#205 05-05-80 Approve Transfer of CDBG Funds1
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Resolution #205 May 5, 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 attached Exhibit A where
completion is no longer feasible, to existing projects of a different nature, as
stated in Exhibit A.
ROSEMARY THORSL- YOR
ATTEST:
JOHN MURPHY, i ITY 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.
EXHIBIT A
Transfer:
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FROM
TO
Fund
Amount
Fund
Amount
Year 11
$12,355.00
Year II
$ 3,880.48
Project 15
Project 16
263 Neighborhood
Lakeview Park
Park
Year II
$ 8,474.52
Project 17
Storm Sewer
Year III
$ 25,000.00
Year V
$25,000.00
Project 19
Project 24
Raised Buildings
Energy Conservation (the County
claims that this is really in
essence a city-wide rehab pro-
gram, 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.
Year V
$ 45,000.00
$45,000.00
Project 63
Project 14034
Architectural Barriers
Scattered Site
Year V
$ 12,000.00
$ 6,000.00
Project 2
Project 14034
Housing Study
Scattered Site
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