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HomeMy WebLinkAbout4.06 CDBG Program 1987-88 CITY OF DUBLIN AGENDA STATEMENT CITY COUNCIL MEETING DATE: March 23, 1987 SUBJECT • 1987-88 Community Development Block Grant (CDBG) Program. EXHIBITS ATTACHED • None. RECOMMENDATION �, 1. For Public Improvement Project, approve 44 Dougherty Road Right-of-Way Acquisition ($34,660.00) . 2. For Housing Projects, approve Minor Home Repair ($4,000.00) and Housing Rehabilita- tion (approximately $11,290.00) . 3. Direct Staff to submit project proposals to Alameda County/Urban County Housing and Community Development Program. 4. Approve reallocation of prior year CDBG fund balances to Dougherty Road Right-of-Way Acquisition. FINANCIAL STATEMENT (See following description.) DESCRIPTION • Since 1982, Dublin has been participating in the Alameda County/Urban County Community Development Block Grant (CDBG) Program. For the 1987-88 program year, the preliminary estimate of CDBG project funds for Dublin is $49,950.00. Final figures from HUD are anticipated later this year, so project budgets need to be flexible to allow for higher or lower final alloca- tions. Per the Urban County policies, a minimum of 28% (or $14,000.00) must be used for housing projects, leaving a maximum of 72% (or $35,950.00) for public improvement projects. The City has previously approved the Dougherty Road Right-of-Way Acquisition Project for CDBG funding. In December 1986 the City Council authorized expenditure of $68,700.00 in CDBG funds for the acquisition of the Dougherty Road Right-of-Way. The Dougherty Road Right-of-Way Acquisition project was completed during 1986 with a property cost of $120,000.00. Since that time the County Auditor has audited the City's CDBG accounts and indicates that the City has $26,640.00 in General Administration funds from years 1984-85 through 1986-87, as well as $16,000.00 from the Arroyo Vista sidewalk and handicap improvement projects which were transferred to the Dougherty Road Right-of-Way Acquisition during 1986. Thus, a total of $111,340.00 of CDBG funds can be budgeted for the Dougherty Road Right-of-Way Acquisition, including a $26,000.00 advance from the 1987-88 CDBG program year and these various budget reallocations. It would be appropriate to have the project balance of $8,660.00 ($120,000.00 - $111,340.00) funded by the 1987-88 CDBG Program. The total Dougherty Road Right-of-Way Acquisition project funding from the 1987-88 CDBG Program would be $34,660.00 ($26,000.00 advance + $8,660.00) . That would leave a balance of approximately $15,290.00 from the 1987-88 CDBG Program for housing projects. With such a relatively small amount available, it would be appropriate to budget $4,000.00 to Minor Home-Repair and the balance of approximately $11,290.00 to Housing Rehabilitation. The Housing and Community Development Staff would continue to emphasize and promote exterior painting. ITEM NO. '4446 COPIES TO: Planning Department Staff recommends that the City Council approve and direct Staff to submit proposals for the following 1987-88 CDBG Program projects and approve the reallocation of prior year CDBG fund balances to the Dougherty Road Right-of- Way Acquisition: Public Improvement Project - Dougherty Road Right-of-Way Acquisition ($34,660.00) Housing Projects - Minor Home Repair ($4,000.00) - Housing Rehabilitation (approximately $11,290.00) Estimated Projects Total (approximately $49,950.00) -2- ___ .