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09/22/2009 Resolutions 2009-230RESOLUTION 2009-230 WHEREAS, the Nebraska Department of Economic Development allows local governments to retain program income from the Housing Category on eligible Community Development Block Grant activities that rehabilitate or support housing; and WHEREAS, Program Income Reuse Funds are administered by the Community Development Division for activities that rehabilitate or support housing located within Community Development Block Grant (CDBG) project area boundaries; and WHEREAS, Nebraska Department of Economic Development periodically updates official program income reuse requirements which necessitate revisions to local guidelines; and WHEREAS, a public hearing was held on September 22, 2009 to solicit public comment regarding the plan. NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COUNCIL OF THE CITY OF GRAND ISLAND, NEBRASKA, that the Program Income Reuse Plan for housing activities is adopted and approved and that such revised plan be submitted to the Nebraska Department of Economic Development. Adopted by the City Council of the City of Grand Island, Nebraska, September 22, 2009. ~'~2 Margaret ornady, Mayor Attest: RaNae Edwards, City Clerk Approved as to Form o r ~4 September 21, 2009 a CityAttorney