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HomeMy WebLinkAboutReso 91-152 - Approve additional fund agreement for the Community Block Grant Entitlement Grant for the COR RESOLUTION NO.!Z -/SL A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDDING APPROVING AN ADDITIONAL FUND ASSIGNMENT FOR THE COMMUNITY DEVELOPMENT BLOCK GRANT (CDBG) ENTITLEMENT GRANT FOR THE CITY OF REDDING AND AUTHORIZING THE CITY MANAGER TO SIGN SAME. WHEREAS, the City of Redding has received $402,000 in Community Development Block Grant Funds for 1990-91; and WHEREAS., the United States Department of Housing and Urban Development has notified the City of Redding that an additional $4,000 is now available; and WHEREAS, the City of Redding has adopted a Final Statement of Community Development Objectives and Projected Use of Funds in the amount of $406,000 and the additional funds are reflected in this Final Statement. I NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Redding as follows: 1. The City Council of the City of Redding hereby approves the Community Development Block Grant Entitlement Program between the City of Redding and the Department of Housing and Urban Development in the total amount of $406,000.00 for fiscal year 1990. 2. The City Manager of the City of Redding is hereby authorized and directed to sign all necessary documents on behalf of the City of Redding and the City Clerk is hereby authorized and directed to attest the signature of the i City Manager and to impress the official seal of the City of Redding on the ' aforesaid documents, when appropriate. 3. A true copy of the grant referred to herein is attached hereto and made a part thereof. I I I HEREBY CERTIFY that the foregoing Resolution was introduced and read at a regular meeting of the City Council of the City of Redding on the 16th day i of April 1991, and was duly adopted at said meeting by the following i vote: AYES: COUNCIL MEMBERS: Arness, Dahl, Fulton, Moss and Buffum NOES: COUNCIL MEMBERS: None ABSENT: COUNCIL MEMBERS: None ABSTAIN: COUNCIL MEMBERS: None N NCY FUM, yor City orAedding ATTEST: ETHEL A. NICHOLS, City Clerk FORM APPROVED: RA DALL A. HA S, Itity Attorney l i I I I - 2 - TEA\30:RES.CC i=aart�iiny Approval • U.S.Departmen ng t Housing and Communit and urban Devel t o Under.Title i of he g y Development Act of 1974 Public Law 93-383 as Amended Community Development Block Grant Program HI-00515R. Name of Grantee 2. Grant No. REDDING, CALIFORNIA B-90—MC-06-0033 3. Grantees Address(Include Street.City,County,State and Zip Code) 4. Date of Submission MARCH 7, 1991 760 PARKVIEW AVENUE S. Data o1 HUD Receipt of Submission REDDING, CA 96001-3396 Onto Grantee Notified Start of Program Year 6. Original Funding Approval 1 Admendment.Admendment No. All section references below are to the Housing and Community Development Act of 1974,as amended,unless otherwise indicated. 7. Category of Community Development Block Grant for This Funding Action (Check only one) a. Entitlement(Sec. 106(b)) b. ❑ HUD Administered Small Cities(Sec. 106) (d) (2) (B) c. ❑ Secretary's Discretionary(Sec. 107) a.Amount of Community Development Block Grant FY FY FY 1990 a. Amount of CDBG Funds Currently Reserved for this Grantee $ $ $ 402,000 b. Amount of CDBG Funds Now BeingApproved for this Grantee $ $ $ 4,000 PP c. Amount of Reservation to be Cancelled (Line 8a minus 8b) $ $ $ HUD ACCOUNTING USE ONLY BATCH TAC ROGRA V A REG AREA DOCUMENT NO. PROJECT NUMBER — S 1 7 6 TTM IE7 0 8 2 11111 L 1 4 9 12 13 14 16 18 23 30 35 I CATEGORY AMOUNT 1 EFFECTIVE DATE F AMOUNT 2 SCHEDULE NO. El 11 38 41 45 50 54 60 61 65 70 74 79 9. Distribution of Community Development Block Grant FY FY FY 1990 a. Grant amount withheld for payment of principal and interest on loans guaranteed pursuant to Sec. 108 $ $ $ b. Grant amount deducted by HUD to settle outstanding Urban Renewal Loans(Sec. 112 (a)(1)) $ $ $ C. Sum of lines 9a,and 9b $ $ $ d. Amount of CDBG Funds available for disbursement $ $ $ 406,000 (Line 8b minus 9c) 1o. Amount of Surplus Urban Renewal Funds approved and balance available(Sec.112(b)) a. Amount of surplus U.R. Funds reserved for this grantee $ b. Amount of surplus U.R. Funds now being approved $ c. Balance of surplus U.R. Funds available for future use (Line 10a minus 10b) $ , HUD ACCOUNTING USE ONLY BATCH TAC ROGRA Y A REG AREAM DOCUMENT NO. PROJECT NUMBER — S 1 5 3 1 7 6 71018121 1 4 9 12 13 14 16 18 23 30 35 CATEGORY AMOUNT t EFFECTIVE DATE F AMOUNT 2 SCHEDULE NO. 38 41 45 50 54 60 61 65 70 74 79 11. Maximum amount of loan guarantee commitment available and amount now being approved. a. Grantee's latest entitlement amount—$ x 3 $ b. Principal amount of outstanding loans pursuant to Section 108 $ c. Amount of outstanding loan guarantee commitments