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15-11051r RESOLUTION NO. 11051 RESOLUTION APPROVING PROPOSED USE 2015 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 2015 CDBG funds made available to it; and WHEREAS, the City held a public hearing on February 24, 2015 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$205,188 from the 2015 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 2015 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. $18,466 b. HOME Line $6,156 c. CAPSH $6,156 TOTAL $30,778 2. Single Family Acquisition & Rehabilitation $80,000 3. Penn Avenue Improvement Program $60,000 4. HRA Deferred Loan Program $34,410 TOTAL CDBG ALLOCATION $205,188 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 2015 CDBG Program. 3. That should the final amount of FY 2015 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 24th day of February, 2015. / . : / Debbie Goettel, Mayor ATTEST: i Elizabeth VanHoose, City Clerk