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HomeMy WebLinkAbout4.04 CDBG Budget Amendmnt . ' ' . CITY OF DUBLIN AGENDA STATEMENT CITY COUNCIL MEETING DATE: February 8, 1993 SUBJECT: Community Development Block Grant (CDBG) Budget Amendment FY 1992- 1993 REPORT PREPARED BY: ~ennis Carrington, Senior Planner EXHIBITS ATTACHED: None RECOMMENDATION: Authorize an additional appropriation in the amount of $23,781 to the Arroyo Vista Playground Equipment Project. FINANCIAL STATEMENT: These costs will be paid from CDBG revenues DESCRIPTION: On February 25, 1991, the City Council authorized the expenditure of Community Development Grant (CDBG) funds in the amount of $23,781 to the Dublin Housing Authority for installation of playground equipment in Arroyo Vista. On June 8, 1992, the city Council authorized a budget transfer of $23,781 for the Dublin Housing Authority because the 1991-1992 budget did not contain revenue or expense items for the Dublin Housing Authority. The situation arose when the Alameda County Department of Housing and Community Development (HCD) changed its policy which allowed direct reimbursement of grantees by HCD to a policy allowing reimbursement of grantees only by the city, which would then be reimbursed by HCD. The Dublin Housing Authority 'did not install the playground equipment in Fiscal Year 1991-1992 because the equipment no longer meets federal safety requirements. The $23,781 will be used to purchase new equipment, its installation and for landscaping. In order to pay the Dublin Housing Authority it will be necessary to amend the Fiscal Year 1992-1993 Budget in the amount of $23,781. There will be no net cost to the city since these costs will be reimbursed to the city from CDBG funds. /CDBGBDG~ -------- -- --------------------------------------------- ITEM NO. COPIES TO: Senior Planner Agenda File/General File Finance Director Ophelia Basgal CiTY CLERK FILE~