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HomeMy WebLinkAboutResolutions - No. 2007-249RESOLUTION NO. 2007-249 A RESOLUTION OF THE LODI CITY COUNCIL ESTABLISHING THE COMMUNITY DEVELOPMENT BLOCK GRANT ALLOCATION POLICY WHEREAS, the Department of Housing and Urban Development (HUD) has determined that the City of Lodi, California, is entitled to Community Development Block Grant (CDBG) funding as a participating city through the County of San Joaquin Urban County jurisdiction; and WHEREAS, the City of Lodi goes through an annual process to distribute those CDBG funds to both public and private agencies and organizations for eligible projects and services, in accordance with HUD guidelines and Federal regulations; and WHEREAS, the City of Lodi has established certain local policies for the allocation and distribution of that CDBG funding; and WHEREAS, the City wishes to designate a certain percentage of each year's CDBG allocation as a set-aside for City projects and services; and WHEREAS, the set-aside will provide a more reliable funding source for both public and private agencies, thereby improving long-term capital improvement program planning; and WHEREAS, it reinforces CDBG funding as a revenue source for needed City capital improvements. NOW, THEREFORE, BE IT RESOLVED that the Lodi City Council does hereby designate sixty percent (60%) of the annual CDBG allocation for City projects/services and forty percent (40%) for community-based organization projects and services for a three-year cycle. Dated: December 19,2007 hereby certify that Resolution 2007-249 was passed and adopted by the Lodi City Council in a regular meeting held on December 19, 2007, by the following vote: AYES: COUNCIL MEMBERS —Johnson, Katzakian, and Mayor Mounce NOES: COUNCIL MEMBERS— Hansen ABSENT: COUNCIL MEMBERS— Hitchcock ABSTAIN: COUNCIL MEMBERS — None 2007-249 ANDI JOHL City Clerk