HomeMy WebLinkAbout7540RESOLUTION NO. 7540
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ARCADIA,
CALIFORNIA, AUTHORIZING THE ALLOCATION OF COMMUNITY
DEVELOPEMENT BLOCK GRANT ("CDBG") FUNDS FOR FISCAL YEAR
2024-25, AND APPROVING A STATEMENT OF OBJECTIVES AND
PROJECTS FOR USE OF CDBG FUNDS
WHEREAS, the Community Development Block Grant ("CDBG') Program has
operated since 1974 to provide local governments the resources to meet the needs of
persons of low -and moderate -income; and
WHEREAS, the City of Arcadia contracts with the Los Angeles County
Development Authority ("LACDA") for the disbursement of Community Development
Block Grant Funds, through the Small Cities Program; and
WHEREAS, the City of will receive an estimated total of $291,677 in Fiscal Year
2024-25 in Community Development Block Grant Funds and $133,523.65 in previous
year unallocated funds, for a total of $425,200.65; and
WHEREAS, the City Council has conducted a public hearing, with the required
prior noticing to provide the public an opportunity to comment on the programs.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF ARCADIA,
CALIFORNIA, DOES HEREBY FIND, DETERMINE AND RESOLVE AS FOLLOWS.
Section 1. The City Council approves the Community Development Block Grant
("CDBG') Program Budget for Fiscal Year 2024-25 and instructs staff to submit the
necessary documents and a copy of this Declaration to the Los Angeles County
Development Authority ("LACDA")
Section 2. The City Council authorizes the City Manager to adjust the Program
budget as necessary throughout the Fiscal Year. This includes, but is not limited to,
1
allocating amounts on a per project basis, adjusting project budgets, implementing a new
activity or cancelling existing activities, to allow for the timely expenditure of CDBG-funds.
SECTION 3. The City Clerk shall certify to the adoption of this Resolution.
Passed, approved and adopted this 16th day of January, 2024.
ATTEST:
City Clerk
APPROVED AS TO FORM:
Michael J. Maurer
City Attorney
E
a
Mq&r of the City of Arcadia
STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES) SS:
CITY OF ARCADIA )
I, GENE GLASCO, City Clerk of the City of Arcadia, hereby certifies that the
foregoing Resolution No. 7540 was passed and adopted by the City Council of the City of
Arcadia, signed by the Mayor and attested to by the City Clerk at a regular meeting of said
Council held on the 16th day of January, 2024 and that said Resolution was adopted by the
following vote, to wit:
AYES: Cheng, Kwan, Wang, Cao, and Verlato
NOES: None
ABSENT: None
3
City Clerk of the City of Arcadia