Fiscal Note
The CDBG 2008 Operating Budget includes $116,300 in Federal CDBG funds that have been approved to support Hiestand Neighborhood capital improvements. This resolution will transfer funds from CDBG and establish capital projects in Engineering ($46,000) and Parks Division ($70,300) to authorize the agencies to proceed with the capital improvement projects as follows:
CS53-58270-810583-00-53W0521 (Culvert/Pedestrian Bridge) $46,000
CL60-58201-810583 (Land Improvements) $70,300
CS53-79427-810583-00-53W0521 (Transfer-in from CDBG) ($46,000)
CL60-79427-810583 (Transfer-in from CDBG) ($70,300)
Title
Approving the provision of $116,300 of CDBG dollars for improvement projects in the Hiestand neighborhood as a way to implement a portion of the Hiestand Neighborhood Plan, and in a manner that will address City, community and neighborhood development objectives, and amending the 2008 CDBG operating budget, the Engineering and the Parks 2008 capital budgets to authorize the implementation of the projects.
Body
Whereas, the Common Council approved the Hiestand concentration Neighborhood Plan in December 2006, and the plan identified a series of higher priority projects for implementation to achieve the plan’s objectives,
Whereas, the Common Council authorized $126,300 for these projects, including up to $10,000 to a community organization for the installation of signs in the neighborhood, up to $35,000 for Engineering to construct a pedestrian bridge/culvert joining the two sides of Hiestand park and the provision of the remainder of these funds to the Parks Division for the construction of connective pathways in or around Hiestand Park per legislative file number 05305 (version 2),
Whereas, since then the signs have been installed, and the actual costs for the pedestrian bridge project will exceed the original funding allocation of $35,000, and the actual costs for the pathway project are projected at less than the original funding allocation ...
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