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1999-059-Authorizing The Transfer Of CDBG Funds From Project LG-97-51RESOLUTION 1999 - 59 RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF LOS GATOS AUTHORIZING THE TRANSFER OF CDBG FUNDS FROM PROJECT LG- 97 -51, "HOUSING REHAB LOANS," TO PROJECT LG- 97 -41, "ADA ACCESSIBILITY IMPROVEMENTS" WHEREAS, the Town of Los Gatos receives Community Development Block Grant funds from the U.S. Department of Housing and Urban Development through the County of Santa Clara as a non - entitlement city pursuant to the provisions of Title I of the Housing and Community Development Acts of 1974 and 1977, as amended; and WHEREAS, the Town has been allocated $41,150.00 by the County for the Town's project number LG- 97 -41, "ADA Accessibility Improvements," which funds shall be used to complete the Library Restroom Remodel project; and WHEREAS, completion of Americans with Disabilities Act (ADA) projects is a Town priority; and WHEREAS, the Town desires to transfer the $23,438.26 allocated by the County for the Town's project number LG- 97 -51, "Housing Rehab Loans," into project number LG- 97 -41, in order that the Library Restroom Remodel project be fully funded; and WHEREAS, the Town has sufficient funds allocated in its own accounts to fully fund its Housing Rehabilitation Loan program, without use of County- allocated CDBG funds. NOW, THEREFORE, THE TOWN COUNCIL OF THE TOWN OF LOS GATOS DOES HEREBY RESOLVE AS FOLLOWS: The Town Council does hereby authorize the transfer of CDBG funds from project LG- 97 -51, "Housing Rehab Loans," to project LG- 97 -41, "ADA Accessibility Improvements." PASSED AND ADOPTED at a regular meeting of the Town Council of the Town of Los Gatos, California, held on the 17th day of May, 1999 by the following vote: COUNCIL MEMBERS: AYES: Randy Attaway, Steven Blanton, Linda Lubeck, Joe Pirzynski, Mayor Jan Hutchins NAYS: None ABSENT: None ABSTAIN: None I SIGNED: "D.F. -ThIE -TOWN OF LOS GA .TOS, CALIFORNIA ATTEST: CLERK OF THE TOWN OF Il0 GATOS LOS GATOS, CALIFORNIA