Title
A Resolution Of The City Commission Of The City Of Hollywood, Florida, Amending The One Year Action Plan For Fiscal Year 2014-2015 To Recognize And Appropriate $782,002.46 Of Community Development Block Grant (CDBG) Funds, As Further Described In The Attached Exhibit 1; Amending The Fiscal Year 2017 Adopted Operating Budget (R-2016-284) For The Special Programs Fund (11), Revising Operating Revenues, Authorizing Budgetary Adjustments, Expenditures, And Transfers As Detailed In The Attached Exhibit 1; Authorizing The Department Of Financial Services To Establish Account(s) As May Be Needed; And Providing An Effective Date.
Body
Staff Recommends: Approval of Attached Resolution.
Explanation
The attached resolution appropriates $782,002.46 in unexpended program funds as further detailed in Exhibit “1”.
Staff recommends amending the One Year Action Plan for Fiscal
Year 2014-2015 to use the available funds for capital projects involving sidewalk repair and installation, property improvement for commercial facades, holding cost for City owned property, moving expenses and temporary relocation of low- and moderate-income housing rehabilitation program participants, micro-enterprise lending, and paying down existing debt as further detailed in Exhibit “1”.
The Community Development Advisory Board held a duly-noticed public hearing to review the proposed amendment to the One Year Action Plan for Fiscal Year 2014-2015 and have forwarded a recommendation of approval to the City Commission.
Proper public notice has been provided to the citizens of Hollywood prior to this public hearing of the Hollywood City Commission.
Recommended for inclusion on the agenda by:
Dr. Wazir Ishmael, City Manager
Gus Zambrano, Assistant City Manager for Sustainable Development
Thomas Barnett, Director of Development Services