BY COUNCILOR GILBERT:
WHEREAS, the city of Duluth established certain 2006 ESGP accounts pursuant to Resolution 05-0867; and
WHEREAS, the city received a decreased award of ESGP funding from the original program estimate; and
WHEREAS, the community development committee (cd committee) for the community development program recommended funding the following programs as set forth below.
NOW, THEREFORE, BE IT RESOLVED, that the proper city officials are authorized to make the following fund decreases in the Federal Program Fund 262, Agency 020, 2006 HUD-funded community development accounts as set forth below:
STATEMENT OF PURPOSE: This resolution decreases the 2006 ESGP program by $968 due to the decreased award of funds by HUD under the anticipated program estimate. The estimated ESGP program total was $125,000 and after the city received the allocation letter it was revised to $124,032. This action reduces the amount that the cd committee recommended for the FY 2006 ESGP. The final grant amount was lower than the projected budget estimate due to the across-the-board congressional budget reduction of one percent.