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.
1
Exhibit A
AMENDMENT TO COMMUNITY DEVELOPMENT BLOCK GRANT
APPROPRIATION ORDINANCE
Community Development Block Grant
Reallocation of Unspent Community Development Block Grant
(84) -Chicago Department of Transportation
Infrastructure Repair - Street Resurfacing
(67) Department of Buildings
.2505- Troubled Buidlings Program Total
.0140 Professional and Technical Services
Overall Department Total
Strike Amount Add Amount
$ 97,222,000 $ 115,222,000
$ 20,403,481 $ 38,403,481
$ - $ 15,000,000
$ 3,810,070 $ 6,810,070
$ 200,000 $ 3,200,000
$ 6,546,065 $ 9,546,065
CHICAGO, April 30, 2014
To the President and Members of the City Council:
Your Committee on the Budget and Government Operations, having had under consideration an Ordinance amending the Year XL Community Development Block Grant Ordinance, having had the same under advisement, begs leave to report and recommend that Your Honorable Body adopt the Ordinance transmitted herewith.
This recommendation was concurred in by a viva voce vote of the members of the Committee.
Carrie M. Austin Chairman