HomeMy WebLinkAboutAgenda Report - March 17, 2004 E-17ow .19a
,E` J
CITY OF LODI
4M
MEETINGAT e March '7, 2004
PREPARED '; Community Development Director
RECOMMENDED ACTION: That the City Council adopt a Resolution authorizing the reallocation
of $20,962.07 in CDBG Funds from various completed CDBG
Projects to the 1998-99 Elm Street Parking Lot Project as detailed
below.
BACKGROUND INFORMATION-, In the 199B-99 GDBG Program year, the City Council allocated
$151,205.00 to the City of Lodi for the Elm Street Parking Lot
Project, which involved the acquisition of three blighted properties
on nest Elm Street.
The acquisition of one of those properties was accomplished through eminent domain, which involved the
City de ositinq $30,000 with the State Treasury toward the acquisition coat of the property in question,
As that case has now been settled, the City of Lodi now Dawes a remaining balance of $20,800.00 to
complete the acquisition.
Subsequent to the acquisition of the properties, the City Council reallocated an additional $150,000.00
toward the construction of the parking lot. Since the completion of that project, a balance of $1,950.00
has remained pending resolution of the Eminent Domain action.
FUNDING: The Community Improvement Manager has identified the following GDBG funding
from completed projects from which to draw the necessary funds for reallocation.
Reallocate From:
r "ect, oo.
� ' ect 'i title
Availably: Funds
A count No
LOD 96-05
Eastside Alley Lighting
$ 5,000.00
452501
LOD 97-11 , I
City Park Improvements ADA
1,125.07
453761
OD 97-1.3
Lodi Lake Beach Feature
$ 312.21
453763
LOO 97-1.4
Recreation Office Remodel
$ 4,401.07
453764
LOD 97-1.5
Lodi I ake Handicapped Access
$ 2,162.3
453765
LOD 9741.6
Blakely Park Improvements
$ 1,50$.13
453766
L OD 971.7
KofufArrr gn Park Ra
632,11
453767
m
TOTAL
$20,96Z07
Reallocate To.
LCD 96-.07
Elm Street Parki- L
� 1 95000
454508
�
Balance After Reallocation
�
$22,91Z07
APPROVED:
Manager
Any additional funds allocated during this process will be applied to any additional costs incurred in
completing the acquisition of the property, i.e. Recording Fees, and eventually distributed to ether
projects through future reallocations,
Vicky McAthie, Finance Director
-j
r,
Konradt B rtl rn
Community Development Director
KBI,vr
c€:. Karen Stevens, SJG Commune Development
WHEREAS, in the 1998-99 Community Development Block Grant (CDBG) Program
year, the City Council allocated $151,205.00 to the City of Lodi for the Elm Street Parking Lot
Project, which involved the acquisition of three blighted properties on West Elm Street; and
WHEREAS, the acquisition of one of those. properties was accomplished through
eminent domain, which involved the City depositing $30,000 with the State Treasury toward the
acquisition cost of the property in question. As that case has now been settled, the City of Lodi
now owes a remaining balance of $20,800.00 to complete the acquisition; and
WHEREAS, subsequent to the acquisition of the properties, the City Council reallocated
an additional $150,000.00 toward the construction of the parking lot. Since the completion of
that project, a balance of $1,950.00 has remained, pending resolution of the eminent domain
action; and
WHEREAS, the Community Improvement Manager has identified the following CDBG
funding from completed projects from which to draw the necessary funds for reallocation as
shown below:
Reallocate From:
Reallocate To:
LOD 9g- . 454508
BalanceAfter Reallocation $22,912.07
WHEREAS, any additional funds allocated during this process will be applied to any
additional costs incurred in completing the acquisition of the property, i.e. recording fees, and
eventually distributed to other projects through future reallocations.
NOW, THEREFORE, BE IT RESOLVED that the City Councif of the City of Lodi does
hereby approve reallocating funds in the amount of $20,962.07 to the Elm Street Parking Lot
Project as shown above.
Dated: March 17, 2004
Available Funds
Account No.
LOD 96-05
Eastside Alley Lighting
$
5,000-00
452501
LOD 9741.1
City Park Improvements ADA
$
1,125.67
453761
LOD 971.3
Lodi Lake Beach Feature
$
312.21
453763
LOD 97-1.4
Recreation Office Remodel
$
4,401-07
453764
LOD 97-1.5
Lodi Lake Handicapped Access
$
2,182.88
4,53765
LOD 97-1,6
Blakely Park Improvements
$
1,508-13
453766
LOD 97-1.7
fCofu/Ar€r�o Park Rams
6 4 2,11
453167
TOTAL
$20,962.07
Reallocate To:
LOD 9g- . 454508
BalanceAfter Reallocation $22,912.07
WHEREAS, any additional funds allocated during this process will be applied to any
additional costs incurred in completing the acquisition of the property, i.e. recording fees, and
eventually distributed to other projects through future reallocations.
NOW, THEREFORE, BE IT RESOLVED that the City Councif of the City of Lodi does
hereby approve reallocating funds in the amount of $20,962.07 to the Elm Street Parking Lot
Project as shown above.
Dated: March 17, 2004
I hereby certify that Resolution No. 2004-47 was passed and adopted by the City
Council of the City of Lodi in a regular meeting held March 17, 2004, by the following vote:
AYES, COUNCIL MEMBERS — Beckman, Hitchcock, Howard, Land, and Mayor
Hansen
•
ABSTAIN: COUNCIL MEMBERS — None
SUSAN J. BLACKSTON
City Clerk
2004-47