THE YEAR XL COMMUNITY DEVELOPMENT BLOCK GRANT ORDINANCE
WHEREAS, pursuant to the enactment of the Federal Housing and Community Development Act of 1974, as amended (the "Act"), the City of Chicago proposes to submit the Action Plan for Year XL Community Development Block Grant ("CDBG") funds, unexpended funds of prior federal years and related revenues in the amount of ninety-seven million, two hundred twenty-two thousand dollars ($97,222,000.00), plus entitlement funding for the HOME Investment Partnership Program ("HOME"), the Emergency Solutions Grant ("ESG"), and the Housing Opportunities for Persons With AIDS Grant ("HOPWA"). Appropriation for HOME, ESG and HOPWA is being made concurrently in the Annual Appropriation Ordinance for the associated fiscal year; and
WHEREAS, it is provided in the Act and in regulations promulgated thereunder that the City provide certain assurances to the federal government; and
WHEREAS, the Mayor and the City Council of the City of Chicago are cognizant of the conditions of the Act, and are desirous of complying therewith; and
WHEREAS, the Mayor and the City Council are desirous of establishing procedures which insure fair, open and equitable administration of federal grant funds; and
WHEREAS, the City of Chicago is a home rule unit of government as defined in Article VII, Section 6(a) of the Illinois Constitution, and as such may exercise any power and perform any function pertaining to its government and affairs; and
WHEREAS, the management of its finances is a matter pertaining to the government and
affairs of the City; now, therefore,
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CHICAGO:
SECTION 1. The Mayor of the City of Chicago is hereby authorized to make Year XL submission for funds, including the Strategic Plan, which outlines the final statement of objectives and projected use of funds, in the sum of ninety-seven million, two hundred twenty-two thousand dollars ($97,222,000.00) in CDBG funds, unexpended fu...
Click here for full text