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HomeMy WebLinkAboutReso 1999-19450 RESOLUTION NO. 19450 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA AUTHORIZING REALLOCATION OF $269,876 FROM PRIOR YEAR COMMUNITY DEVELOPMENT BLOCK GRANT FUNDS TO INCORPORATE IN THE FISCAL YEAR 1999-2000 ENTITLEMENT RECEIVED FROM HUD WHEREAS, the City will receive a 1999-2000 CDBG entitlement of $2,020,000; and WHEREAS, the City will receive a 1999-2000 HOME entitlement of $843,000; and WHEREAS, the City has deternqined that all of the proposed activities meet the CDBG national objectives to benefit primarily low-income households or aid in the elimination of slums and blight; and WHEREAS, the prior year CDBG funds earmarked for reallocation are from projects and program that have been completed. The reaHocation of said funds will not impact current programs and projects and will further assist in providing benefits to the community. NOW, THEREFORE, BE IT RESOLVED that based on the findings above, the City Council of the City of Chula Vista does hereby authorize reallocation of $269,876 from prior year Community Development Block Grant funds to incorporate in the Fiscal Year 1999-2000 entitlement received from HUD. Presented by Approved as to form by Chri e Community Development Director rney ............. 'T"' mT Resolution 19450 Page 2 PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula Vista, California, this 4th day of May, 1999, by the following vote: AYES: Councilmernbers: Davis, Moot, Padilia, Salas and Horton NAYS: Councilmembers: None ABSENT: Councilmembers: None ABSTAIN: Councilmembers: None Shirley Hor~n/n; Mayor ATTEST: Susan Bigelow, City Clerk STATE OF CALIFORNIA ) COUNTY OF SAN DIEGO ) CITY OF CHULA VISTA ) I, Susan Bigelow, City Clerk of Chula Vista, California, do hereby certify that the foregoing Resolution No. 19450 was duly passed, approved, and adopted by the City Council at a regular meeting of the Chula Vista City Council held on the 4th day of May, 1999. Executed this 4'h day of May, 1999.