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HomeMy WebLinkAboutReso 1982-10756 RESOLUTION NO. 10756 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA TRANSFERRING BLOCK GRANT FUNDS FROM COMMERCIAL REHABILITATION TO THIRD AVENUE STREET IMPROVEMENTS The City Council of the City of Chula Vista does hereby resolve as follows: WHEREAS, the City's Commercial Rehabilitation Program is currently funded by a combination of Block Grants and Redevelopment funds; and, WHEREAS, the Block Grant funds are subject to various federal regulations which inhibit the implementation of the program; and, WHEREAS, the Third Avenue Street Improvements Project also includes both Block Grant and Redevelopment Agency funds; and, WHEREAS, it would be proper and advantageous for Block Grant funds to be transferred to the Third Avenue Project and for Agency funds to be transferred to the Commercial Rehabilitation Program. NOW, THEREFORE BE IT RESOLVED that the amount of $31,000 of Block Grant funds in the Commercial Rehabilitation Program be transferred to the Third Avenue Street Improvements Project, $25,000 from the Seventh Year Block Grant (fund 630), and $6,000 from the Fifth Year Block Grant (fund 633). Presented by ,~~ Development Director Approved as to form by /W%~r' ~ / / 'A'Y_" ,- ;?j , ~:,. George O. Lindberg, City Attotri~; ADOPTED AND APPROVED by the CITY COUNCIL of the CITY of CHULA VISTA, CALIFORNIA, this 26th day of January , 19~, by the following vote, to-wit: NAYES: Councilmen Campbell, McCandliss, Scott, Cox, Gillow None AYES: Councilmen ABSENT: Councilmen None Mayor Vista STATE OF CALIFORNIA) COUNTY OF SAN DIEGO) ss. CITY OF CHULA VISTA) I, , City Clerk of the City of Chula Vista, California, DO HEREBY CERTIFY that the above is a full, true and correct copy of Resolution No. , and that the same has not been amended or repealedo DATED City Clerk