Submitted By
Tammie Grossman, Development Customer Services Director
Reviewed By
A.M. Zayyad, Deputy Village Manager
Agenda Item Title
Title
A Resolution Approving an Amendment to the Program Year (PY) 2020 Annual Plan for Community Development Block Grants (CDBG) By Adding Returned Funds to the Public Works Department Capital Budget
End
Overview
Overview
The Village of Oak Park (the "Village") will allocate an additional $87,451 in CDBG returned funds, to the following CDBG infrastructure projects by the Public Works Department to be completed PY 2022 October 1, 2022 - September 30, 2023. 1) $78,166 for resurfacing, street lighting, and landscaping on Census Tract 8123.01 Block 2 and 2) $9,285 for alley improvements on Census Tract 8123 Block 1 and 8125. The additional funds being reallocated is due to the bids selected to complete these projects were over budget.
End
Recommendation
Recommendation
Approve the resolution for an amendment to an Agreement to allocate $87,451 in PY2020 CDBG returned funding to complete the public works project.
Background
Adopt the resolution.
Fiscal Impact
There is no fiscal impact on the General Revenue Funds.
DEI Impact
Community Development Block Grant (CDBG) program requires that each activity funded, except for administration, meet one of three national objectives. The three national objectives area: 1) benefit to low- and moderate-income (LMI) persons; 2) Aid in the prevention or elimination of slums or blight; and 3) Meet a need having a particular urgency. An activity that does not meet a national objective is not compliant with CDBG requirements.
Oak Park CDBG program focuses on the first national objective which benefits low-and moderate-income persons. This objective includes the following eligible activities: Area benefit activities (LMA), Limited Clientele Activities (LMC), Housing Activities (LMH), and Job Creation and Retention Activities (LMJ).
Alternatives
None.
Previous Board Action
On Augus...
Click here for full text