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, 2020.
This legislation represents appropriation for the CDBG portion of the 2020 Action Plan, per Ordinance 2162-2019.
FISCAL IMPACT: This legislation totals $3,020,000, a portion of the 2020 CDBG programs. These amounts are supported by 2020 estimates of an entitlement award from the U.S. Department of Housing & Urban Development (HUD), housing and economic development loan repayments, unencumbered cash carryover, and other miscellaneous revenues. Due to the nature of CDBG funding and grants based accounting, the remaining sum in Fund 2248, Community Development Block Grant Fund, will be submitted for approval for appropriation at a later date.
This legislation is presented as an emergency for the effective implementation of 2020 CDBG programs and ongoing city operations.
Title
To authorize an appropriation of $3,020,000.00 in various divisions and object levels of the Community Development Block Grant Fund and to authorize an appropriation of $72,000.00 in Fund 2249 CDBG revolving loan fund to provide funding for approved programs; and to declare an emergency ($3,092,000.00).
Body
WHEREAS, the City of Columbus expects to continue as a participating jurisdiction of the U.S. Department of Housing and Urban Development for 2020; and
WHEREAS, Columbus City Council has approved the 2020 Action Plan (Ordinance 2162-2019), as required by HUD; and
WHEREAS, the balance of the 2020 Annual Action plan shall be appropriated as funds are obligated to specific activities; and
WHEREAS, an emergency exists in the usual daily operation of the Department of Finance and Management in that it is immediately necessary to appropriate the aforementioned funds to begin implementation of 2020 programs and ongoing city operations, t...
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