City Council

2. FISCAL YEAR 2024-2025 HUD ACTION PLAN SUBSTANTIAL AMENDMENT: Economic\nDevelopment.\nTHAT THE CITY COUNCIL:\n1) CONDUCT THE PUBLIC HEARING AND RECEIVE COMMENTS ON THE REVISED\nSUBSTANTIAL AMENDMENT TO THE FY 2024-25 ANNUAL ACTION PLAN FOR THE\nUSE OF COMMUNITY DEVELOPMENT BLOCK GRANT FUNDS, THEREBY\nREALLOCATING $ 13,933 TO THE EXISTING SECTION 108 LOAN REPAYMENT\nACTIVITY AND $ 17,567 TO THE HOUSING REHABILITATION PROGRAM, FOR A TOTAL\nREALLOCATED AMOUNT OF $ 31,500;\n2) APPROVE THE PROPOSED 2024-2025 ANNUAL ACTION PLAN SUBSTANTIAL\nAMENDMENT AND AUTHORIZE THE CITY MANAGER, OR HIS DESIGNEE, TO SUBMIT\nTHE PLAN AND ANY NECESSARY AMENDMENTS TO THE PLAN TO THE U.S\nDEPARTMENT OF HOUSING AND URBAN DEVELOPMENT; AND,\n3) AUTHORIZE THE CITY MANAGER, OR HIS DESIGNEE, TO MODIFY AND EXECUTE ANY\nAND ALL APPROPRIATE INSTRUMENTS, AGREEMENTS, CONTRACTS, AND\nIMPLEMENTING DOCUMENTS RELATED TO THE IMPLEMENTATION AND\nADMINISTRATION OF THE SUBSTANTIAL AMENDMENT TO THE 2024- 2025 ANNUAL\nACTION PLAN FOR THE USE OF COMMUNITY DEVELOPMENT BLOCK GRANT\nPROGRAM FUNDS.