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HomeMy WebLinkAboutResolutions - 1990.05.24 - 16778TBY AP/UMW:ME FOREGOING RESOLUTION Oarth,LAL urhy, County Exetu- wk4/my9021ms May 24, 1990 MISCELLANEOUS RESOLUTION #90101 BY: IN RE: FINANCE COMMITTEE, DR. G. WILLIAM CADDELL, CHAIRPERSON COMMUNITY DEVELOPMENT DIVISION - 1990/1991 RENTAL REHABILITATION GRANT PROGRAM ACCEPTANCE TO THE OAKLAND COUNTY BOARD OF COMMISSIONERS Mr. Chairperson, Ladies and Gentlemen: WHEREAS a report was submitted to the Chairperson of the Oakland County Board of Commissioners regarding the Community Development Division's application for funding in the amount of $125,000 for the 1990-1991 Rental Rehabilitation Program; and WHEREAS the U.S. Department of Housing and Urban Development has approved an award of $125,000 for Oakland County for the period June 1, 1990 through May 31, 1991 for the program, as detailed in the attached schedule; and WHEREAS this grant is 100% federally funded and no County funds are required; and WHEREAS the grant agreement has been reviewed and approved as to legal sufficiency by Corporation Counsel. NOW THEREFORE BE IT RESOLVED that the Oakland County Board of Commissioners accepts the 1990-1991 Rental Rehabilitation Grant Program award in the mount of $125,000. BE IT FURTHER RESOLVED that the Chairperson of the Oakland County Board of Commissioners be and is hearby authorized to execute said grant agreement. BE IT FURTHER RESOLVED that the Chairperson of the Board is authorized to approve minor changes and grant extentions, not to exceed fifteen (15) percent variance, which is consistent with the agreement as approved. BE IT FURTHER RESOLVED that the acceptance of this grant does not obligate the County to any further commitment. BE IT FURTHER RESOLVED THAT the 1990/1991 Budget not be amended at this time, as data is being compiled for further information, forthcoming in August, 1990. Mr. Chairperson, on behalf of the Finance Committee, I move the adoption of the foregoing resolution. FINANCE COMMITTEE 'COMMUNITY DEVELOPMENT DIVISION RENTAL REHABILITATION PROGRAM FY 1984 - FY 1990 SCHEDULE 1 1984 1985 1986 1987 1988 1989 • Award $154,000 $149,000 $ 67,000 $187,000 $186,000 $139,000 $125,000 Recaptured (89,721) (145,005) (54,144) Accumulated 154,000 213,279 280,279 322,274 454,130 593,130 718,130 1990 Variance Increase (Decrease) $(14,000) Funds Obligated To Date: Funds Uncommitted: Total Funds Thru 1989: $461,087 $132,043 $593,130 KRP/bbe Resolution # 90101 May. 24 1990 Moved by Caddell supported by Chester the resolution be adopted. AYES: Huntoon, Jensen, Johnson, R. Kuhn, S. Kuhn, Law, Luxon, McConnell, McPherson, Moffitt, Olsen, Pappageorge, Pernick, Price, Rewold, Skarritt, Wolf, Aaron, Bishop, Caddell, Calandra, Chester, Crake, Ferrens, Gosling. (25) NAYS: None. (0) A sufficient majority having voted therefor, the resolution was adopted. STATE OF MICHIGAN) COUNTY OF OAKLAND I, Lynn D. Allen, Clerk of the County of Oakland, do hereby certify that the foregoing resolution is a true and accurate copy of a resolution adopted by the Oakland County Board of Commissioners on May 4, 1990 with the original record thereof now remaining in my office. In Testimony Whereof, I have hereunto set my hand and affixed the seal of the County of Oakland at Pontiac, Michigan this 24th day pt—, .May IS 90 244 Lynt/D. Allen, County Clerk