HomeMy WebLinkAboutAGENDA REPORT 2002 1016 CC REG ITEM 08Ar
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TO:
FROM:
ITEMS A.
CITY OFN'IOORFARK, CATAFORNIA
City Co ncil Meeting
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ACTION:
MOORPARK CITY COUNCIL
AGENDA REPORT
By: - ----
Honorable City Council
Nancy Burns, Senior Management Analyst'
DATE: October 10, 2002 (CC Mtg. of October 17, 2002)
SUBJECT: Consider Amending FY 2002 -2003 Annual Action Plan of
Ventura County Community Development Block Grant
(CDBG) FY 2000 -2005 Consolidated Plan to Include
Theater on High Project; Consider Adoption of
Resolution No. 2002- , to Apply for Section 108
Loan for Theater on High Project for $500,000 from the
U. S. Department of Housing and Urban Development
(HUD) for Furnishings, Fixtures and Equipment (FF &E)
for the Theater at 45 East High Street and for the
Acquisition of 11 -17 East High Street; and Consider
Approving Agreement Between City of Moorpark and Janss
IV Recreation for Theater on High Project
BACKGROUND
At a Special Meeting of the Budget and
October 8, 2002, the Committee discussed
this project. Possible funding sources
through a Section 108 loan or a grant of
the City's annual cumulative allocation,
Increment funds.
DISCUSSION
Finance Committee on
funding options for
include CDBG, either
funds available from
and Redevelopment Tax
The use of CDBG funds for this project requires HUD approval,
including environmental clearance, determination of project
eligibility, and confirmation that the project meets one of
HUD's national objectives. These three (3) national objectives
include the following:
1. Benefit to low and moderate income persons;
Honorable City Council
Meeting of October 17, 2002
Page 2
2. Elimination of slum and blight; and
3. Urgent need due to *a serious threat to community health
or welfare.
Under HUD guidelines, at least seventy per cent (70 %) of the
Ventura County entitlement area CDBG funds must be spent for low
and moderate income persons.
In early 2002, Staff began initial procedures to obtain
environmental clearance for this project, under the National
Environmental Policy Act of 1970 (NEPA) , and met with staff from
the County and HUD representatives to clarify project
eligibility. These meetings were used to identify any obstacles
to obtaining the required authorization to expend funds under
CDBG guidelines. A determination of project eligibility has not
been obtained.
Due to the uncertainty of project eligibility and possible
delays in obtaining the required clearance to expend CDBG funds,
the Budget and Finance Committee considered the use of
Redevelopment funds for this project.
STAFF RECOMMENDATION
1. Close public hearing; and
2. Decline request for Section 108 loan application, agreement
with Janss IV Recreation, and amending Annual Action Plan.