Minutes 01/11/2011 - Laserfiche WebLink

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January 11. 2011 Ayes: Cherry, Edmonds, Heretick, Moody, Randall, Whitehurst, Wright Nays: None 11 - 17 - Adoption of an ordinance to appropriate $316,511.72 in the FY 2010-11 Community Planning and Development Program Fund for income received from ongoing programs and additional entitlement funds received from the U.S. Department of Housing and Urban Development. Vision Principles: Thriving Neighborhoods and a Sense of Community, and a Robust and Prospering Economy. Background: . There is a need to add $316,511.72 to the FY2011 Community Planning and Development Program budget appropriation. . These funds consist of a combination of entitlement funds from HUD and program income generated during the prior year. Discussion: . The funds will be allocated to on-going CDBG and HOME eligible projects as part of the FY 2011 Annual Action Plan approved by the City Council. Financial Impact: . The additional $316,511.72 of funds will be available for undertaking the priorities established by the 5-Year Consolidated Plan and in agreement with the statutory purposes of the CDBG and HOME programs. HOME funds require a match contribution of not less than 12.5% of the HOME funds drawn. Staff Recommends: . Adoption of the ordinance. Vision Principles: Thriving Neighborhoods and a Sense of Community, and a Robust and Prospering Economy. Next Steps Following Council Action: . The funds are approved and available upon authorization of the appropriation. 1. Mark Geduldig-Yatrofsky, 2713 Sterling Point Drive, wanted details as to where the funds were going to go. Motion by Mr. Whitehurst, and seconded by Mr. Edmonds, to adopt the following ordinance, and was adopted by the following vote: "ORDINANCE TO APPROPRIATE $316,511.72 IN THE FY 2010-11 COMMUNITY PLANNING AND DEVELOPMENT PROGRAM FUND IN INCOME RECEIVED FROM ONGOING PROGRAMS AND ADDITIONAL ENTITLEMENT FUNDS RECEIVED FROM THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT." Ayes: Cherry, Edmonds, Heretick, Moody, Randall, Whitehurst, Wright Nays: None 11 - 18 - Adoption of an ordinance to reallocate and reappropriate in the FY 2010-11 Capital Improvement Fund, funds in the amount of $615,421 remaining in the Crawford Parkway Bulkhead Replacement Project (#18310) to the Seawall Reinforcement Project (#18307), thereby combining these two projects into a single capital improvement project. Background: . On November 10, 2009, $1.25 million CIP funding was transferred from the Holiday Inn Redevelopment Project to CIP Project #18307 to make necessary repairs to the seawall resulting from a structural failure of a section of the seawall adjacent to Admirals Landing. . On March 9, 2010, $3.075 million in funds from the Holiday Inn Redevelopment Project was transferred to CIP project #18310 to replace the Crawford Parkway Bulkhead.