HomeMy WebLinkAboutMINUTES - 05071996 - C80 r
y Contra
` Costa
TO: BOARD OF SUPERVISORS ''" `� Costa
- .P County
FROM: Harvey E. Bragdon Caa�
Director of Community Development
DATE: May 7, 1996
SUBJECT: Request for Transfer of Community Development Block Grant Funds
SPECIFIC REQUEST(S) OR RECOMMENDATIONS(S) & BACKGROUND AND JUSTIFICATION
RECOMMENDATIONS
APPROVE AND AUTHORIZE the Auditor-Controller to ( 1) carry forward
unexpended Community Development Block Grant (CDBG) funds allocated
to the FY 1994/95 CDBG, Housing Development Assistance Fund from FY
1994/95 ( $204 ,574 ) to the FY 1995/96 Housing Development Assistance
Fund; and (2 ) transfer unexpended balances totaling $12,587 . 18 from
three completed CDBG Housing Projects to the FY 1995/96 Housing
Development Assistance Fund.
FISCAL IMPACT
No General Fund impact. CDBG Funds are provided to the County by the
U.S. Department ,of Housing and Urban Development.
BACKGROUND/REASONS FOR RECOMMENDATIONS
The transfer of funds from FY 1994/95 to the FY 1995/96 CDBG Housing
Development Assistance Fund (HDAF) is necessary in order to
CONTINUED ON ATTACHMENT: X YES SIGNATURE:
RECOMMENDATION OF COUNTY ADMINISTRATOR RECOMMENDAT OF BOARD COMMITTE
APPROVE OTHER
SIGNATURE(S) :
ACTION OF BOARD ON May 7, 1996 APPROVED AS RECOMMENDED X OTHER
VOTE OF SUPERVISORS
I HEREBY' CERTIFY THAT THIS IS A
X UNANIMOUS (ABSENT ------- ) TRUE AND CORRECT COPY OF AN
AYES: NOES : ACTION TAKEN AND ENTERED ON THE
ABSENT: ABSTAIN: MINUTES OF THE BOARD OF
SUPERVISORS ON THE DATE SHOWN.
Contact: Kathleen Hamm
646-4208 ATTESTED May 7,; ;1996
cc: County Administrator PHIL BATCHELOR, CLERK OF
County Counsel E BOARD OF SUPERVISORS
Auditor-Controller (N. Garnett) SND C UNTY DMI RATO
Community Development
B Wl ';�4
consolidate funds for allocation in the current and next program year.
In addition, the projects identified in exhibit A were completed under
budget. Therefore, it is necessary to transfer the unexpended balances
to the FY 1995/96 CDBG/HDAF for use in funding additional affordable
housing projects .
EXHIBIT A
Funds to be transferred to the FY 1995/96 CDBG Housing Development
Assistance Fund:
FY 1994/95 CDBG HDAF $204 ,574 . 00
20-1965 Pittsburg Senior Housing $ 361 . 08
20-1969 Brookside Emergency Shelter $ 638 . 10
20-80 Emerson Arms Apartments $ 11,588 . 00
TOTAL funds to be transferred $217, 161 . 18
kh/c/HDAFBd