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06-9852r RESOLUTION NO. 9852 RESOLUTION TO REALLOCATE URBAN HENNEPIN COUNTY COMMUNITY DEVELOPMENT BLOCK GRANT FUNDS AND AUTHORIZE EXECUTION OF ANY THIRD PARTY AGREEMENTS WHEREAS, the City of Richfield through execution of a Joint Cooperation Agreement with Hennepin County, is a subrecipient community in the Urban Hennepin County Community Development Block Grant Program; and WHEREAS, pursuant to the Subrecipient Agreement between the City of Richfield and Hennepin County, the City agrees to assume certain responsibilities for the utilization of Community Development Block Grant funds; and WHEREAS the City of Richfield would now like to reallocate Community Development Block Grant funds previously allocated to the City pursuant to the Subrecipient Agreement. NOW, THEREFORE, BE IT RESOLVED, that the City Council of the City of Richfield, Minnesota approves the reallocation of Community Development Block Grant funds by reallocating $200,000 from the Rehabilitation project and allocating $200,000 to the New Scattered site project(s). BE IT FURTHER RESOLVED, that the City Council hereby authorizes and directs the Mayor and its City Manager to execute any required Agreements on behalf of the City, if such an agreement is required. Adopted by the City Council of the City of Richfield, Minnesota this 28th day of November, 2006. k~~U Martin J. Kirs h ayor ATTEST: ~.~ Nancy Gibbs, C' Clerk