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<br />140. <br /> <br />RESOLUTION 2000 - 92 R <br /> <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN MARCOS, <br />TEXAS, APPROVING THE REALLOCATION OF COMMUNITY <br />DEVELOPMENT BLOCK GRANT ("CDBG") FUNDING FROM THE <br />DOWNTOWN SIDEWALK IMPROVEMENT PROJECT TO OTHER <br />PROJECTS; AND DECLARING AN EFFECTIVE DATE. <br /> <br />RECITALS: <br /> <br />1. In February of this year the City Council voted to fund the remaining portions <br />of the Downtown Sidewalk Improvements through Certificates of Obligation. <br /> <br />2. The Department of Housing and Urban Development ("HUD") will not allow <br />the City to maintain more than 1.5 times its grant amount as of July 31,2000. <br /> <br />3. On March 27, 2000 a total of $628,553.00 was reallocated from the <br />Downtown Sidewalk Project to various other qualifying CDBG projects. <br /> <br />4. The City wishes to reallocate the remaining $144,674.00 available for <br />reallocation from the Downtown Sidewalk Project to other qualifying CDBG projects. <br /> <br />BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SAN MARCOS, <br />TEXAS: <br /> <br />PART 1. The remaining CDBG funding from the Downtown Sidewalk <br />Improvement Project, in the amount of $144,674.00, is reallocated to the following: <br /> <br />Organization <br /> <br />Use <br /> <br />Amount <br /> <br />1. Mitchell Opportunity Center <br />2. Greater SM Seniors Association <br />3. Youth Services Bureau <br />4. SM Area Food Bank <br /> <br />New Building $100,000.00 <br />Price Building Renovation $ 14,283.00 <br />Kitchen Renovation $ 8,820.00 <br />Cargo Van $ 21,571.00 <br /> <br />PART 2. <br />passage. <br /> <br />This resolution shall be in full force and effect from and after its <br /> <br />ADOPTED this the 24th <br /> <br />day of <br /> <br />April <br /> <br />,2000. <br /> <br />Attest: <br /> <br />1Jt ,,/ <br />- /, ;' I .. <br />C? /lfld~ {}II/91WuA~// <br /> <br />Janis K. Womack <br />City Secretary <br /> <br />~;~t.o~ <br /> <br />Mayor <br />