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City Council Meeting of June 3, 1997 <br />Reprogramming of CDBG Funds <br />Page 3 <br />RECOMMENDATION: <br />Staff recommends the City Council abort the CDBG project, "Home Improvement <br />Loan Program" and approve the reprogramming of $56,797 of CDBG funds to <br />the following activities: $4,300 to "Alley Improvements -between "G" and "H" from <br />11th to 12th Streets"; $18,064 to "Street Improvements -Laurel, Pennsylvania, and <br />Olive Streets," and $34,433 to the Colton Contingency Account"; authorize the <br />Finance Director to adjust the City Budget accordingly; and adopt the attached <br />Resolution Number , approving the requested reprogramming action. <br />DRZ:ALS <br />Attachment . <br />