HomeMy WebLinkAboutItem #22 - First Reading OrdinanceJ-95-190
2/28/95
ORDINANCE NO.
AN ORDINANCE ESTABLISHING FOUR (4) NEW
SPECIAL REVENUE FUNDS UNDER THE FOUR
TITLES LISTED BELOW AND APPROPRIATING
FUNDS FOR THE OPERATION OF EACH OF THE
FOUR (4) NEW SPECIAL REVENUE FUNDS IN
THE AMOUNTS SPECIFIED AS FOLLOWS:
COMMUNITY DEVELOPMENT BLOCK GRANT
(TWENTY-FIRST YEAR) - $13,709,000;
HOME INVESTMENT PARTNERSHIP (HOME) -
$4,038,000; EMERGENCY SHELTER GRANT
(ESG) - $494,000; AND HOUSING
OPPORTUNITIES FOR PERSONS WITH AIDS
(HOPWA) - $7,906,000; FURTHER
APPROPRIATING THE SUM OF $2,700,000
FROM TWENTIETH YEAR COMMUNITY
DEVELOPMENT BLOCK GRANT (CDBG) PROGRAM
INCOME AS APPROVED BY THE DEPARTMENT
OF HOUSING AND URBAN DEVELOPMENT (HUD)
FOR A TOTAL CDBG APPROPRIATION OF
$16,409,000; CONTAINING A REPEALER
PROVISION AND A SEVERABILITY CLAUSE.
i
WHEREAS, it 44 icipated that the Department of Housing
and Urban De a opme t will award tke
ty of Miami a grant of
$13 , , 09 , 0 ed "Commu Dg�t Block Grant (Twenty -
Fir t Y ar to provide e n y development activities for the
per %commencing n 95, and ending May 31, 1996; and
W REAS, th Department of Community Development
projected that income amounting to $2,700,000 will be generated
during the period commencing June 1, 1995, and ending May 31,
1996; and