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HomeMy WebLinkAbout03-024 - ADMIN Resolution - City Council - 2003/03/03RESOLUTION NO. 03-024 RESOLUTION APPROVING PROPOSED USE OF FUNDS FOR 2003 URBAN HENNEPIN COUNTY COMMUNITY DEVELOPMENT BLOCK GRANT • PROGRAM, REALLOCATION OF 2001/2002 FUNDS, AND AUTHORIZING EXECUTION OF SUBRECIPIENT AGREEMENTS WITH HENNEPIN COUNTY AND ANY THIRD PARTY AGREEMENTS WHEREAS, the City of St Louis Park, through execution of a Joint Cooperation Agreement with Hennepin County, is cooperating in the Urban Hennepin County Community Development Block Grant program, and WHEREAS, the City of St. Louis Park developed a proposal for the use of Urban Hennepin County CDBG funds made available to it; and WHEREAS, the City of St. Louis park held a public heanng on March 3, 2003 to obtain the views of citizens on local and urban Hennepin County housing and community development needs and pnonties for the City's proposed use of $269,981 from the 2003 Urban Hennepin County Community Development Block Grant. BE IT RESOLVED, that the City Council of St Louis Park approves the following projects for funding from the 2003 Urban Hennepin County Community Development Block Grant Program and authonzes submittal of the proposal to Hennepin County. Activity Budget Single Family Rehab Deferred Loans - Targeted Rehab $94,000 Single Family Rehab Deferred Loans — County Admin $42,981 Single Family Emergency Repair Program $70,000 Community Involvement Program Rehabilitation $62,500 Total $269,981 BE IT RESOLVED, that the City Council of St. Louis Park, Minnesota approves the reallocation of Community Development Block Grant funds by reallocating 2001 funds as follows: $35,000 from the multifamily rehab project, $20,000 from the targeted neighborhood project; $4,500 from the MF Public Service Project; and $3,323 from the scattered site acquisition project, to approved existing projects: single family emergency repair program, $22,823 and Wayside House, multifamily rehab, $40,000 The City Council approves the reallocation of $40,000 of 2002 funds from Wayside House rehab project to multifamily rehab activity. BE IT FURTHER RESOLVED, that the City Council hereby authorizes and directs the Mayor and its City Manager to execute a Subrecipient Agreement and any required Third Party Agreements on behalf of the City to implement the 2003 CDBG program. Rev s,for Administratio. City Manager Attest: mss.-�.�..,...� Ci Clerk Adopted by the City ouncil March 3, 2003 Mayor