HomeMy WebLinkAbout24-029 - ADMIN Resolution - City Council - 2024/02/20Resolution No. 24-029
Approving proposed allocation for 2024 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 2023 Urban
Hennepin County Community Development Block Grant funds;
Now therefore be it resolved that the City Council of St. Louis Park approves the
following project for funding from the 2024 Urban Hennepin County Community Development
Block Grant Program.
Activity Budget
Low-income deferred rehab loan $149,231.95
It is 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 2024 Community Development Block Grant
Program.
It is further resolved that should the actual amount of FY2024 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 following activity budget proportionally to reflect the
actual amount of funding available.
Activity Budget
Low-income deferred rehab loan 100% of any increase or decrease
Reviewed for administration: Adopted by the city council February 20,
2024
Kim Keller, city manager Nadia Mohamed, mayor
Attest
Melissa Kennedy, city clerk
DocuSign Envelope ID: E4EA3F89-8CB9-4097-A97E-35D0B551C6DF