File #: Res 0314-2014    Version: * Name: M 53 - Approving The City FY'15 Community Development Program, Reallocation Of 40 Year Community Development Funds, and the Proposed 41 Year Community Development Program.
Type: Resolution Status: Adopted
Committee: Committee on Finance
On agenda: 6/25/2014
Enactment date: Law number:
Title: Resolution approving The City Fiscal Year 2015 Community Development Program, Reallocation Of Fortieth Year Community Development Funds, and the Proposed Forty-First Year Community Development Program.
Sponsors: Julissa Ferreras-Copeland
Council Member Sponsors: 1
Attachments: 1. Committee Report, 2. Hearing Testimony 6-25-14, 3. Hearing Transcript 6-25-14, 4. Hearing Transcript - Stated Meeting 6-25-14, 5. Minutes of the Stated Meeting - June 11, 18 & 25, 2014
Date Ver.Prime SponsorAction ByActionResultAction DetailsMeeting DetailsMultimedia
6/25/2014*Julissa Ferreras-Copeland City Council Approved, by CouncilPass Action details Meeting details Not available
6/25/2014*Julissa Ferreras-Copeland Committee on Finance Approved by CommitteePass Action details Meeting details Not available
6/25/2014*Julissa Ferreras-Copeland Committee on Finance Hearing Held by Committee  Action details Meeting details Not available
Preconsidered Res. No. 314
 
 
Resolution approving The City Fiscal Year 2015 Community Development Program, Reallocation Of Fortieth Year Community Development Funds, and the Proposed Forty-First Year Community Development Program.
 
 
By Council Member Ferreras
 
Whereas, The Office of Management and Budget has prepared a Proposed City Fiscal Year 2015 Community Development Program, a Proposed Reallocation of Fortieth Year Community Development Funds, and a Proposed Forty-First Year Community Development Program; and
 
Whereas, The Proposed City Fiscal Year 2015 Community Development Program, Proposed Reallocation of Fortieth Year Community Development Funds and Proposed Forty-First Year Community Development Program are provided to the City Council for review and consideration; and
 
Whereas, The Council held hearings on these proposals; and
 
Whereas, As a result of the hearings, the Council submitted proposals for modification of the CD Program; now, therefore, be it
 
Resolved, That the Council of the City of New York hereby agrees to the Proposed Community Development Program for City Fiscal Year 2015 as submitted by the Mayor on May 8, 2014, in accordance with the schedule of changes reflected in line1 of the chart on page 2 of the attached committee report; and be it further
 
Resolved, That the Council of the City of New York hereby agrees to the Proposed Reallocation of Fortieth Year Community Development Funds as submitted by the Mayor on May 8, 2014, in accordance with the schedule of changes reflected in line 2 of the chart on page 2 of the committee report; and be it further
 
Resolved, That the Council of the City of New York hereby agrees to the Proposed Forty-First Year Community Development Program as submitted by the Mayor on May 8, 2014, in accordance with the schedule of changes reflected in line 3 of the chart on page 2 of the attached committee report; and be it further
 
Resolved, That the Council of the City of New York hereby shall have the opportunity to review the allocation as part of the City Fiscal Year 2016 budget adoption, of that portion of the Forty-First Community Development budget that will be scheduled to be spent in City Fiscal Year 2016 and not City Fiscal Year 2015.
 
TE6-21-14
LS 2036