Community Development Block Grantcos a COUNCIL AGENDA REPORT
DATE: May 25, 2012
TO: MAYOR AND TOWN COUNCIL
FROM: GREG LARSON, TOWN MANAGER
MEETING DATE: 6/04/12
ITEM NO: r-
SUBJECT: ADOPT A RESOLUTION AUTHORIZING THE TRANSFER OF
COMMUNITY DEVELOPMENT BLOCK GRANT FUNDS AND HOUSING
CONSERVATION PROGRAM LOANS, AND RELATED BUDGET
ADJUSTMENTS
RECOMMENDATION
Adopt a resolution authorizing the transfer of Community Development Block Grant (CDBG)
funds and Housing Conservation Program loans, and related budget adjustments.
BACKGROUND
The Town has participated in the Santa Clara Urban County CDBG Program since 1975.
Through this program, the Town receives federal CDBG funds for activities which benefit
primarily very low and low income households, including Americans with Disabilities Act
(ADA) modifications, affordable housing developments, the Housing Conservation Program, and
service programs administered by local nonprofit agencies.
In October 2011 Santa Clara County assumed responsibility for administration of the CDBG
program on behalf of all urban county member municipalities, including allocation of funds,
administration of contracts, and management of the Housing Rehabilitation/Conservation
Program.
DISCUSSION
The Town's Cash Control Record (a document used for
tracking CDBG
grant balances)
currently includes
an allocation to the Town of $87,362.78
for the purpose
of the housing
conservation and
rehabilitation program. As the County is
now administering the housing
conservation and
rehabilitation program a transfer of the related assets for
the program is
reco>mnended by
staff. will allow the County
to access these
fields for their
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PAGE 2
MAYOR AND TOWN COUNCIL
SUBJECT: ADOPT A RESOLUTION AUTHORIZING THE TRANSFER OF CDBG
FUNDS AND HOUSING CONSERVATION PROGRAM LOANS
May 25, 2012
intended use for housing conservation and rehabilitation as provided for in the Community
Development Block Grant.
CONCLUSION
Staff recommends that Council adopt a resolution (Attachment 1) authorizing the transfer of
CDBG fields in the amount of $87,362.78 for the housing conservation and rehabilitation
program to the County of Santa Clara.
ENVIRONMENTAL ASSESSMENT
The recommended action is not a project defined under CEQA, and no further action is required.
FISCAL IMPACT
In FY 2008/09 the small administrative cost fee reimbursement to the Town of approximately
$600 per year was eliminated as all administrative dollars available in the annual grant were
absorbed by the County administrative program costs. Hence, the recommended action would
have no additional impact on the General Fund.
Attachments:
Draft Resolution of the Town Council of the Town of Los Gatos
Distribution:
Tracy Cunningham, Santa Clara County Office of Affordable Housing
RESOLUTION 2011 -XXX
RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF LOS GATOS
AUTHORIZING THE OFFICE OF AFFORDABLE HOUSING IN SANTA CLARA COUNTY
TO ASSUME SERVICING OF THE TOWN OF LOS GATOS HOUSING CONSERVATION
AND REHABILITATION PROGRAM
WHEREAS, the Town is operating under a three year (October 1, 2011 through October 1,
2014) ,Ioint Powers Agreement with Santa Clara County to form an Urban County under the Housing and
Community Act; and
WHEREAS, the County of Santa Clara has assumed administration of the Housing
Conservation and Rehabilitation Program; and
WHEREAS, allocated fields are available in the amount of $87,362.78 in the Housing
Conservation and Rehabilitation Program.
RESOLVED, that the Town Council authorizes the Office of Affordable Housing of Santa
Clara County to assume the servicing the Town's existing rehabilitation loans, manage new loans
including transferring existing rehabilitation loan funds to cover the cost associated with new loans,
BE IT FURTHER RESOLVED, that the Town Council hereby designates the Town
Manager or his designee to assume the responsibility to execute the transfer of the $87,362.78 in housing
conservation and rehabilitation program to the County of Santa Clara Office of Affordable Housing.
PASSED AND ADOPTED at a regular meeting of the Town Council of the Town of Los
Gatos, California, held on the 4`" day of June, 2012 by the following vote:
COUNCIL MEMBERS:
AYES:
NAYS:
ABSENT:
ABSTAIN:
SIGNED
MAYOR OF THE TOWN OF LOS GATOS
LOS GATOS, CALIFORNIA
ATTEST:
CLERK OF THE TOWN OF LOS GATOS
LOS GATOS, CALIFORNIA
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