Label
48th (2022) Year CDBG
Department of Housing and Community Development
Bonita Bonds (x1401)
(Revised)
Title
Repealing in its entirety Ord. 176-22; authorizing the Mayor to accept, deposit, appropriate and expend the Community Development Block Grant (CDBG) from the U.S. Department of Housing and Urban Development (HUD) in the amount of $7,373,648; authorizing the expenditure of CDBG carryover funds from all years prior to program year 2022 (48th) in the amount of $1,914,215; and authorizing submission to the U.S. Department of Housing and Urban Development of the 2022-2023 Annual Action Plan; and declaring an emergency.
Body
SUMMARY & BACKGROUND:
Ordinance #176-22 passed by Council and signed by the Mayor was an estimate of what was anticipated to be received from the Department of Housing and Urban Development (HUD) for the Community Development Block Grant (CDBG). The City of Toledo was informed by HUD it will now receive $7,373,648 for fiscal year 2022, a reduction of $219,867. This Ordinance makes the necessary amendments to Ordinance 176-22 by amending the relevant Sections in said legislation.
The financial impact of this Ordinance is the receipt of $7,373,648; $219,867 less than what was anticipated from HUD to the City of Toledo for the CDBG Program.
Summary
NOW, THEREFORE, Be it ordained by the Council of the City of Toledo:
SECTION 1. That Ordinance 176-22 is hereby repealed in its entirety.
SECTION 2. That the Mayor is authorized to submit the 2022-2023 Annual Action Plan; accept the 2022 (48th) Program Year CDBG allocation from HUD in the amount of $7,373,648; and deposit the amount received from HUD into Account Code 2015-16100-407400-5G48000STDREV (Community Development Block Grant Fund) for the purpose of funding the CDBG Program.
SECTION 3. That the appropriation in the amount of $7,373,648 is authorized from the unappropriated grant proceeds in the Community Development Block Grant Fund into various accounts; and further authorizing the expenditure of same pursuant to the revised attached Schedule A; also authorizing the expenditure of a portion of the CDBG carryover balance in the Community Development Block Grant Fund from all years prior to program year 2022 (48th) in the amount of $1,914,215 pursuant to Schedule B.
SECTION 4. That the Mayor and the Director of Neighborhoods are authorized to enter into any necessary agreements for the purposes listed herein subject to the terms and conditions deemed proper and requisite according to the Director of Law, not to exceed the amount of $7,373,648 for the 2022 (48th) Year CDBG and not to exceed $1,914,215 from the CDBG carryover balance from all years prior to program year
SECTION 5. That the Finance Director is authorized to issue his warrant or warrants in an amount not to exceed $7,373,648 from the Community Development Block Grant Fund in payment of all obligations authorized under the 48th (2022) Year CDBG allocation and not to exceed $1,914,215 from the CDBG carryover balance from all years prior to program year 2022 (48th) upon presentation of properly approved documentation.
SECTION 6. That this Ordinance is declared to be an emergency measure and shall take effect and be in force from and after its passage. The reason for the emergency lies in the fact that same is necessary for the immediate preservation of the public peace, health, safety and property, and for the further reason that same must be immediately effective in order to permit the City to submit the 2022-2023 Annual Action Plan, qualify under the regulations of the Community Development Block Grant Entitlement Program, and to receive the money necessary to carry out its planned community development activities for the 48th (2022) year beginning July 1, 2022 and ending June 30, 2023.
Vote on emergency clause: yeas _____, nays _____.
Passed: ______________, as an emergency measure: yeas _____, nays _____.
Attest: _________________________ __________________________________
Clerk of Council President of Council
Approved: ______________________ __________________________________
Mayor
I hereby certify that the above is a true and correct copy of an Ordinance passed by Council ______________________.
Attest: _________________________
Clerk of Council