approved pursuant to Section 108 $ I d. Maximum amount of loan guarantee commitment available(Line 11a minus 11b,and 11c) $ e. Amount of loan guarantee commitment now being approved $ 12. Recipient of loan guarantee(Check applicable box) a. ❑ Grantee identified in block No. 1 i b. ❑ Public Agency designated to receive loan guarantee(Name and address) 13. Special conditions(Check applicable box) a. ❑ Not applicable b. ® Attached i J , 9 i I i U.S. Department of Housid Urb Development C - li�. ORDON H. MCKAY, DIRECTOR OFFICE OF COMMUNITY PLANNING & DEVELOPMENT Title Date MAR Grant Agreement and Loa* U.S.Department of Hou and Urban Development Guarantee Acceptance Pro.Mons Community Development Block Grant Program Grant Agreement This Grant Agreement is made by and between the Department of Housing and Urban Development (HUD) and THE CITY OF REDDING, CALIFORNIA (the Grantee) pursuant to the authority of Title I of the Housing and Community Devel- opment Act of 1974(Public Law 93-383),as amended.The Grantee's submissions for Title I assistance and the HUD regulations at 24 CFR Part 570(as now in effect and as may be amended from time to time),which are incorporated by reference,together with the HUD Funding Approval Form 7082 and any special conditions, which are hereto attached, constitute part of the Agreement. li In reliance upon and in consideration of the mutual representations and obligations hereunder,HUD and the Grantee agree as follows: Subject to the provisions of this Grant Agreement, HUD will make the funding assistance for Fiscal Year 19 90 specified in the attached HUD Funding Approval Form 7082 available to the Grantee upon execution of the Agreement by the parties.The obligation and utilization of the funding assistance provided is subject to the requirements of the regulations and any special conditions set forth in the HUD Funding Approval Form 7082, including the requirement for a release of funds by HUD under the Environmental Review Procedures at 24 CFR Part 58 for any activities requiring such release. The Grantee agrees to comply with all applicable requirements of Titles 11 and III of the Uniform Relocation Assistance and Real Property Acquisition Policies Act of 1970(42 U.S.C.4601)as specified in regulations issued by the Secretary and published in 24 CFR Part 42. The Grantee further agrees to assume all of the responsibilities for environmental review,decision making and actions,as specified and required in regulations issued by the Secretary pursuant to section 104(f) of the Act and published in 24 CFR Part 58. The Grantee further agrees to accept responsibility for adherence to the Agreement by subrecipient entities to which it makes funding assistance hereunder available. U.S. Department of Housing d Urban Development GORDON i CKAY, DIRECTOR OFFICE OF COMMUNITY PLANNING & DEVELOPMENT Title Date MAR 0 7 1991 1 The Grantee a REDDING, CALIFORNIA By Title Date 11 Loan Guarantee Acceptance Provisions (Use only for Section 108 Loan Guarantee Assistance to designated public agency) The public agency hereby accepts the Grant Agreement executed by the Department of Housing and Urban Development on 1 with respect to grant number as gnated to receive loan guarantee assistance,and agrees to comply with the terms and conditions of the Agreement,applicable regulations,and other requirements of HUD l now or hereafter in effect,pertaining to the assistance provided it. I it Name of Public Agency/Grantee Signature of Authorized Official Title — - Title ♦ t Instructions for Compieti � U.S.Department of Hog . 0 and Urban Development Funding Approval Form Community Development HUD-7082 Block Grant Program Block No. (a) Enter the amount to be withheld for payment_of princip; and interest due the purchaser of notes or other obligatior 1. Enter the Grantee's name as shown in Item 4 of Standard form guaranteed pursuant to section 108, or, if applicable, ft 424. repayment due the United States as a result of guarantee made pursuant to section 108. 2. Enter the number shown in Item 30of Standard Form 424,and (b) Enter the amount deducted by HUD pursuant to 24 CF indicate the Fiscal Year for which the funding is to be made. NOTE:If reallocated funds are being made available as a supple- 570.802 used for repayment of urban renewal loan: ment to an existing grant,enter in addition to the grant number for Attach schedule, edd ule, indicating the following for each loan: the current fiscal year,the grant number for the grantee applicable Project Number: to the reallocated fund(i.e.if the grantee's FY 1985 grant number is Amount of CDBG funds to be applied to loan repayment: B-85-MC-99-0001 and the grantee will also receive allocated funds appropriated in FY 1984. also enter B-84-MC-99-0001). $ 