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#145 01-21-80 Approve Transfer of CDBG Funds1 Resolution #145 January 21, 1980 - Member Johnson introduced and read the following resolution and moved its adoption: RESOLUTION RELATING TO TRANSFER OF CDBG FUNDS WHEREAS, the City of Golden Valley has passed resolutions supporting its inclusion in the Urban Hennepin County Block Grant application; and WHEREAS, the City has received funding through the block grant projects each year since the grant's inception in 1975; and WHEREAS, the City has a number of these projects where completion is no longer feasible, NOW THEREFORE, BE IT RESOLVED, that the City of Golden Valley wishes at this time to transfer funds from projects laid out in Exhibit A, where completion is no longer feasible to existing projects of a different nature, as stated in Exhibit A. ROSEMARY THORSEN MA R ATTEST: ,-- I -L JOHN MURPHY CI Y CLERK The motion for the adoption of the foregoing resolution was seconded by Member Anderson and upon vote being taken thereon, the following members voted in favor thereof: Anderson, Johnson, Mitchell, Stockman and Thorsen and the following voted against the same: none, whereupon said resolution was declared duly passed and adopted, signed by the Mayor and her signature attested by the clerk. Resolution #145 (continued) TRANSFER: FROM EXHIBIT A Fund Amount Year III Project 15 - 236 Neighborhood Park $12,355 Year III 25,000 Project 19 - Raised Buildings Year V 45,000 Project V - Architectural Barriers Year V 12,000 Project V11 - Housing Conversion and Rehab Study TO Fund Amount Year it Project 16 - Lakeview Park $1,919.59 Year II Project 17 - Storm Sewer 10,435.41 Year V 25,000 Project Iv - Energy Con- servation (the County claims that this is really in essence a city-wide rehab program, so at this time we want to change the name of Project IV to Home Rehab and transfer the full $25,000 to that account) Project VIII - Scattered Site Project VII I - Scattered Site 45,000 m 1