HomeMy WebLinkAboutRES 99-068 RESOLUTION NO. L �O
BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF BEAUMONT:
THAT the budget for the 1999 HUD Consolidated Grant Program is hereby approved. The
budget is substantially in the form attached hereto as Exhibit "X.
PASSED BY THE CITY COUNCIL of the City of Beaumont this the day of
) 1999.
- Mayor -
1999 HUD CONSOLIDATED GRANT PROGRAM
1999
COMMUNITY DEVELOPMENT BLOCK GRANT (CDBG) Preliminary
HOUSING Budget
Minor Repair S 250,000
Funds will be used to repair approximately 25 homes at$10,000 per house.
Site Development 250,000
Funds will be used to develop approximately 33 lots at$7,500 per lot.
Habitat For Humanity-Administration 50,000
Funds will be used to provide assistance in the construction of three(3)homes in the Habitat Park.
Senior Multi-Family Housing Development 350,000
Funds may be used to assist a non-profit organization in the development of a senior mutt-family housing
development located in the Community Development strategy area.
CLEARANCE AND DEMOLITION 250,000
Funds will be used to demolish unsafe and unsanitary commercial and residential structures.
PUBLIC FACILITY & IMPROVEMENT
Library for South East Beaumont-acquisition and architectural design 125,000
Hotel Beaumont(Section 108 payment)- rehabilitation 100,000
Jefferson Theater(Section 108 payment)- rehabilitation 175,000
Other Section 108 Projects(to be designated) 250,000
PUBLIC SERVICE 100,000
ECONOMIC DEVELOPMENT
BUILD, Inc. 35,000
Funds will be used to assist with the administration of the Main Street Downtown Development Program.
ADMINISTRATION _ 382,000
Funds will be used for personnel and operation expenses necessary for compliance with the planning,
execution, and regulatory requirements of the HUD Consolidated Grant Program.
TOTAL CDBG 2,317,000
PROGRAM INCOME
Small Business Loan Fund 150,000
Historic Preservation Loan Fund 20,000
TOTAL PROGRAM INCOME 170,000
HOME 837,000
Funds will be used to assist a non-profit housing development organization with the development of
approximately 30 new single family homes. Funds will also be used to assist low/moderate income
families with the closing costs, mortgage buy downs, and down payments needed to purchase homes.
EMERGENCY SHELTER GRANT (ESG) _ 82,_000
Funds will be used to provide shelter and essential services for the homeless population.
TOTAL 1999 PRELIMINARY BUDGET $ 3,406,000
EXHIBIT "A"
CITY OF BEAUMONT
COMMUNITY DEVELOPMENT BLOCK GRANT FUND
PROJECT EXPENDITURE REPORT
January 31,1999
_ (Unaudited)
Current
Project Expended Project
Budget To Date Encumbrances Balance
I HOUSING
Minor Rehabilitation 375,000 252,184 1,024 121,792
Acquisrbon/Site Development 516,000 65,214 234,574 216,212
Rental Rehabilitation-Multi-Family 150,000 - - 150,000
TOTAL HOUSING 1,041,000 317,398 235,598 488,004
11 CLEARANCE AND DEMOLITION
Clearance and Demolition 425,000 146,670 36,068 242,262
TOTAL CLEARANCE AND DEMOLITION 425,000 146,670 36,068 242,262
IN PUBLIC FACILITIES AND IMPROVEMENTS
L L Melton YMCA 300,000 53,274 46,726 200,000
Chartton-Polard Park 1 150,000 107,225 1,008 41,767
Street Improvement 125,000 - - 125,000
TOTAL PUBLIC FACILITIES
AND IMPROVEMENTS 575,000 160,499 47,734 366,767
IV ECONOMIC DEVELOPMENT
Chartton-Polard Economic Development 150,000 - - 150,000
TOTAL ECONOMIC DEVELOPMENT 150,000 - - 150,000
V LOAN PROGRAMS
Historic Preservation 2 85,300 4,500 - 80,800
Small Business 2 766,400 279,350 70,000 417,050
TOTAL LOAN PROGRAMS 851,700 283,850 70,000 497,850
TOTAL EXPENDITURES 3,042,700 908,417 389,400 1,744,883
1 Additional$202,000 proceeds from sale of Carroll Street Park will be reflected in the General
Improvements Fund.
2 Current year program income estimate includes unrealized amounts for Historic Preservation and
Small Business of$11,698 and$55,541 respectively.