HomeMy WebLinkAboutRES 05-051 RESOLUTION NO. 05-051
BE IT RESOLVED BY THE CITY COUNCIL
OF THE CITY OF BEAUMONT:
THAT the City Council hereby approves the Preliminary 2005 HUD Consolidated Grant
Program Budget. The budget is substantially in the form attached hereto as Exhibit "A"
and made a part hereof for all purposes.
PASSED BY THE CITY COUNCIL of the City of Beaumont this the 1st day of
March, 2005.
NOW
Mayor Evelyn M. Lord -
Off
2005 HUD CONSOLIDATED GRANT PROGRAM
Preliminary
COMMUNITY DEVELOPMENT BLOCK GRANT(CDBG) 2005
HOUSING Budget
Minor Repair $ 360,000
Funds will be used to repair approximately 24 homes at$15,000
Lead-Based Paint Testing 50,000
Funds will be used to test the paint and address the lead based paint issues of single family
residential and multiple family housing.
Infrastructure 75,000
Funds will be used for infrastructure in the CDBG strategy area.
CLEARANCE AND DEMOLITION
Clearance and Demolition Activities
Funds will be used to demolish approximately 150 unsafe residential structures and specified 370,000
commercial structures.
Funds will also be used for project delivery costs and for clearance on a spot basis. 60,000
PUBLIC FACILITY&-IMPROVEMENT 530,000
Section 108**
Hotel Beaumont(Section 108 payment)-rehabilitation
Crockett Street(Section 108 payment)-rehabilitation
Jefferson Theater(Section 108 payment)-rehabilitation
Theodore R.Johns,Jr.Library(Section 108 payment)-new construction
L L Melton YMCA(Section 108 payment)-rehabilitation
PUBLIC SERVICES
Public Services Organizations 100,000
Funds will be used for administrative and operating costs for various public services organizations.
EMERGENCY SHELTER SET-ASIDE 85,000
Funds will be used to provide Homeless Provider Grant Funds to assist with operation management,
essential services,homeless prevention and administration of a facility that houses and provides services
for the homeless population.
ADMINISTRATION 386,696
Funds will be used for personnel and operating expenses necessary for compliance with the planning,
execution,and regulatory requirements of the HUD Consolidated Grant Program.
TOTAL CDBG 2,016,696
REVOLVING FUNDS(Funded with Program Income*)
Small Business Loan Fund 125,000
Historic Preservation Loan Fund 20,000
Clearance and Demolition 5,000
*Program Income is Estimated
TOTAL REVOLVING FUNDS 150•
HOME
DOWNPAYMENT AND CLOSING COSTS 728,819
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.
HOME ADMINISTRATION 80,980
Funds will be used for personnel and operating expenses necessary for compliance with the planning,
execution,and regulatory requirements of the HUD HOME Program.
TOTAL HOME 809,799
TOTAL 2005 PRELIMINARY BUDGET $ 2,976,495
**The Section 108 debt repayment is$812,259. $530,000 allocated from 2005 grant year
$282,259 from the 2003 and 2004 grant yers plus interest income.
$114,698.00 Interest Income
P 104,656.64 2004 Administration
50,000.00 2004 Economic Development BUILD,Inc.
