HomeMy WebLinkAboutResolution 1243 � • N
��t� of ORO O
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RESOLUTION OF THE CITY COUNCIL
� 1243
NO.
• - • •
A RESOLUTION REQUESTING APPROVAL FOR
REALLOCATION OF COMMUNITY DEVELOPMENT ,
BLOCK GRANT FUNDS
WHEREAS, the City of Orono has executed a Cooperation Agreement
with Hennepin County agreeing to participate in the Urban Hennepin County
Community Development Block Grant Program; and
WHEREAS, the City of Orono has participated in the Urban
Hennepin County CDBG Program during Years II, III, IV, V, and VI; and
WHEREAS, several of the projects approved for said years have
been completed leaving a small balance of unused funds which could be
used to complete other approved projects for which sufficient funds were
not available .
NOW, THEREFORE, BE IT RESOLVED that the City Council of the
�ity of Orono hereby requests approval to transfer and reallocate approved
roject funds as follows :
l. Year II Project 68 transfer $ 6 . 11 to Year III Project 76
2 . Year II Project 69 transfer $ 900 .00 to Year III Project 76
3 . Year II Project 71 transfer $ 638 .00 to Year III Project 76
4 . Year III Project 77 transfer $1, 896 .68 to Year III Project 76
. 5 . Year IV Project 76 transfer $ 4 . 12 to Year III Project 76
The above intention being to completely close out and tranfer all funds
from the listed projects to Year `III Project 76 for purposes of completing
improvements to Bederwood Park, except that balance of $2 ,000 . 00 shall ,
remain in Year II Project 69 for improvements committed for Casco Circle
Park.
All other projects having outstanding funds remain active with funds having
been committed by the City as of this date .
Adopted by the City Council of the City of Orono, Minnesota at a regular
meeting held January 26 , 1981.
\� � � ;� �.�� \ �t
, \� �, - �
Mary C. Butler, Acting Mayor`
�ATTEST:
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Walter R Benson, City Administratv