Explanation
BACKGROUND: This ordinance appropriates monies within the Community Development Block Grant Fund (CDBG) to various departments and offices of the government of the City of Columbus for the twelve months ending December 31, 2012.
This legislation represents appropriation for the CDBG portion of the 2012 Consolidated Plan Action Plan, per Ordinance 1668-2011, passed on November 7, 2011. In mid-December, 2011, the U. S. Department of Housing and Urban Development published FY2012 Allocation Estimates. Estimates were calculated using newly available 2010 census data, as well as an across-the-board federal reduction imposed by congress on discretionary funding items. The combined result of these factors results in an anticpated increase in the 2012 CDBG entitlement award to the City of Columbus. In the next few weeks, the City will determine additional budget allocations for 2012, amend the Consolidated Plan through a public notice and comment process, and submit supplemental appropriation legislation.
FISCAL IMPACT: This legislation totals $6,725,617.00 for the 2012 CDBG programs. These amounts are supported by 2012 estimates of an entitlement award from the U.S. Department of Housing & Urban Development (HUD), housing and economic development loan repayments, reprogramming of prior year projects, and other miscellaneous revenues.
This legislation is presented as an emergency for the effective implementation of 2012 CDBG programs and ongoing city operations.
Title
To authorize an appropriation of $6,725,617.00 in various divisions and object levels of the Community Development Block Grant Fund, to provide funding for approved programs, and to declare an emergency ($6,725,617.00).
Body
WHEREAS, the City of Columbus expects to continue as a participating jurisdiction of the U.S. Department of Housing and Urban Development for 2012; and
WHEREAS, the city has approved the 2012 Action Plan budget (Ordinance 1668-2011) on November 7, ...
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