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CC Resolution No. 02-018RESOLUTION NO. 02-018 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO APPROVING THE TRANSFER OF $71,054.82 IN COMMUNITY DEVELOPMENT BLOCK GRANT (CDBG) FUNDS WHEREAS, the Housing and Community Development Act of 1974 provides that funds be made available for the Community Development Block Grant Program; and WHEREAS, the City of Cupertino participates in the Community Development Block Grant Program in order to provide affordable housing opportunities for very low and low income persons and families; and WHEREAS, the City of Cupertino City Council is required to approve the transfer of all CDBG funds; NOW, THEREFORE BE IT RESOLVED, that the City Council of the City of Cupertino hereby approves the attached Transfer Control Record transferring $71,054.82 from various accounts to the Cupertino Community Services' Vista Drive (Heart of Cupertino) Project. PASSED AND ADOPTED at a regular meeting of the City Council of the City of Cupertino this 22na day of January 2002 by the following vote: Vote AYES: NOES: ABSENT: ABSTAIN: Members of the City Council Lowenthal, Chang, James, Kwok, Sandoval None None None Attest: Approved: Mayor, C~ty of Cuperhno G:\City Clerk\Resolutions\2002 Resolutions\02-018 CDBG transfer. DOC