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• <br /> A. This is a maximum figure, not a flat contract price. <br /> B. If the Department of Housing and Urban Development reduces <br /> the estimated allocation then each item will be reduced an <br /> apportionate amount. If a reduction is large enough to cause <br /> a burden, as determined by the staff, then a new budget will <br /> be returned to the City Council. <br /> II. The Mayor is hereby authorized to make formal application to the <br /> U. S. Department of Housing and Urban Development for funding <br /> assistance in accordance with this Resolution. <br /> III. The City Council recognizes the Mayor's willingness to match dollar <br /> for dollar funds from Neighborhood Community Development Block <br /> Grant funds, which are used for street, sidewalk, drainage, and <br /> overlay projects. <br /> IV. Any funding assistance so received in 1986 be used for the above <br /> projects. <br /> V. This Resolution become part of the formal application to the U. S. <br /> Department of Housing and Urban Development. <br /> CooneTlman Introducing Resol on <br /> PASSED AND APPROVED BY CITY COUNCIL THIS / ;5:7-- DAY OF (,ten., /4? • <br /> 1986. <br /> L/(7\ c-2(ir2J-1- 1 <br /> President <br /> 0054F <br />