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HomeMy WebLinkAboutAgenda Report - May 6, 1998 (84)�y�10 Cr �: COUNCIL COMMUNICATION mac' I 9<�Foa J AGENDA TITLE: Conduct a Public Hearing to Approve Pre -Award Expenditure of Community Development Block Grant Funds MEETING DATE: May 6, 1998 PREPARED BY: Community Development Director RECOMMENDED ACTION: That the City Council approve the expenditure of General Fund Capital Outlay dollars for the acquisition and development of property located at 11-17 West Elm Street with repayment from the Community Development Block Grant subsequent to the award of funds in July 1998. BACKGROUND INFORMATION: Each year the City of Lodi receives its Community Development Block Grant allocation after July 1, 1998. For the coming program year, the City Council has approved the allocation of $150,000 for the acquisition and improvement of properties located at 11, 15 and 17 West Elm Street for a surface parking lot. In an effort to move this project forward in a timely manner, staff is desirous of completing the acquisition prior to July 1, 1998. Pursuant to Federal regulations, the City may utilize another funding source in anticipation of a repayment by the Block Grant providing a public hearing has been conducted, the City Council approves of the "Pre Award" Expenditure and the activity is part of the eligible program. Staff has had an on-going dialogue with the owners of the aforementioned properties. In order to take advantage of the acceptance of the owners to sell the property to the City, we would like to purchase now rather than wait the several months until the funds are received from the Department of Housing and Development (HUD). A side bonus to moving this project forward may be the timing benefit for construction prior to the rainy season this fall. Reimbursement to the General Fund Capital Outlay will occur once the funds are received subsequent to July 1, 1998. FUNDING: Requested Appropriation: _$100,000 General Fund Capital Outlay Funding Available: ' ).+ ^�j F& ICl��Z Vicky McAthie, Finance Director KBnw n Konradt m — Community Development Director APPROVED: l H. Dixon Flyn - City Manager 41 OF 1,Iwo00 ADVERTISING INSTRUCTIONS *** BOBDFJ= AD PLF.ASK *** SUBJECT: Public Hearing regarding pre -award expenditure of Community Development Block Grant Funds. PUBLISH (DATES): Friday, May 1, 1998 (one time only) "TEAR SHEETS WANTED: 1 EXTRA (ONLY) DELIVER TO: Planning Department AFFIDAVIT & BILL TO: City of Lodi, 221 W. Pine Street, Community Development Department DATE: April 29, 1998 ORDERED BY: Konradt Bartlam TITLE: Community Development Director CD Ducument5 NOTICE OF PUBLIC HEARING BY THE LODI CITY COUNCIL TO CONSIDER APPROVAL OF A PRE -AWARD EXPENDITURE OF COMMUNITY DEVELOPMENT BLOCK GRANT FUNDS. NOTICE IS HEREBY GIVEN that on Wednesday, the 6th day of May, 1998, at the hour of 7:00 p.m., or as soon thereafter as the matter may be heard, the Lodi City Council will conduct a Public Hearing in the Carnegie Forum, 305 West Pine Street, Lodi, California, to consider: Approving the expenditure of General Fund Capital Outlay dollars for the acquisition and development of property located at 11-17 West Elm Street with repayment from the Community Development Block Grant subsequent to the award of funds in July 1998. Information regarding this item may be obtained in the office of the City Clerk at 221 West Pine Street, Lodi, California, or by phoning (209) 333-6702. All interested persons are invited to present their views either for or against the above proposal. Written statements may be filed with the City Clerk at any time prior to the Hearing scheduled herein and oral statements may be made at said Hearing. If you challenge the Council action in Court, you may be limited to raising only those issues you or someone else raised at the Public Hearing described in this notice, or in written correspondence delivered to the City Clerk at, or prior to, the Public Hearing. By Order of the City Clerk. Alice Reimche City Clerk Dated: April 28, 1998 Pre -award CDBG.doc 14/29/98