TO: Mayor and City Commission
FROM: Samuel A. May, Interim City Manager
DATE: August 23, 2017
Title
PUBLIC HEARING AND RESOLUTION - ADOPTING THE CITY OF MARGATE COMMUNITY DEVELOPMENT BLOCK GRANT (CDBG) ANNUAL ACTION PLAN FOR FISCAL YEAR 2017; ACCEPTING THE ANNUAL ALLOCATION IN THE AMOUNT OF $326,970 FOR HOUSING REHABILITATION, FIRST TIME HOMEBUYER ASSISTANCE, PUBLIC FACILITIES, AND ADMINISTRATION; AND AUTHORIZING THE CITY MANAGER TO EXECUTE AND/OR SUBMIT ANY AND ALL RELATED DOCUMENTS TO THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT AFTER A FOURTEEN (14) DAY PUBLIC COMMENT PERIOD.
BACKGROUND: On May 17, 2017, the City Commission approved an amendment to the City’s Consolidated Plan to add first time homebuyer assistance and public facilities as activities for the City’s Community Development Block Grant program. This resolution provides for approval of the required 2017 Annual Action Plan based upon the previously approved activities.
RECOMMENDATION: For approval.
FISCAL IMPACT: $326,970 CDBG allocation
CONTACT PERSON: Samuel A. May, Interim City Manager