5,359.00 2004 Public Facilities/Improvements
39.00 2003 John Jay French Museum
7,506.36 2004 Public Services-Ubi Caritas Welcome Learning Center
EXHIBIT $A"
FIVE YEAR CONSOLIDATED GRANT PROGRAM
(with proposed 50%budget cuts for CDBG,Budget Cuts proposed for CDBG,not HOME)
DRAFT 2004 2005 2006 2007 2008 2009
HOUSING
Minor Repair 361,000 360,000 0 0 0 0
Lead Based Paint 50,000 50,000 0 0 0 0
Infrastructure 100,000 75,000 0 0 0 0
CLEARANCE/DEMOLITION 355,000 370,000 0 0 0 0
Downtown Clearance 60,000 60,000 0 0 0 0
PUBLIC FACILITIES/IMPROVEMENTS
Section 108 Repayments 530,000 * 530,000 818,555 816,748 819,424 893,943
PUBLIC SERVICES/EMERGENCY SHELTER SET-ASIDE 185,000 185,000 0 0 0 0
ECONOMIC DEVELOPMENT(BUILD,Inc.) 50,000
ADMINISTRATION 425,000 386,696 189,793 191,600 188,924 114,405
TOTAL CDBG 2,126,000 2,016,696 1,008,348 1,008,348 1,008,348 1,008,348
REVOLVING FUNDS(Funded with Program Income) 150,000 150,000 150,000 150,000 150,000 150,000
Program Income is Estimated
DRAFT 2004 2005 2006 2007 2008 2009
HOME 755,396 728,819 765,000 765,000 765,000 765,000
HOME Administration 83,932 80,980 85,000 85,000 85,000 85,000
TOTAL HOME 839,328 809,799 850,000 850,000 850,000 850,000
TOTAL 2 948,803 2,976,495 2,008,348 2.008,348 2,008,348 2,008,348
* The Section 108 debt repayment is $812,259. $530,000 allocated from 2005 grant year and $282,259 from the 2003 and 2004 grant years
plus interest income.
$1142698.00 Interest Income
104,656.64 2004 - Administration
50,000.00 2004 -Economic Development, BUILD, Inc.
5,359.00 2004 -Public Facilities/Improvements
39.00 2003 -Public Services -John Jay French Museum
7,506.36 2004 -Public Services -Ubi Caritas Welcome Learning Center
$282,259.00
FIVE YEAR CONSOLIDATED GRANT PROGRAM
�
, Current Projected 2006 2007 2008 2009
DRAFT Funding 2005
2004
HOUSING
Minor Repair 371,000 360,000 200,000 200,000 200,000 200,000
50,000 50,000 50,000 50,000 50,000 50,000
Lead Based Paint
Infrastructure 100,000 75,000 75,000 75,000 75,000 75,000
CLEARANCE/DEMOLITION 355,000 370,000 300,000 300,000 300,000 300,000
Downtown Clearance 60,000 60,000 60,000 60,000 60,000 60,000
PUBLIC FACILITIES/IMPROVEMENTS
530,000 * 530,000 818,555 818,555 818,555 818,555
Section 108 Repayments
Economic Development 50,000
PUBLIC SERVICES/EMERGENCY SHELTER SET-ASIDE 185,000 185,000 185,000 185,000 185,000 185,000
ADMINISTRATION 425,000 386,696 328,141 328,141 328,141 328,141
TOTAL CDBG 2,126,000 2,016,696 2,016,696 2,016,696 2,016,696 2,016,696
REVOLVING FUNDS (Funded with Program Income) 150,000 150,000 150,000 150,000 150,000 150,000
Program Income is Estimated
DRAFT Current Projected 2006 2007 2008 2009
Funding 2005
2004
HOME 755,396 728,819 765,000 765,000 810,000 .832,500
HOME Administration 83,932 80,980 85,000 85,000 90,000 92,500
Total HOME 839,328 809,799 850,000 850,000 9009000 925,000
TOTAL 3,115,328 2,976,495 3,016,696 3,016,696 3,066,696 3,091.696
* The Section 108 debt repayment is $812,259. $530,000 allocated from 2005 grant year and $282,259 from the 2003 and 2004 grant years
plus interest income.
$114,698.00 Interest Income
104,656.64 2004 - Administration
50,000.00 2004 -Economic Development, BUILD, Inc.
5,359.00 2004 -Public Facilities/Improvements
39.00 2003 -Public Services - John Jay French Museum
7.506.36 2004 -Public Services -Ubi Caritas Welcome Learning Center
$282,259.00