File #: Res 1514-2008    Version: * Name: Proposed City Fiscal Year 2009 Community Development Program, the Proposed CFY'09 Budget, the Proposed Reallocations-the CD XXXIV Funds, Proposed CD XXXV Statement of Objectives and Budget, dated May 1, 2008.
Type: Resolution Status: Adopted
Committee: Committee on Finance
On agenda: 6/29/2008
Enactment date: Law number:
Title: RESOLUTION APPROVING THE FISCAL YEAR 2009 COMMUNITY DEVELOPMENT PROGRAM, REALLOCATION OF THIRTY FOURTH YEAR COMMUNITY DEVELOPMENT FUNDS, AND THE PROPOSED THIRTY FIFTH YEAR COMMUNITY DEVELOPMENT PROGRAM
Sponsors: David I. Weprin
Council Member Sponsors: 1
Attachments: 1. Hearing Transcript, 2. Hearing Transcript - Recessed Stated Meeting 6-23-08, 3. Hearing Transcript - Stated Meeting 6-29-08

Res. No. 1514

 

RESOLUTION APPROVING THE FISCAL YEAR 2009 COMMUNITY DEVELOPMENT PROGRAM, REALLOCATION OF THIRTY FOURTH YEAR COMMUNITY DEVELOPMENT FUNDS, AND THE PROPOSED THIRTY FIFTH YEAR COMMUNITY DEVELOPMENT PROGRAM

 

By Council Member Weprin:

 

 

RESOLVED, That the Council of the City of New York hereby approves, as modified the proposed Community Development Budget and Program for Fiscal Year 2009 as submitted by the Mayor in accordance with the schedule of changes contained in the attached committee report; and be it further

 

 

RESOLVED, That the Council of the City of New York hereby approves the proposed reallocation of Thirty Fourth Year Community Development Funds as submitted by the Mayor in accordance with the schedule of changes contained in the attached committee report; and be it further

 

 

RESOLVED, That the Council of the City of New York hereby will have the opportunity to review the allocation as part of the Fiscal Year 2009 budget adoption, of that portion of the Thirty Fifth Year Community Development Budget (one-half of the anticipated entitlement grant amount, as well as the remainder of all other sources) that will be scheduled to be spent in Fiscal Year 2010 and not Fiscal Year 2009.