Office of the City Clerk - Record #: O2014-4121

• Record #: O2014-4121
• Type: Ordinance
• Status: Passed
• Intro date: 4/30/2014
• Current Controlling Legislative Body: Committee on Budget and Government Operations
• Final action: 4/30/2014
• Title: CDBG Year XL Ordinance amendment for Department of Transportation and Department of Buildings
• Sponsors: Dept./Agency
• Topic: BUDGET & APPROPRIATIONS - CDBG - Year XL

Date	Journal Page Number	Action By	Action	Result
4/30/2014	79481	City Council	Passed	Pass
4/29/2014		Committee on Committees, Rules and Ethics	Recommended to Pass
4/29/2014		Committee on Budget and Government Operations	Direct Introduction

Office of Budget and Management
CITY OF CHICAGO



April 24, 2014





TO THE HONORABLE, THE CHAIRMAN AND MEMBERS OF THE CITY COUNCIL COMMITTEE ON THE BUDGET AND GOVERNMENT OPERATIONS

Ladies and Gentlemen:
I transmit herewith an ordinance amending the Year XL CDBG ordinance. Your favorable consideration of this ordinance will be appreciated.

Alexandra Holt Budget Director
121 NORTH LASALLE STREET, ROOM 604, CHICAGO, ILLINOIS 60602



Very truly yours,

ORDINANCE

WHEREAS, on November 26, 2013 the City Council of the City adopted an ordinance entitled "Submission of Final Statement of Objectives and Projected Use of Funds for Community Development Block Grant Year XL, as Amended" (the "Year XL CDBG Ordinance"); and

WHEREAS, During the course of 2014, an additional $18,000,000 has become available for CDBG-related expenditures as a result of salvage, and it is prudent and appropriate to incorporate these additional funds into the Year XL CDBG Ordinance; and

WHEREAS, The Office of Budget and Management seeks to allocate $15,000,000 of this salvage-related funding to the Chicago Department of Transportation for street resurfacing and to allocate $3,000,000 to the Department of Buildings for code enforcement-related demolition activities; now, therefore,

BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CHICAGO:

SECTION 1. The above recitals are expressly incorporated in and made a part of this ordinance.

SECTION 2. The sum of $18,000,000, representing funding that has become available through a grant salvage exercise, is hereby added to the total appropriation for the Year XL CDBG Ordinance.

SECTION 3. The Year XL CDBG Ordinance, as amended, is hereby further amended by striking the words and figures and adding the words and figures indicated in Exhibit A attached hereto.

SECTION 4. This ordinance shall be in full force and effect upon its passage and approval.















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Exhibit A
AMENDMENT TO COMMUNITY DEVELOPMENT BLOCK GRANT


APPROPRIATION ORDIN...