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HomeMy WebLinkAbout18-039 - ADMIN Resolution - City Council - 2018/02/20RESOLUTION NO. 18-039 RESOLUTION APPROVING PROPOSED APPLICATION FOR 2018 URBAN HENNEPIN COUNTY COMMUNITY DEVELOPMENT BLOCK GRANT (CDBG) PROGRAM FUNDS AND AUTHORIZING EXECUTION OF SUBRECIPIENT AGREEMENT WITH URBAN 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 has developed a proposal for the use of 2018 Urban Hennepin County Community Development Block Grant funds; and WHEREAS, the City held a public hearing on February 20, 2018 to obtain the views of citizens on housing and community development needs and priorities and the city's proposed use of $147,050 from the 2018 Urban Hennepin County Community Development Block Grant; and WHEREAS, the City of St. Louis Park proposed to reallocate unexpended prior year CDBG funds in the amount of $20,000; and BE IT RESOLVED, that the City Council of St. Louis Park approves the following projects for funding from the 2018 Urban Hennepin County Community Development Block Grant Program and authorizes submittal of the proposal to Urban Hennepin County/Consolidated Pool. Activity Budget Low Income Single Family Emergency Repair Program $40,000 Low Income Single Family Home Rehab Loan $107,050 Affordable Housing Land Trust — Homes within Reach $20,000 Total $167,050 BE IT FURTHER RESOLVED that the City Council hereby authorizes and directs the Mayor and its City Manager to execute the Subrecipient Agreement and any required Third Party Agreement on behalf of the City to implement the 2018 Community Development Block Grant Program. BE IT FURTHER RESOLVED, that should the final amount of FY2018 CDBG available to the city be different from the preliminary amount provided to the city, the city council hereby authorizes the city manager to adjust the following activity project budget(s) proportionally to reflect the actual amount of funding available. Activity Budget Single Family Home Rehab Loan 100% of any increase or decrease City Council February 20, 2018 Thomas K. Ilarrnening-71'ty Manager jak� Spano,