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CC Resolution 10818 RESOLUTION NO. 10818 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CAMPBELL TO APPROVE THE RE-ALLOCATION OF $4,225.81 IN CDBG FUNDS FROM FISCAL YEAR 2006-2007 AND $16,607 FOR FISCAL YEAR 2007-2008 AND ALLOCATE BOTH AMOUNTS TO REBUILDING TOGETHER SILICON VALLEY WHEREAS, the City Council had previously approved a CDBG contract with Economic & Social Opportunities, Inc. (ESO) for Fiscal Year 2006-2007 as well as a new CDBG contract for the current Fiscal Year 2007-2008; and WHEREAS, ESO is bankrupted and unable to complete last fiscal year's contract as well as assume this year's contract; and WHEREAS, the City Council and Civic Improvement Commission held public hearings on the re-allocation of CDBG funds; and WHEREAS, the City Council finds and determines that the recommendations for the re- allocated funds listed below represent the minor home repairs/home access needs in Campbell. NOW, THEREFORE, BE IT RESOLVED that the City Council does hereby authorize the re-allocation of CDBG funds as follows: Rebuilding Together Silicon Valley (FY2007-08) Rebuilding Together Senior client re-pipe (FY2006-07) Total Expenditures of Re-allocated funds : $16,607.00 $ 4,225.81 $20,862.81 PASSED AND ADOPTED this 2nd day of October, 2007, by the following roll call vote: AYES: NOES: ABSENT: ABSTAIN: COUNCILMEMBERS: COUNCILMEMBERS: COUNCILMEMBERS: COUNCILMEMBERS: Kennedy, Hernandez, Low, Burr, Furtado None None None ~1~~ ATTEST: ~~rk Daniel E. Furtado, Mayor