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A RESOLUTION <br />APPROPRIATING FUNDS FOR <br />• THE CITY OF CHARLOTTESVILLE'S 1998-99 <br />COMMUNITY DEVELOPMENT BLOCK GRANT <br />$785,058 <br />• <br />U <br />WHEREAS, the City of Charlottesville has been advised of the approval by the U.S. <br />Department of Housing and Urban Development of a Community Development Block Grant for <br />the 1998-99 fiscal year in the total amount of $677,000, which includes funds for the North <br />Belmont Neighborhood totaling $200,000; reprogrammed funds of $73,058 and program income <br />of $35,000. <br />WHEREAS, the Council has set aside $80,000 in the City's Capital Improvement Program <br />(CIP) to be used in the North Belmont Neighborhood; and <br />WHEREAS, City Council has received recommendations for the expenditure of funds <br />from the Community Development Block Grant (CDBG) Task Force, and the City Planning <br />Commission; and has conducted a public hearing thereon as provided by law; now, therefore <br />BE IT RESOLVED by the City Council of Charlottesville, Virginia, that the sums <br />hereinafter set forth are hereby appropriated from funds received from the aforesaid grant to the <br />following individual expenditure accounts in the Community Development Block Grant Fund for <br />the respective purposes set forth; provided, however, that the City Manager is hereby authorized to <br />transfer funds between and among such individual accounts as circumstances may require, to the <br />extent permitted by applicable federal grant regulations. <br />ACCOUNT <br />PURPOSE <br />CODE <br />Paint Program <br />18-042-093602 <br />Substantial Rehabilitation <br />18-042-093603 <br />Habitat for Humanity <br />18-042-093604 <br />Paint Program <br />18-042-093605 <br />Demolition <br />18-042-093606 <br />Downpayment and Closing Costs <br />18-042-093607 <br />Housing Opportunities Program <br />18-042-091051 <br />Economic Development Loan Fund <br />18-042-073530 Washington Park <br />18-042-073520 Belmont Park <br />NORTH BELMONT NEIGHBORHOOD <br />18-042-093608 <br />Downpayment and Closing Assistance <br />18-042-093609 <br />Paint Program <br />18-042-093610 <br />Downtown Improvements <br />18-042-075321 <br />Belmont Park <br />NORTH BELMONT CAPITAL PROJECTS <br />27-042-051538 Belmont Park: Implementation of Park Plan <br />27-042-051532 Downtown Improvements <br />AMOUNT <br />$115,700 <br />$20,000 <br />$10,000 <br />$12,000 <br />$15,000 <br />$9,000 <br />$88,058 <br />$45,000 <br />$45,000 <br />$15,000 * <br />$5,000 * <br />80,000 <br />$100,000 <br />$75,000 <br />$5,000 <br />