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HomeMy WebLinkAboutAgenda Report - October 18, 1995 (71)OR 6� CITY OF LODI COUNCIL COMMUNICATION c+creow+`�� AGENDA TITLE Consider Reallocating 1995-96 CDBG Entitlement Funds from the Project "Alley/Residential Street Improvements" to the New Project "Eastside Water and Sanitary Sewer Upgrades." MEETING DATE: October 18, 1995 PREPARED BY: Community Development Director RECOMMENDED ACTION: That the City Council approve the reallocation of $50,000 from the Community Development Block Grant funds from the "Alley/Residential Street Improvements" program to the proposed "Eastside Water and Sanitary Upgrade" project. This project will address underground utilities in the target area which are no longer capable of meeting service demands. BACKGROUND INFORMATION: The Alley/Residential Street Improvements program was approved as a part of the 1995-96 CDBG Entitlement. After the entitlement was approved, staff was notified that the project, as proposed, did not meet the Federal guidelines for eligibility. Therefore, staff is proposing to use the funds for the Eastside Water and Sanitary Sewer Upgrade project which is a project that does meet the Federal guidelines. FUNDING: Community Development Block Grant Funds, $50,000. ;Jam s B. Schroe er Coffimunity Development Director JBS/EV/lw APPROVED: \ 'L' ri '�v �-+� �w,, ;�►� Lei= THOMAS A. PETERSON recycled paper City Manager CC9529.DOC —` cc -1