Loading...
1149-,. RESOLUTION NO. l ` RESOLUTION OF THE CITY COUNCIL OF WEST ` MEMPHIS, ARKANSAS, AMENDING THE B-85 AND B-87 COMMUNITY DEVELOPMENT BLOCK GRANT PROGRAMS. WHEREAS, the City of West Memphis, Arkansas is carrying out a variety of community improvement activities with funds re- {` ceived under provisions of Title I of the Housing and Community Development Act of 1974, as amended; and WHEREAS, the City of West Memphis is desirous of approving amendments to these programs by revising certain cost estimates, deleting an activity, and adding an activity; and WHEREAS, there has been prepared for the stated purpose an Amendment to the CDBG Program, which is identified as a printed document, consisting of six (6) pages of narrative text, dated May 19, 1988, which Amendment was reviewed at this meeting. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WEST MEMPHIS, ARKANSAS: 1. That Amendment No. 1, dated May 19, 1988, as identi- fied above, be and hereby is approved in all respects as an official revision to the City's CDBG Program and its Final Statement of Community Development Objectives and Projected Use of Funds . 2. That the Mayor be and hereby is authorized to notify, advise, and otherwise publish information required in order to effectuate this Amendment. 3. That all of the findings and determinations regarding the CDBG Program are hereby reaffirmed and made applicable to this resolution as if same were repeated herein in their en- tirety. 4. That this resolution shall take effect _immediately. Mayor ATTEST: C DATE PASSED: c c ~ ~' _. AMENDMENT NO. 1 May 19, 1988 to the COMMUNITY DEVELOPMENT BLOCK GRANT PROGRAM B-85-MC-05-0009 B-87-MC-05-0009 WEST MEMPHIS, ARKANSAS I. Content Amendment No. 1 to the Community Development Block Grant Program consists of six (6) pages of narrative text. II. Purposes of Amendment No. 1 The principal purpose of Amendment No. 1 is to reallocate funds among the approved activities that are part of the B-85 Program and to add a new activity to the B-87 Program. This Amendment accommodates adjustments to these two pro- grams which will allow the City to complete implementation in an efficient and effective manner and to readdress new opportunities for assistance to low- and moderate-income residents within the community. III. Provisions of Amendment No. 1 The B-85 and B-87 Community Development Block Grant Pro- grams are hereby revised and amended to wit: A. Second Year Program tB-85-MC-05-0009) 1. A substantial majority of the B-85 Program has been completed and over 98% of all funds have been expended. Slight adjustments need to be made in budgetary amounts in order to reflect completion of activities to date and to reassign some monies saved through implementation of the Program. None of the activities included are be- ing deleted or reduced in any manner through this Amendment. The principal purpose is to primarily reallocate some cost savings realized in comple- tion of the public facilities improvements. 2. Based upon the completion of activities to date and the above-described changes, the cost esti- mates for various activities are revised as reflected below. The chart reflects the overall program activity, the currently approved budget, and the amended budget amount as approved herein. B-85-MC-05-0009 Approved Activity Budget 1. Public Facilities Improvements $350,000.00 2. Demolition & Clearance 14,000.00 3. Rehabilitation 150,000.00 4. Administration & Planning 120,000.00 $634,000.00 Amended Budget $336,369.18 14,343.72 156,639.73 126,647.37 $634,000.00 2 B. B-87-MC-05-0009 1. This Amendment deletes the monies allocated to acquiring a new park site. After extensive re- view and consideration of available sites for purchase, it has been determined that the selected area is subject to extensive flooding, and therefore is no longer deemed a feasible nor desirable activity. This activity is being de- leted in its entirety from the B-87 Program. 2. A new activity of relocation assistance is being added to the B-87 Program and being funded in the amount of $65,000. The principal purpose of this activity is to provide assistance to low- and moderate-income homeowners who lost their dwell- ings through the devastating tornado which struck West Memphis in December 1987. This activity is being added pursuant to Section 570.606(b) of the Rules and Regulations pursuant to the Block Grant Program. Said relocation payments will be made to individuals and families subject to the fol- lowing conditions: a. The recipient individual or family must have been a homeowner whose dwelling unit was to- tally destroyed by the tornado which struck West Memphis in December 1987. 3 b. The recipient individual or family must be qualified as being a low- or moderate-income individual or family in accordance with HUD Rules and Regulations. c. This will be for new construction only in order to further the objective of increasing the supply of housing for low- and moderate-income persons in light of the tor- nado; and said unit must be constructed within the city limits of West Memphis. d. In awarding relocation assistance payments, the City will follow the existing priority list which it has had established for .the Emergency Housing Repairs Program. Several homeowners whose homes were destroyed al- ready had standing with respect to the Emergency Repairs Program and it is the in- tent of the City Council that these persons should be considered first. Until this list is exhausted with respect to qualified ap- plicants for this relocation assistance, no new applicants will be considered. e. A maximum relocation assistance payment of $8,500 will be awarded. The City may reduce 4 the maximum relocation assistance payment if insurance funds have been received by the individual or family due to loss of their home in the December 1987 tornado. 3. The program budget for the B-87 CDBG Program is revised as reflected below on the chart which indicates the overall program activity, the cur- rently approved budget allocated for the activity, and the amended budget amount as ap- proved herein through this Amendment. B-87-MC-05-0009 Approved Activity Budget 1. Public Facilities Improvements $367,000.00 2. Park Site Acquisition 65,000.00 3. Relocation Assistance -0- 4. Administration & Planning 108,000.00 $540,000.00 Amended Bud et $367,000.00 -0- 65,000.00 108,000.00 $540,000.00 These are the provisions of Amendment No. 1, dated May 19, 1988. 5 IV. Approval Amendment No. 1 is hereby approved in all respects. RESOLUTION NO . ~- \ ~ ~# DATE PASSED: ~ 9 _ ~ 9 g ~ 4 Mayor ATTEST: C 6 -~~. '-h .~'j ~'.'.tk s.