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G-00-10-12-9A1 - 10/12/2000ORDINANCE NO. 13 " CO- / O 0- 9A AN ORDINANCE APPROVING AND ADOPTING A BUDGET FOR THE COMMUNITY DEVELOPMENT BLOCK GRANT PROGRAM FOR THE 2000-2001 FISCAL YEAR. WHEREAS, the Community Development Block Grant program has submitted a proposed operating budget for fiscal year 2000-2001, and WHEREAS, the City Council wishes to approve said proposal, Now Therefore BE IT ORDAINED BY THE COUNCIL OF THE CITY OF ROUND ROCK, TEXAS, THAT: That the operating budget submitted by and for the Community Development Block Grant program for fiscal year 2000-2001, attached hereto as Exhibit "A", is hereby approved. The City Council hereby finds and declares that written notice of the date, hour, place and subject of the meeting at which this Ordinance was adopted was posted and that such meeting was open to the public as required by law at all times during which this Ordinance and the subject matter hereof were discussed, considered and formally acted upon, all as required by the Open Meetings Act, Chapter 551, Texas Government Code, as amended, and the Act. READ and APPROVED on first reading this the v day K:\WPDOCS\ORDINANC\000928A1.WPD/sc , 2000. READ, APPROVED and ADOPTED on second reading this the th ,QC day of ATTEST: 111 J014 E LAND, City Secretary 2 , 2000. (IT.�►:1 d RO=. A. STLUKA, JR , Mayor City of Round Rock, Texas City of Round Rock CDBG Fund # 790 Analysis of Fund Balance 09/08/00 Estimated Fund Balance 10/1/00 Less Reserves (*1) Estimated Revenue (FY 2000-2001) Total Funds Available Estimated Expenditures (FY 2000-2001) Estimated Unreserved Fund Balance 9/30/01 *1 - Reserves are established in accordance with operating reserve policies. $ 0 0 433,000 433,000 (433,000) $ 0 City of Round Rock CDBG Fund #790 2000-2001 Proposed Budget Beginning Unreserved Fund Balance 10/1/00 REVENUES: CDBG 410,000 413,000 433,000 $0 Total Revenues EXPENDITURES: Project 1: Neighborhood Enhancements Project 2: Economic Opportunities Project 3: Home Ownership Assistance Project 4: Public Services Project 5: Program Administration Total Expenditures 410,000 413,000 433,000 240,000 135,400 15,000 50,000 75,000 75,000 60,000 120,000 197,000 0 0 64,950 60,000 82,600 81,050 410,000 413,000 433,000 Operating Reserves* Estimated Unreserved Fund Balance 9/30/01 *Operating Reserves are established in accordance with operating reserve policies. FY00-01budget.xls 1 0 $0 OFFICE OF ASSISTANT SECRETARY FOR COMMUNITY PLANNING AND DEVELOPMENT U.S. Department of Housing and Urban Development Washington, D.C. 20410-7000 Mayor City of Round Rock 221 E. Main St. Round Rock, TX 78664 Dear Mayor December 29, 1999 RECF,r'Jar Mgt 1 ft 9Apn On behalf of Secretary Cuomo, I am pleased to announce your Fiscal Year (FY) 2000 formula allocation under the Community Development Block Grant (CDBG), HOME Investment Partnerships, Emergency Shelter Grant (ESG), and Housing Opportunities for Persons with AIDS (HOPWA) programs. The Department's FY 2000 budget is the best allocation in HUD's history, and provides an overall increase of $1.5 billion over the FY 1999 budget, and a $27.1 million increase in CPD formula funding. Your total Fiscal Year 2000 Formula Allocation is $433,000 for the following program(s): CDBG $433,000 HOME $0 ESG $0 HOPWA $0 As you know, a prime concern of the Department is that grantees carry out their CDBG funded activities in a timely manner. HUD is pleased to note that your community is currently meeting the CDBG timely expenditure performance standard. The Department recognizes the efforts made at the local level to bring the activities envisioned in the Consolidated Plan into fruition for the benefit of low- and moderate - income persons and commends local officials for their timely implementation of CDBG funded activities. HUD looks forward to working with you to achieve your community's strategic vision as described in your Consolidated Plan. In 1996, we provided a way for all grantees to enhance the strategic use of their Consolidated Plan and have strongly encouraged the creation of Neighborhood Revitalization Strategy Areas (NRS). These self defined reinvestment areas allow a locality greater programmatic flexibility when using CDBG funds in distressed neighborhoods. Conceptually, these areas can be designed to carry out affordable housing strategies which can stimulate new investment of private sector capital; provide flexibility to galvanize job development partnerships for low/moderate income persons; and create neighborhood strategies dealing with issues such as crime prevention and education. An NRS designation will enable your locality to more creatively approach the development of distressed neighborhoods. This will allow your professionals to concentrate on the project more rather than on concerns about meeting a HUD program requirement. An NRS provides certain CDBG regulatory exceptions. I strongly urge you and your elective body to consider taking advantage of the NRS opportunity if you have not already done so. For your use, I am enclosing a copy of the "CDBG Neighborhood Revitalization Strategy Notice." The local HUD office will be more than pleased to dialogue with you or your staff and assist you in obtaining a NRS designation in this new millennium. On behalf of the Department, I wish you much success in the use of these resources to implement your community development initiatives. Since -ly, Cardell Cooper Assistant Secretary Date: October 6, 2000 Subject: City Council Meeting — October 12, 2000 Item: 9.A.1. Consider an ordinance approving and adopting a budget for the Community Development Block Grant (CDBG) program for the 2000-2001 fiscal year. (Second Reading) The 2000-2001 Community Development Action Plan approved by City Council on August 10, 2000 identifies activities that will be wholly or partially funded with CDBG funds. The $433,000 block grant budget will fund the following activities: Improvements to Buck Egger Park; operation of the microenterprise assistance center "Connection Station"; down payment assistance for first time homebuyers, land acquisition for the development of affordable housing, grants for public services, job training, and program administration. Staff Resource Person: Joe Vining, Planning Director.