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HomeMy WebLinkAboutReso 2006-028 RESOLUTION NO. 2006-028 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA AUTHORIZING THE REALLOCATION OF COMMUNITY DEVELOPMENT BLOCK GRANT FUNDS AND RESIDENTIAL CONSTRUCTION TAX FUNDS AMONG VARIOUS EXISTING CAPITAL IMPROVEMENT PROJECTS WHEREAS, reallocation of Community Development Block Grant (CDBG) funds and Residential Construction Tax (RCT) funds has become necessary in an effort to expend funds in a timely manner to various CDBG eligible existing capital improvement projects as well as reallocate funds in older projects to current year projects and recover staff time as necessary; and WHEREAS, the City's budget transfer policy calls for City Council's approval for transfers more than $15,000 between project budgets; and WHEREAS, through close communications with Community Development staff, it has been determined that various inter-project transfers are necessary to expend CDBG funds in a timely manner thus necessitating the reallocation of CDBG funds between existing CDBG eligible capital improvement projects; and WHEREAS, in addition, some of the transfers will reallocate funds in older projects to current year programs for expenditure and recover staff time as necessary; and WHEREAS, the various inter-project transfers are detailed in Attachment A; and WHEREAS, regarding capital improvement projects PS145 and STM354, the transfer "out" of CDBG funds from PS145 will be replaced by the transfer "in" of RCT funds from STM354 and vice versa; and WHEREAS, there is no impact to the General Fund as all the transfers are from existing CDBG funds. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Chula Vista does hereby authorize the reallocation of Community Development Block Grant (CDBG) funds and Residential Construction Tax (RCT) funds among various existing capital improvement projects as depicted on Exhibit A attached hereto. Presented by Approved as to form by Director 1\~'-)\CN~\Ar\(~~ Ann Moore ' City Attorney Resolution No. 2006-028 Page 2 PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula Vista, California, this 24th day of January 2006 by the following vote: AYES: Councilmembers: Castaneda, Chavez, McCann, Rindone, and Padilla NAYS: Councilmembers: None ABSENT: Councilmembers: ATTEST: --:. :JJ J /, . ~ ~ r> Susan Bigelow, MMC, Ci lerk -> 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. 2006-028 was duly passed, approved, and adopted by the City Council at a regular meeting of the Chula Vista City Council held on the 24th day of January 2006. Executed this 24th day of January 2006. ~ ~--l Jll . ~':f J ~ ..J Susan Bigelow, MMC, City Cl J Resolution No. 2006-028 Page 3 <( f- Z w :2 :r: u <( f- !;( '" 000 ~"E fJ) "E::; CD CD 'in ~.91 E E ro CD c.. CD CD c: c: > CIJ > > <:(oez 012 ,SU en ....E_E .- E ~ c ~(I)~Q) ~Q) Ec:ctiECl)OJ~ ctI 0 CD c: c: ....u~~.~~'ro e&:2c..ro"roo a.. >. CI) E .... .... I.OClJQ)_OOa; ~ ~ :J..... c: CD e c: "'0 C ~ "US OJ..... o CCI CD .... ctI .... (/) ~e~U3rnU5c: 2CD.r::.f/)ccnO CI).r::.1::ctlOctl~ Q)1::::I:c{5:g~ ~~~~":;r-W "' 13 " "e- o.. "0 " "0 <:: ::J u- C) CD o 8 '" <:: o ~ " .Q Cij " oc 13 " "e 0.. 0.. 13 - o u; ::J '" '" " " to ro -51:3(0 r.ctlJ OJ 0)0 0 z EE~~~'" :;::::.;::: _ 0 ~ ~ ~I;:OQ)O .... .e.e~..c~ CD I/J 1I)"j;: Q;';:: '00 C) 0._ c.. CD 0 c: c: <:( ff.I <( t;: C\I :C~E~E~~ c: c: ..... CD co ss-g.....-g:s!(1) $'s-cO"CQ)C 66 a5 0:: a5 ~; oo~~;[5~ __Q)cnQ)Cf)rn a3a5"'Ot5'tJC)cnt) EEEE~Q)~.~Q) OOCDQ)CIJ'OQ)"'O.Q ()U~~Q)a:CD3.e ::I :J c: eLL...... ..c..c U) Q) en .... U (L).(1) E E"'C ::;"'C Q).92.. e";D"Q35'555E a..O::O::u. u..u... o a.. (OC\!I'--- ID 1.0 I"--<o::t1.O CD L() 0)00 t- 0 "':..q--M' oo:i r--: .....tfl<o::t' 0 CJ:I to'7 tfl ...... tA- ... "' "' .... -.' o ~ ... '" o _OLn ..,.00 00>- (;sC\lu.. 0": c: 20 C:p " '" ~~C"')cn :=! .....,.... ..... Lt')..., NNr'1M-.;tC"') .....I.....J ...J ~ "' "' o ....- '" ... " <:: o '" '" o o N .S: "0 2 g :5 .s "0 <:: '" ;;; '" ... '" "' "'''' ~ 0 -.:ir-: ~..,. "'... ... .... '" "'- ..,. N ~ ... "0 ~ ~ o ~~ "'0 N'" -' -' f-f- (f)(f) "'....'" "' 13 " "e- o.. "0 " "0 <:: ::J u- f- U e;. '" <:: .Q ro " .Q Cij " OC 13 " 'e- 0.. 0.. 13 a u; ::J