Laserfiche WebLink
<br />e <br /> <br />e <br /> <br />- <br /> <br />Mr. Byrne then discussed the proposed FY83-84 grant application and noted that <br />the funding categories were based on the plan adopted by the council 18 months <br />ago. He said it was proposed that the funding for the Jefferson/Far West <br />Neighborhood Improvement Program be accelerated so that the program could be <br />accomplished in one year rather than two. Funding for this program was therefore <br />proposed at $300,000. The remainder of the funding proposal was as follows: <br />$428,750 for housing rehabilitation; $331,250 for the Economic Development Fund <br />managed through the City Council Subcommittee on Economic Diversification; <br />$55,000 for restoration of the Alpha Tau Omega historic building; $50,000 for <br />contingency funds--a reduction of $25,000 from last year's contingency allocation; <br />and $265,000 for planning and administration. Mr. Byrne noted that this $265,000 <br />represented 20 percent of the grant amount, the maximum allowed by HUD regulations <br />for administration. He said that the target for the program was to reduce <br />administration costs to 15 percent of the grant amount. <br /> <br />Councilor Lindberg said that the council would hold a public hearing on the <br />grant application at its May 9, 1983, meeting. He commended staff for the good <br />work on the program and resolution of past program concerns. <br /> <br />The meeting was adjourned. <br /> <br />Respectfully submitted, <br /> <br />~ <br /> <br />Micheal D. Gleason <br />City Manager <br /> <br />(Recorded by Darcy Marentette) <br /> <br /> <br />MDG:DCM:dcm/CM8b6 <br /> <br />MINUTES--Eugene City Council <br /> <br />April 27, 1983 <br /> <br />Page 6 <br /> <br />/ <br />