The proposed Substantial Amendment to the 2019 Annual Action Plan and change to the 2015-2019 Consolidated Plan for the CDBG-CV3 grant have been the subject of two public hearings and a 5-day public comment period. The second of the two required public hearings on the Substantial Amendment to the 2019 Annual Action Plan and change to the 2015-2019 Consolidated Plan is scheduled for the March 15, 2021 Village Board meeting. The proposed Substantial Amendment to the 2019 Annual Action Plan and change to the 2015-2019 Consolidated Plan for the CDBG-CV3 including the CDBG-CV3 budget and supporting documents are located under tonight’s Public Hearing agenda item on this topic.

Recommendation

It is recommended that the 1) the proposed substantial amendment to the 2019 Annual Action Plan that allocates the CDBG-CV3 funds; 2) the proposed amendment to the 2015-2019 Consolidated Plan to change the priority level for the existing Economic Development goal in the Plan from low to high priority, and 3) the amendment to the 2021 Village of Arlington Heights budget to include $383,860 in CDBG-CV revenue in Account 215-0000-41148-00 and CDBG-CV budgeted expenditures under accounts under the CDBG Program Account 215-4102-522-4181 be a adopted including any amendments made during the public hearing.