HomeMy WebLinkAboutResolution No. 07-C073RESOLUTION NO. 07-C73
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF AZUSA ADOPTING
PROPOSED CHANGES TO THE STATEMENT OF COMMUNITY DEVELOPMENT
OBJECTIVES AND PROJECTED USE OF FUNDS FOR THE COMMUNITY
DEVELOPMENT BLOCK -GRANT PROGRAM FOR FISCAL YEAR 2007-08
WHEREAS, the City of Azusa is participating under the County of Los Angeles
Community Development Block Grant (CDBG) Program; and
WHEREAS, City staff has proposed to program newly available prior year funds of
$125,000 into a new Project titled Economic Development Loan Program; and
WHEREAS, the proposed change represents a substantial change to the statement
of community development objectives and projected use of funds for the Community
Development Block Grant program for fiscal year 2007-08; and
WHEREAS, the City has allowed written comment and public testimony on the
City's community development needs; and
WHEREAS, the City Council has heard any and all public input received regarding
the City's proposed changes to the projected use of Community Development Block
Grant funds.
NOW, THEREFORE, BE IT RESOLVED, that the City Council of the City of Azusa
does hereby take the following actions:
SECTION 1. Approve the new CDBG Project titled Economic Development Loan
Program and the Economic Development Loan Program Guidelines; and
SECTION 2. Approve programming $125,000 of newly available prior year CDBG
funds into the new project titled Economic Development Loan Program; and
SECTION 3. Authorize the Mayor or authorized designee to execute any and all
necessary contracts and agreements with the Los Angeles County Community
Development Commission and with each approved recipient/ subrecipient of the
program, together with any minor changes therein which may be approved by the City
Manager and, as necessary, the City Attorney.
SECTION 5. The City Clerk shall certify the adoption of this resolution.
PASSED AND APPROVED this 6th day of August 2007.
Z -r 4
.Mayor
1 HEREBY CERTIFY that the foregoing Resolution No. 07-C73, was duly passed,
approved, and adopted by the City Council of the City of Azusa, at a regular meeting of
said City Council held on the 6"' day of August, 2007, by the following vote of the
Council:
AYES: COUNCILMEMBERS: CARRILLO, MACIAS, HANKS
NOES: COUNCILMEMBERS: GONZALES, ROCHA
ABSTAIN: COUNCILMEMBERS: NONE
ABSENT: COUNCILMEMBERS: NONE