Block Grant Program set forth in Common Council File Number 74-92-5v are fully applicable to the 2002 Community Development Entitlement Funding Program.
Requestor
Drafter
LRB02215-2
JDO
5/8/02