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2020 Ordinances
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12/15/2020 5:17:07 PM
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1/21/2020 3:31:41 PM
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in'' <br />l .rte J <br />AN ORDINANCE TRANSFERRING $251,690.22 FROM THE OUTDOOR <br />RECREATION ENHANCEMENT LINE ITEM OF THE FY 2020 CAPITAL <br />IMPROVEMENT FUND BUDGET TO THE FY 2020 COMMUNITY PLANNING AND <br />DEVELOPMENT PROGRAM FUND FOR THE PURPOSE OF REIMBURSING CDBG <br />FUNDS PREVIOUSLY UTILIZED FOR THE PORTSMOUTH SPORTSPLEX ROOF <br />REPLACEMENT, AND FURTHER DEDICATING THE FUNDS SO TRANSFERRED <br />FOR USE IN CONNECTION WITH PARK AND PLAYGROUND IMPROVEMENTS IN <br />MOUNT HERMON. <br />WHEREAS, in FY 2015 the City utilized $251,690.22 in Community Development <br />Block Grant Program funds to replace the roof on the administrative building at the Portsmouth <br />Sportsplex; and <br />WHEREAS, the replacement of the roof was completed, but the City does not currently <br />intend to occupy the administrative building for a use that qualifies for funding under the CDBG <br />program; and <br />WHEREAS, the U.S. Department of Housing and Urban Development has therefore <br />advised the City that it should reimburse the CDBG program in the amount of $251,690.22 from <br />non - federal funds; and <br />WHEREAS, the funds that the City pays as reimbursement will then become available to <br />the City to use under the CDBG program; and <br />WHEREAS, the City has identified $251,690.22 of non - federal funds in the Outdoor <br />Recreation Enhancement line item of the FY 2020 Capital Improvement Budget that is available <br />for use as the CDBG reimbursement; and <br />WHEREAS, this Ordinance transfers the said funds from the FY 2020 Capital <br />Improvement Fund Budget to the FY 2020 Community Development Fund and further dedicates <br />those funds to park and playground improvements in Mount Hermon, which is an eligible use <br />under the CDBG program; and <br />WHEREAS, there will therefore be no net financial loss to the City from the <br />reimbursement to the CDBG program; <br />NOW, THEREFORE, BE IT ORDAINED by the Council of the City of Portsmouth, <br />Virginia; <br />1. That it hereby transfers the sum of $251,690.22 from the Outdoor Recreation <br />Enhancement line item of the FY 2020 Capital Improvement Fund Budget and appropriates said <br />funds to the FY 2020 Community Planning and Development Program Budget. <br />
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