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HomeMy WebLinkAbout06-058 - ADMIN Resolution - City Council - 2006/03/06RESOLUTION NO. 06-058 RESOLUTION APPROVING REALLOCATION OF 2004 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 2006 Urban Hennepin County CDBG funds made available to it; and WHEREAS, the City of St. Louis Park held a public hearing on February 21, 2006 to obtain the views of citizens on local and urban Hennepin County housing and community development needs and priorities for the City's proposed use of $213,302 from the 2006 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 2006 Urban Hennepin County Community Development Block Grant Program and authorizes submittal of the proposal to Hennepin County Project. 1 Budget Emergency Repair Program - single family housing rehabilitation $57,302 Housing Land Trust - acquisition single family housing $18,500 Multifamily Rehabilitation - rental housing rehab $80,000 St. Louis Park Emergency Program (STEP)- acquisition assistance $57,500 Total $213,302 BE IT RESOLVED, that the City Council of St. Louis Park, Minnesota approves the reallocation of Community Development Block Grant funds by reallocating 2004 funds as follows: $26,500 for improvements at the Wayside House treatment facility and $31,000 to the single family rehabilitation loan program. Ma Agr Re BE IT FURTHER RESOLVED that the City Council hereby authonzes and directs the or and its City Manager to execute a Subrecipient Agreement and any required Third Party ements on behalf of the City to implement the 2006 CDBG program. for Administration: MALMO Ci rif anageiW Attest: City Clerk Adopted by, the -pity Council March 6, 2006 ee/it// / it