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02-14 Resolution No. 11331 RESOLUTION NO. 11331 RESOLUTION APPROVING PROPOSED USE OF 2017 AND 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 2017 CDBG funds made available to it; and WHEREAS, the City proposes to reallocate unspent 2015 CDBG funds awarded to it; and WHEREAS, the City held a public hearing on February 14, 2017 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$236,533 from the 2017 and $5,899 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 2017 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 $18,000 b. Bridging $7,979 b. HOME Line $5,000 c. CAPSH $4,500 TOTAL $35,479 2. Deferred Loan Rehabilitation Program $101,054 3. Single Family Acquisition & Rehabilitation $100,000 TOTAL CDBG ALLOCATION $236,533 2. Approves the following project for funding by reallocating unspent funds from the 2015 Urban Hennepin County Community Development Block Grant Program and authorizes submittal of the proposal to Hennepin County. Activity Budget 1. Deferred Loan Rehabilitation Program $5,899 3. 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 2017 CDBG Program and 2015 reallocation. 3. That should the final amount of FY 2017 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 14th day of February, 2017. 0 • 4 ,. Micha- Howard, Mayor Pro Tempore ATTEST: ity(47 r C Elizabe anHoose City r (t , , Cit Clerk