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HomeMy WebLinkAbout7611RESOLUTION NO. 7611 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ARCADIA, CALIFORNIA, AUTHORIZING THE ALLOCATION OF COMMUNITY DEVELOPMENT BLOCK GRANT ("CDBG") FUNDS FOR FISCAL YEAR 2025-26, 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 $286,738 in Fiscal Year 2025-2026 in Community Development Block Grant Funds; and WHEREAS, the City Council has conducted a public hearing, with the required prior noticing to provide the public and 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 2025-2026 and instructs staff to submit the necessary document 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 new 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 21st day of January, 2025. ATTEST. City Clerk ' APPROVED AS TO FORM: 4/0�— - Michael J. Maurer City Attorney 2 ``i/Vt zCMe-- (w Mayor of the City of Arcadia STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES) SS: CITY OF ARCADIA ) I, LINDA RODRIGUEZ, City Clerk of the City of Arcadia, hereby certifies that the foregoing Resolution No. 7611 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 21 st day of January, 2025 and that said Resolution was adopted by the following vote, to wit: AYES: Cheng, Fu, Wang, Kwan, and Cao NOES: None ABSENT: None 3 City Clerk of the City of Arcadia