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HomeMy WebLinkAbout1995-10-03 - AGENDA REPORTS - EARTHQUAKE RECOVERY FUNDS (2)CITY OF SANTA CLARITA INTEROFFICE MEMORANDUM TO:M r and Members of dre ny Council FROM: ed arav Mana crr DATE: October 3, 1995 SUBJECT: Earthquake Recovery Funds The City has been allocated approximately$14.4 million dollars in federal funds under the auspices of the Community Development Department, Approximately $13 million dollars am specifically duetted for earthquake recovery programs. The remaining 1.5 million dollars are annual CDBG entitlement funds. The funds are broken down as follows: a. CDBG Supplemental $6.5 million dollars b. EDA $5.0 million dollars c, HOME Program $IS million dollars d. CDBG Annual En 'tl .men $1.4 million dollars TOTAL $14.4 million dollars The above programs have already been designed and have received City Council approval to begin implementation. The purpose of this study session is to update the City Council on the progress of the expenditures and their results. Because all of these funds are attached with specific time frames, it is intention of staff to proceed with these expenditures in a responsible and timely matter. The presentation will include projects completed or underway. Staff believes that the accomplishments will illustrate the positive impact that these monies make on the community, including earthquake repair and economic enhancement. It is recommended that the City Council receive the information and provide comments regarding the programs.. econdevlearth.mem Agenda Item: FUNDING 'SOURCE$;14.5 Million) Special Pro "ram funds Status Rodd PROGRAM AREA FUNDING INFORMATION CDBG ANNUAL ENTITLEMENT EMERGENCY SUPPLEMENTAL APPROPRIATION HOME Program For Disaster Relief EDA AMOUNT $1.6 Million $6.5 Million $1.5 Million $5.0 Million RESTRICTIONS CDBG Eligible CDBG Eligible Earthquake Recovery Program Eligible Residential Earthquake Rehab Job Creation Leveraging Private Funds PROGRAM CLOSE OUT June 1996 Februa 1998 December 1996 February 1998 Canyon Country Improvements Old Town Newhall Improvements ECONOMIC DEVELOPMENT= 24% Hotel/Conference Center City; of Santa Ciarita. Special Pro "ram funds Status Rodd PROGRAM AREA PROJECTS/ACTIVITIES SERVICES/PROGRAMS = 8% Fair Housing Mobile Dental Lab 1 Samuel Dixon Health Center SANE Camp Newhall Community Service Center SCV Senior Center NEIGHBORHOODS -COMMUNITIES = 10% East Newhall Park Hazard Mitigation of Public Drainage System 2 Landslide Evaluation Canyon Country Improvements Old Town Newhall Improvements ECONOMIC DEVELOPMENT= 24% Hotel/Conference Center Industrial Expansion, Retention 3 Economic Development Marketing Program HOUSING = 28% Canterbury Village Handyworker Program 4 Housing Rehabilitation Program Development Residential Rehabilitation Loans HOME Program Residential Rehabilitation Loans CAPITAL IMPROVEMENTS= 30% East Newhall Capital Improvements Newhall Creek Bank Protection 5 West Newhall Capital Improvements Circulation System Improvements Right of Way Safety Improvements -Earthquake Damage Circulation System Repairs ' Industrial Retention/Expansion Soledad Canyon Road Right Turn Pockets