3. Enter the Grantee's complete address as shown in Item 4 of (c) Add the amounts on lines 9a and 9b and enter the sum o Standard Form 424. this line. (d) Subtract the amount on line 9c from the amount on lin, 4. Enter the date of submission or amendatory shown in Item 23 8b and enter the difference on this line.This is the amount c of Standard Form 424. CDBG funds made available by this Funding approval forn for disbursement through the grant payment system (e.g. 5. (a) Enter the month, day and year that the submission or letter of credit). amendatory was received. provided that it was judged to be complete. If the submission was incomplete. enter the date 10. Complete only if surplus grant funds remained after tht that the additions which made it complete were received. financial settlement of urban renewal and/or NDP project(s),an( (b) Enter the date that the Grantee is notified of funding those f unds have been reserved to this Grantee Reference:24 CFF approval. This will be the date appearing on the letter trans- 570.801. mitting the HUD-7082 to the Grantee and is considered the (a) Enter the amount of surplus U.R.funds reserved for thi: point of obligation for accounting purposes. Grantee. Verify this amount with the Regional Accounting (c). Enter date program year starts. Division. On the first Funding Approval form in which thi; block is completed, enter the total amount of surplus U.R 6. Check the appropriate box.Check"Original Funding Approval" funds reserved for this Grantee via Form HUD-718. On sub. for the first funding approval form executed under the grant sequent Funding Approval forms,whetheroriginal oramend- number shown in Block No. 2. Check "Amendment" for sub- ment, enter the balance of surplus U.R. funds available fo sequent funding approval forms executed under the same grant future use, as shown on line 10c of the previous Fundinc number. Number amendments under the grant number consecu- Approval form, plus any additional amount of surplus U.R tively starting with "I. funds reserved for this Grantee via Form(s) HUD-718. (b) Enter the amount of surplus U.R. funds now being 7. Check the appropriate box. approved for use by this Grantee. This amount will be dis- bursed through the grant payment system being used foi 8. The amounts entered in this block shall pertain only to funds CDBG funds(e.g.,letter of credit). If a letter of credit is being appropriated to CD Block Grants.They shall not include amounts used to disburse CDBG funds,the same letter of credit will be pertaining to surplus urban renewal funds, which are handled used to disburse surplus U.R.funds. separately in Block No. 10. If grantee is to receive reallocated (c) Subtract the amount on line 10b from the amount on line funds from prior Fiscal Year(s) in addition to its formula amount 10a and enter the difference on this line. from the current Fiscal Year, complete one column for each separate Fiscal Year: otherwise leave the first two Fiscal Year 11 (a) Enter an amount equal to three times the Grantee's cur- columns blank. rent entitlement amount. (a) Enter the amount of CDBG funds currently reserved for (b) Enter the principal amount of outstanding loans guaran- this Grantee under the grant number shown in Block No.2. If teed pursuant to Section 108.. amendment, enter the amount of CDBG funds which have been reserved since the completion of the previous Funding (c) Enter the amount of outstanding commitments to guaran- Approval form. tee loans made pursuant to Section 108 (approved commit- (b) Enter the amount of CDBG funds now being provided to ments minus outstanding loans guaranteed). this Grantee. If amendment, enter only the increase (+) or (d) Subtract the amounts on line 11b and 11c from the decrease(-) in the amount of CDBG funds approved for use amount on line Ila and enter the difference on this line. by this Grantee under the grant number shown in Block No.2. (e) Enter the amount of the loan guarantee commitment now (c) Subtract the amount on line 8B from the amount on line being approved forthis Grantee.NOTE:the amount approved 8a and enter the difference on this line. cannot exceed the amount on line 11e. 9. The amount entered in this block shall pertain only the distri- 12. Check the appropriate box.If applicable,enter the name and bution of the grant amount shown on line 8b. If grantee is to complete address (Street, City, County, State and ZIP Code) of receive reallocated funds from prior Fiscal Year(s)in addition to its any public agency designated and attach special Acceptance formula amount from the current Fiscal Year, complete one Provision. column for each separate Fiscal Year:otherwise leave the first two iriscal Year columns blank. 13. Add Special Conditions, if applicable. —