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HomeMy WebLinkAboutResolutions - No. 2002-47RESOLUTION NO. 2002-47 A RESOLUTION OF THE LODI CITY COUNCIL APPROVING THE REALLOCATION OF COMMUNITY DEVELOPMENT BLOCK GRANT FUNDS FOR THE PURCHASE OF BLIGHTED PROPERTY LOCATED AT 17 E. ELM STREET (APN 043-082-01) AND 22 E. LOCUST STREET (APN 043-082-02) ----------------------------------------------------------- ----------------------------------------------------------- WHEREAS, the Community Development Department is currently in the process of identifying Community Development Block Grant funded projects from prior years which have not expended their allocations, thereby creating a considerable balance of unused funds; and WHEREAS, the Department of Housing and Urban Development has identified this as an area of concern and has directed the City of Lodi to utilize these funds expeditiously; and WHEREAS, staff has identified Project No. 00-03, the Walnut Street Parking Lot Project that was funded in the 2000/01 Program year in the amount of $187,199.00 as a source of reallocation, since the project has been cancelled; and WHEREAS, Community Improvement Personnel have been dealing with blighted, public nuisance properties located at 17 E. Elm Street and 22 E. Locust Street, addressing reoccurring dangerous Building Code violations, as well as Zoning and Property Maintenance Ordinance violations; and WHEREAS, the City of Lodi has entered into negotiations with the property owner of the above -referenced parcels and have agreed on a purchase price of $100,000.00, with the City paying all escrow costs estimated at $5,000.00; and WHEREAS, staff recommends that the City Council approve the reallocation of Community Development Block Grant funds in the amount of $105,000.00 from the Walnut Street Parking Lot Project No. 00-03 for the purchase of two blighted properties located at 17 East Elm Street (APN 043-082-01) and 22 East Locust Street (APN 043-082-02); and WHEREAS, the City of Lodi has held, with proper notification, a public hearing at the City Council meeting held March 6, 2002 and has received public input regarding the proposed use of CDBG funds. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Lodi does hereby approve the allocation of CDBG funds in the amount of $105,000.00± from the Walnut Street Parking Lot Project No. 00-03 for the purchase of two blighted properties located at 17 East Elm Street (APN 043-082-01) and 22 East Locust Street (APN 043-082-02). Dated: March 6, 2002 ------------------------------------------------------------------- ------------------------------------------------------------------- I hereby certify that Resolution No. 2002-47 was passed and adopted by the City Council of the City of Lodi in a regular meeting held March 6, 2002, by the following vote: AYES: COUNCIL MEMBERS — Hitchcock, Howard, Land, Nakanishi, and Mayor Pennino NOES: COUNCIL MEMBERS — None ABSENT: COUNCIL MEMBERS — None ABSTAIN: COUNCIL MEMBERS — None SUSAN J. BLACKSTON City Clerk 2002-47