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File #: 2650-2003    Version: 1
Type: Ordinance Status: Passed
File created: 11/25/2003 In control: Health, Housing & Human Services Committee
On agenda: 1/12/2004 Final action: 1/13/2004
Title: To authorize an appropriation of $13,474,645 in various divisions and object levels of the Community Development Block Grant Fund, to provide funding for approved programs, and to declare an emergency. ($13,474,645)
Attachments: 1. ord2650-2003section1.pdf, 2. ord2650-2003section2.pdf
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, 2004. The appropriation of these funds is in accordance with the City of Columbus Consolidated Plan. Also included in the allocations are reappropriations of prior year monies for the Community Reinvestment Area Fund ($130,869).

FISCAL IMPACT: The 2004 CDBG programs total $13,474,645, including $130,869 for prior year reappropriations. These amounts are supported by 2004 estimates of HUD entitlement funds, housing and economic development loan repayments, reprogramming of prior year projects, other miscellaneous revenues, and the transfer of cash ($373,844) from the CDBG revolving loan fund to the CDBG operating fund. Separate legislation authorized the transfer.

This legislation is presented as an emergency for the effective implementation of the 2004 CDBG Program.


Title

To authorize an appropriation of $13,474,645 in various divisions and object levels of the Community Development Block Grant Fund, to provide funding for approved programs, and to declare an emergency. ($13,474,645)


Body

WHEREAS, an emergency exists in the usual daily operation of the Department of Finance, in that it is immediately necessary to appropriate the aforementioned funds, thereby preserving the public health, peace, property, safety and welfare; Now, Therefore

BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS:

SECTION 1. That from the unappropriated monies in the fund known as the Community Development Block Grant Fund, Fund No. 248, Subfund 001, and from all monies estimated to come into said fund from any and all sources during the 12 months ending December 31, 2004, there be and hereby is appropriated to the following divisions the following sums:

(Refer to Attachment 2650-2003section1)


SEC...

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