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TO: Mayor Richard C. Irvin
FROM: Dan Barreiro, Chief Community Services Officer, Community Services Division
DATE: September 6, 2018
SUBJECT:
A Resolution Authorizing Annual Action Plan Substantial Amendments (2018-#3) to Reflect Funding Re/Allocations for Prior Year Program Resources).
PURPOSE:
Staff requests authorization of Annual Action Plan Substantial Amendments (2018-#3) to reallocate funds for three CDBG projects. A draft of Annual Action Plan Substantial Amendments (2018-#3) is attached as Exhibit B.
The City's 2018 Annual Action Plan (AAP) was submitted to HUD on August 16, 2018. Upon review of the AAP, HUD has requested that the City demonstrate its intent for re/allocating unexpended prior year program funds. In the past, the City has typically reallocated funds through a separate Substantial Amendment process once there are direct project activities. However, recent HUD guidance has advised the City's Annual Action Plan needs to include specific allocations to project activities even though there may not be direct projects at the time of submittal. (Under the proposed Substantial Amendment (2018-#3), there is one specific project activity and two general activities that will be determined at a later date.) It is understood that projects under the economic development and public facility project categories will be determined at a later date and follow the Substantial Amendment public participation process. Any future direct project activities will be presented to City Council for approval.
CDBG reallocated funding is recommended as per unallocated funds, unexpended funds, and/or cancelled projects from the following CDBG Program Years: 2015, 2016, and 2017.
The following Annual Action Plan Amendment CDBG Activities and Reallocation Totals have been proposed under Substantial Amendment 2018-#3:
1. 2017 Section 108 Interest Fees for Aurora Arts Centre Project
As part of the City's Section 108 Loan for the Aurora Arts Centre Project, th...
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