02-26 Resolution No. 11613 RESOLUTION NO. 11613
RESOLUTION APPROVING PROPOSED USE OF 2019 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 2019 CDBG
funds made available to it; and
WHEREAS, the City held a public hearing on February 26, 2019 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$192,100 from the 2019 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 2019 Urban Hennepin County
Community Development Block Grant Program and authorizes submittal of the proposal
to Hennepin County.
Activity Budget
1. Deferred Loan Rehabilitation Program $47,100
2. Single Family Acquisition & Rehabilitation $95,000
3. First Time Homebuyer Down Payment
Assistance $50,000
TOTAL CDBG ALLOCATION $192,100
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 2019 CDBG Program.
3. That should the final amount of FY 2019 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 the project budget of the Deferred Loan Rehabilitation
Program to reflect an increase or decrease in funding.
Adopted by the City Council of the City of Richfield, Minnesota this 26th day of February,
2019.
Ct
Maria Regan Gonza z, Ma or
ATTEST:
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Elizabeth Van oose, City Clerk