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File #: 000492    Version:
Type: Resolution Status: Passed
File created: 7/11/2000 In control: COMMUNITY DEVELOPMENT COMMITTEE
On agenda: Final action: 9/6/2000
Effective date:    
Title: Substitute resolution relative to community development expenditures of program income for NIDC of Community Development Block Grant, and HOME funds as administered by CBGA.
Sponsors: CHAIR
Indexes: COMMUNITY DEVELOPMENT, COMMUNITY DEVELOPMENT BLOCK GRANT
Number
000492
Version
SUBSTITUTE 2
Reference
Sponsor
THE CHAIR
Title
Substitute resolution relative to community development expenditures of program income for NIDC of Community Development Block Grant, and HOME funds as administered by CBGA.
Analysis
Body
Whereas, The Community Development Committee on September 5, 2000 approved the use of program income for NIDC with CDBG and HOME funds; now, therefore, be it
 
Resolved, That NIDC is authorized to use program income for the acitivities indicated in Exhibit A; and, be it
 
Further Resolved, That NIDC is required to submit budget and activity reports for CDBG funds and HOME funds to reflect entitlement funding and program income to the Community Block Grant Administration and the City Comptroller for their review and approval; and, be it
 
Further Resolved, That NIDC submit weekly cost reports to CDBG reflecting the use of program income, as required by the U. S. Department of Housing and Urban Development (HUD) regulations.
 
Requestor
Drafter
NIDC 9-5