HomeMy WebLinkAboutReso. 1987 - 217 - Approving the community development block grant (CDBG) entitlement grant for the city of redding RESOLUTION NO. 87i?
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDDING
APPROVING THE COMMUNITY DEVELOPMENT BLOCK GRANT A(CDBG)
ENTITLEMENT GRANT FOR THE CITY OF REDDING AND AUTHORIZING
THE CITY MANAGER TO SIGN SAME.
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 amount of $419 , 000 . 00 for fiscal year 1987.
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 aiLthorized and
directed to attest the signature of the 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 HEREBY CERTIFY that the forgoing resolution was intro-
duced and read at a regular meeting of the City Council of the City
of Redding on the 21st day of July , 1987 , and was duly adopted
at said meeting by the following vote:
AYES: COUNCIL MEMBERS: Carter, Fulton, Gard, Johannes en, & Dahl
NOES: COUNCIL MEMBERS: None
ABSENT: COUNCIL MEMBERS: None
ABSTAIN: COUNCIL MEMBERS: None
MIKE DAHL, Mayor
City of Redding
ATTEST:
22;e-eg74C-
ETHEL A. NICHOLS, City Clerk
City of Redding I�
APPROVED AS TO FORM:
&�f' zd
RANDALL A. HAYS, Cit Attorney
Cit of Redding
U.S. De- • . u:;tdIng Approval • rtmen Dualng
and Urban Dove rat
Pa
Under Title I of the Housing and Co nity
Development Act of 1974 (Public Law 93-383) as Amended Community Development i r
Block Grant Program
HI-09515R
t Nang of Grants a. Gram No.
CITY OF REDDING, CALIFORNIA B-87—Mi-06-0033
3. Grantee',Address,tnctud.Street.City.County.Stan and Zip Cod., 4. Day of Submission
760 Parkview Avenue May 7, 1981
Redding, CA 96001 S. Data el isuO itecioot.lSubn,salon 05/11/87
• Delo Grantee N.nn.s JUN 1 1 1987
syn of Program Y..r 07/01/87
(County of Shasta, CA) G. El Onglnai Funding Approval
0 Ad .ndrnuK
mAdm.ndmont No.
I
• All section references below are to the Housing and Community Development Act of 1974,as'amended.unless'otherwise indicated.
7. Category at Community Development Block Grunt for This Funding Action
(Chaco Only oro)
a. ® Entitlement(Sec. 106(b))
b. 0 HUD Administered Small Cities(Sec. 106)(d) (2) (B)
c. 0 Secretary's Discretionary(Sec. 107)
•
s.Amount of Community Development stock Grant FY FY FY 1987
•
a. Amount of CDBG Funds Currently Reserved for this Grantee S. $ $ , -419,000
b. Amount of CDBG Funds Now Being Approved for this Grantee S $ $419,000
c. Amount of Reservation to be Cancelled (Line Ba minus 8b) $ $ S
•
HUD ACCOUNTING USE ONLY
BATCH TAC PROGRAM YA REG AREA DOCUMENT NO • PROJECT NUMBER — s
I [ 1.76 `. I I 7082
1 4 9 12 13 14 16 1.8 23 30 35
CATEGORY AMOUNT I EFFECTIVE DATE F AMOUNT 2 I SCHEDULE NO
III , •
38 41 45 50 54 60 61 65 70 74 79
d
S. Dt.trww.n of Community D...topm.nt Stock Gram FY Pt' FY 1987
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 S S $
d. Amount of CDBG Funds available for disbursement 419,000
(Line 8b minus 9c) S S I $
10. Amount of Surplus Urban R.ne*.t Funds apposed and balance..s.tab4(S.c.112(b))
a. Amount of surplus U.R. Funds reserved for this grantee $ .
b. Amount of surplus U R. Funds now being approved S
c. Balance of surplus U R. Funds available for future use(Line 10a minus 10b) $
Pm-nous Esta,ra are°avows
HUD-7082 (1283)
24 CFR 570
•
410
HUD ACCOUNTING U8E ONLY S
BATCH
TAC PROGRAM Y A REG AREA DOCUMENT NO. PROJECT NUMBER — S
153
1 7 6 7 0 8.2
1 4 9 12 13 14 16 18 23 30 35
CATEGORY AMOUNT 1 EFFECTIVE DATE F AMOUNT 2 SCHEDULE NO.
38 41 45 50 54 60 61 65 70 I 74 79
11. Maalnnnat anrovM of ban o n.M,.oomwMbn.n1 oadlabl.and amount nom 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 $
d. Maximum amount of loan guarantee commitment available(Line 11a minus 11b,and 11c) $
e. Amount of loan guarantee commitment now being approved $
12. R.dpl.nt of ban guarantee(CA.ce app+.cable boa) -
a. O.Grantee identified in block No. 1
•
b• 0 Public Agency designated to receive loan guarantee(Name and address)
13. Speclai candidate(Chace applicable boa) .
a. 0 Not applicable b. ® Attached
U.S.Department of Housing and Urban Development
By Gordon H. McKay, r7dector
Office of Community Planning _
Title and Development 2 9 MAY 1987
Date
HUD-7082(1243)