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14-10922r RESOLUTION NO. 10922 RESOLUTION APPROVING PROPOSED USE 2014 URBAN HENNEPIN COUNTY COMMUNITY DEVELOPMENT BLOCK GRANT PROGRAM FUNDS AND AUTHORIZING EXECUTION OF SUBRECIPIENT AGREEMENT WITH HENNEPIN COUNTY AND ANY REQUIRED THIRD PARTY AGREEMENTS WHEREAS, the City of Richfield, Minnesota, through execution of a Joint Cooperation Agreement with Hennepin County, is participating in the Urban Hennepin County Community Development Block Grant (CDBG) Program; and WHEREAS, the City of Richfield has developed a proposal for the use of 2014 CDBG funds made available to it; and WHEREAS, the City held a public hearing on February 25, 2014 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$201,637 from the 2014 Urban Hennepin County CDBG Program; and NOW, THEREFORE, BE IT RESOLVED, by the City Council of Richfield, Minnesota as follows: 1. Approves the following projects for funding from the 2014 Urban Hennepin County Community Development Block Grant Program and authorizes submittal of the proposal to Hennepin County. Activity Budget 1. Public Service a. H.O.M.E. $18,098 b. HOME Line $6,147 c. CAPSH $6,000 TOTAL $30,245 2. Penn Avenue Façade Improvement Program $60,491 3. HRA Deferred Loan Program $110,901 TOTAL CDBG ALLOCATION $201,637 2. That the Mayor and City Council hereby authorize and direct the execution of the Subrecipient Agreement with Hennepin County and any required Third Party Agreements on behalf of the City to implement the 2014 CDBG Program. 3. That should the final amount of FY 2014 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 project budget(s) to reflect an increase or decrease in funding. Adopted by the City Council of the City of Richfield, Minnesota this 25th day of February, 2014. 1LU �' '4 Debbie ie Goettel, Mayor ATTEST: Nancy Gibbs, ity Clerk