BY COUNCILOR GILBERT:
WHEREAS, that city of Duluth established certain 2006 CDBG accounts pursuant to Resolution 05-0865; and
WHEREAS, the community development committee (cd committee) for the community development program passed a resolution recommending funding in the programs as set forth below.
NOW, THEREFORE, BE IT RESOLVED, that the proper city officials are authorized to make the following fund decrease in the Federal Program Fund 262, Agency 020, 2006 HUD-funded community development accounts as set forth below.
STATEMENT OF PURPOSE: The purpose of this resolution is to finalize the FY 2006 CDBG portion of the community development program. The city received an entitlement grant of $2,898,514, which was $42,086 less than anticipated during the budgeting process. The community development committee had initially added $4,000 to each youth program and reduced other projects within this category. The community development committee stated that any further reductions in funding should be taken from the increased amounts to spread out the reductions.