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Res 076-2014 7/15/2014RESOLUTION NO. 76-2014 Resolution approving the PY 2014 Action Plan of the Consolidated Plan to allocate FY 2014 Community Development Block Grant (CDBG) funds in the amount of $1,112,813 and FY 2014 HOME Investment Partnership Program (HOME) funds in the amount of $291,390, and re-allocate $275,000 in FY 2012 CDBG funds and $142,958 in FY 2012 HOME funds WHEREAS, the City of Wichita Falls, acting in its capacity as a HUD Grantee, administers federally-funded programs to benefit the community; WHEREAS, the City Council has held a public hearing to receive citizen input; WHEREAS, the City Council Subcommittee on Outside Agencies has met with and considered requests from local non -profit organizations and City departments that have applied f or funding; and WHEREAS, during the Public Hearing, the full City Council has considered citizen comments and has reviewed the proposed use of funds. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WICHITA FALLS, TEXAS, THAT: 1. The City Council of Wichita Falls, T exas hereby approves and adopts the PY 2014 Annual Action Plan Funding Allocations that were recommended to the City Council by the Council Subcommittee on Outside Agencies and that will provide for developing, implementing, and administering eligible programs and activities through the CDBG and HOME Programs. 2. The City of Wichita Falls, acting in its capacity as a HUD Grantee , is authorized to apply for $1,112,813 in FY 2014 CDBG funding and $291,390 in FY 2014 HOME funding and to reallocate $275,000 in FY 2012 CDBG funding and $142,958 in FY 2012 HOME funding. Such funding shall be utilized for eligible projects and administrative costs. The City Council authorizes the City Manager to execute any and all amendments, agreements, and other documents necessary to implem ent the aforementioned Action Plan. PASSED AND APPROVED this the 15th day of July, 2014. ______________________________ M A Y O R ATTEST: ____________________ City Clerk