G-99-04-08-10A1 - 4/8/1999ORDINANCE NO. &- 99- r 'O8" )OA /
AN ORDINANCE APPROVING AND ADOPTING A BUDGET FOR
THE COMMUNITY DEVELOPMENT BLOCK GRANT PROGRAM
FOR THE 1998-99 FISCAL YEAR.
WHEREAS, the Community Development Block Grant program has
submitted a proposed operating budget for fiscal year 1998-99, 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 1998-99, 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 c S Vday
of TrlaALLA-) , 1999.
READ, APPROVED and ADOPTED on
day of
second
1999.
reading
this
the
NE LAND, City Secretary
K:\WPDOCS\ORDINANC\090325C4.WPD/scg
CHARLES CULPPPE'R, Mayor
City of Round Rock, Texas
City of Round Rock
CDBG. Fund #
1999 Proposed Budget
Beginning Unreserved Fund Balance 10/01/98
REVENUES:
CDBG
Total Revenues
EXPENDITURES:
$0
0 0 410,000
0 0 0
0 0 0
0 0 0
0 0 410,000
Project 1: Neighborhood Revitalization Program 0 0 240,000
Project 2: Economic Opportunities Program 0 0 50,000
Project 3: Home Ownership Assistance Program 0 0 60,000
Project 4: Program Administration 0 0 60,000
Total Expenditures 0 0 410,000
Change In Operations 0 0 0
Operating Reserves 0
Estimated Unreserved Fund Balance 9/30/99 0
budmisc
City of Round Rock
CDBG Fund #
1999 Proposed Budget
Estimated Fund Balance 10/1/98
Less Reserves (*1)
Estimated Revenue
Total Funds Available
Proposed Expenditures
Estimated Unreserved Fund Balance
*1 - Reserves are established in accordance with operating reserve policies
budmisc
$0
0
410,000
410,000
(410,000)
$0
Date: April 2, 1999
Subject: City Council Meeting - April 8, 1999
Item: 10.A.1. Consider an ordinance adopting a Community
Development Block Grant (CDBG) program budget
for the 1998-99 fiscal year. (Second Reading) The
1998-99 Action Plan approved by City Council
identifies four projects that will be wholly or partially
funded with CDBG funds. The first reading of the
ordinance was approved on March 25, 1999. Staff
Resource Person: Joe Vining, Planning Director.