09/25/07 Community and Economic Development Committee Minutes

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Community and Eeonomiic Development Committee 2007 Sough Bend Common Council The September 25, 2007 meeting of the Community and Economic Development Committee of the South Bend Common Council was called to order by its Chairperson, Council Member Derek D. Dieter at 4:30 p.m. in the Council's Informal Meeting Room. Persons in attendance included Council Members Dieter and Puzzello; Citizen Member Phil Panzica, Citizen Member Martin Wolfson, Jeff Gibney, Tom Price, Pam Meyer, Judy Rosheck, Jahn Sellers, Martha Lewis, and Kathleen Cekanski-Farrand, Council Attorney. Council Member Dieter noted that the Committee members include Council Members Kelly, Puzzello, White, and himself; and Phil Panzica Marty Wolfson serve as citizen members. Administration°s Recommendations on CDBGIHOMEIESG: Council Member Dieter welcomed the Administrative staff members of the Community and Economic Development Committee to the meeting and asked for a presentation on their recommendations for CDBGIHOMEIESG funds. Jeff Gibney, interim Executive Director highlighted items on the two-page handout entitled "HCD Application far Program Year 200$" (copy attached). He noted that: 2008 CDBG Entitlement Amount = $2,730,372 (assumes a 5% cut) Reprogrammable funds = $ 360,083 Section 108 Laan = $ 0 Program income - $ 217,000 Total available for 20U8 = 3 3{37 455 The three (3) federal sources of income for neighborhood revitalization for low and moderate income are: • Community Development Block Grant (CDBG) • HOME • Emergency Shelter Grant (ESG) Mr. Gibney noted that there were 68 applications which were reviewed by Pam Meyer, Beth Leonard and himself with 44%.of those being recommended for funding.