Cities Index.
01_Resolution R-25-02 transfer CDBG funds FY25-26

San Marino City Council
January 8, 2025

Document
01_Resolution R-25-02 transfer CDBG funds FY25-26
Meeting
January 8, 2025
Body
San Marino City Council
Pages
2
Original file
66 KB
Text extracted from the city's file for reading and search. Open the original on cityofsanmarino.primegov.com. That file is the official record.

RESOLUTION NO. R-25-02

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN

MARINO, CALIFORNIA AUTHORIZING AND APPROVING THE
TRANSFER OF THE CITY’S UNALLOCATED COMMUNITY
DEVELOPMENT BLOCK GRANT FUNDS FOR FISCAL YEAR 2025-26

TO THE COMMUNITY DEVELOPMENT BLOCK GRANT REVOLVING

GRANT FUND
NOW, THEREFORE, BE IT RESOLVED, that the City Council of the City of San Marino, California’s follows:

SECTION 1. Recitals
A. The City of San Marino is a participating agency under the County of Los Angeles Community Development Block Grant (CDBG) Program.

B. The Los Angeles County Community Development Block Grant (CDBG) Program has allocated $65,044 to the City of San Marino for Fiscal Year 2025-26.

C. The City has considered and evaluated CDBG eligible projects and community needs, and designated $9,757 of the Fiscal Year 2025-26 CDBG funds for a senior services program and the remaining $55,287 for a future ADA Compliant Sidewalk Replacement Program.

D. The Los Angeles County Development Authority offers participating agencies the opportunity to transfer designated funding to a revolving grant fund which will be returned to the City to be used at a future time for a CDBG eligible project.

SECTION 2. After conducting a public hearing, the City Council hereby authorizes the transfer of $55,287 in unallocated CDBG funds to the CDBG Revolving Grant Fund. The City Council authorizes adjustments to the programmed amounts as needed and available, as well as in the event that the City receives a different total funding amount. The City Manager or her designee is also authorized to approve all necessary contracts and agreements needed to transfer to the CDBG Revolving Grant Fund the minimum amount of its unallocated CDBG funds required for the City to be in compliance with the CDBG’s drawdown requirements.

SECTION 3. The City Clerk shall certify to the passage and adoption of this resolution and enter it into the book of original resolutions.

CITY OF SAN MARINO RESOLUTION NO. R-25-01

Page 2 of 2 ends

PASSED, APPROVED, AND ADOPTED this 8th day of January, 2025. ______________________________

GRETCHEN SHEPHERD ROMEY
MAYOR
ATTEST:
__________________________

ALISON WALKER

CITY CLERK

STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES ) ss.

CITY OF SAN MARINO )
I HEREBY CERTIFY that the foregoing Resolution No. R-25-02 was duly adopted by the City Council of the City of San Marino at a Regular Meeting held on the 8th day of January 2025, by the following vote:

AYES:

NOES:

ABSTAIN:

ABSENT:
___________________________________

ALISON WALKER

CITY CLERK

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