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04-297Council File # �Z v� Resolution # Green Sheet # �� � �� � � RESOLUTION ' OF SAINT PAUL, MINNESOTA I(p 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 Presented By Referred To CHANGE WHEREAS, the City of Saint Paul receives Community Development Block Grant (CDBG) funding from the U. S. Department of Housing & Urban Development (HUD), and WHEREAS, the City is required to expend CDBG funding in a timely manner, and WHEREAS, there are a number of CDBG funded projects w+th fund balances which are available to be transferred to projects which need additional funding and are able to expend the CDBG funding in a timely manner; now, therefore be it RESOLVED, that upon the recommendation of the Mayor, the Council of the City of Saint Paul does hereby approve the foliowing amendment to the Community Deveiopment Block Grant Fund: CURRENT BUDGET Capital City Business Devel. P6-100-96007-0583-00519 $ 855,530.61 Comp. Homeown. Opp. Fund P6-100-91021-0549-01019 $ 2,126,971.91 Unspecified Contingency P6-100-94002-0555-00503 $ 273,704.05 Nbrhd. Revit. Acq. Fund P6-100-91024-0549-01022 Wilder Co-Op P6-100-96004-0584-01199 Total Changes $ 1,000,000.00 $ 250,000.00 $ (850,000.00) $ (400,0��.00) $ (140,OOOAOj $1,250,000.00 $ 140,000.00 Committee: Date AMENDED BUDGET $ 5,530.61 $ 1,726,971.91 $ 123,704.05 $ 2,250,000.00 $ 390,000.00 � 45 V�'1, { 46 FURTHER RESOLVED, that the mayor or his designated representatives, PED Grants Management staff, 47 are further authorized to submit to FiUD any assurances, certifications, technical changes, or additionai 48 information that may be required to amend the City's CDBG Program. 44 Requested by Department of: By: Approved by BY: P1a & Economi. ve o ment � B � Approved by Financial Services �--ll \,.f By: P�— Form Appro L:. Adoption Certified by Council Secretary � Green Sheet Green Sheet Green Sheet Green Sheet Green Sheet Green She�et� Departme�lofficelcouncil: ' Date Initiated: � j � Green Sheet NO: 3012155 PE — p���ng&F�onomicIlevelopment 23FE6-04 i ( ConGact Person & Phone• � Deoartrnent SeM To Person � In" ate ,qf Ron Ross, Bob Hamme� � 0 planuine & Ec000mic Develoo � 1 /Z �" 1 I � 6-6bg3 Assign 1 iPlanniue&EconomicDeveloo � DeoarimentDirector Must Be on Council Agenda by (Date): Number Z itv Attoroev �,i1 _ I For l Routing 3 avor's Office I Mavor/Assistant I � i Order 4 ouucil I I 5 �CiN Clerk C'iv Clerk Total # of Signature Pages � (Clip All Locations for Signature) Action Requested: Approval of the attached resolution, which will reallocate CDBG funds to ptovide addirional funding for the Neighborhood Revitalization Acquisition Fund and the Wilder Cooperative Housing Project. Recommendations: Approve (A) or Reject (R): Personal Service Contracks Must Answer the Following Questions: Planning Commission �, Has this person/firm ever worked under a contract for this department? CIB Committee Yes No Civil Service Commission 2. Has this petson/firm ever been a city employee? Yes No i 3. Does this person/firm possess a skill not normafiy possessed by any current city employee? Yes No Explain all yes answers on separate sheet and attach to green sheet Initiating Problem, Issues, Opportunity (Who, What, When, Where, Why): The Acquisition Fund and the Wilder Co-op Project can use addirional CDBG funding, and the expenditure of these funds will assist the City in meeting HT JD timely expenditure requirements. AdvantageslfApproved: � Both acrivities will have additional CDBG funding, and the City wIll meet its rimely expenditure requirements. ������� DisadvanqAes If Approved: f� 8 2� z�yQ4 None ��� L � 4 N 0�1�! � Disadvantages If Not Approved: Additional CDBG funding will not be available for the acrivities, and the City may be in jeopazdy of ineeting its timely expenditure requirements. I Totaf Amount of q 390000 CostlRevenue Budgeted: y Transaction: � Fundinq Source: CDBG Activity Number: P6-100-91024-0549-01022 - P6-100-96004-0584-011� FinanCial Information: � (EzPlain) ,qPy pi ��r..^.�rr:�, �., = - �'r`}�... _ , . . .. . x a