HomeMy WebLinkAboutHousing & Redevelopment Authority Resolution 94-638CITY OF PLYMOUTH
RESOLUTION 94 638
AUTHORIZING SUBMISSION OF THE CITY OF PLYMOUTH'S APPLICATION
TO THE DEPARTMENT OF HOUSING AND URBAN DEVELOPM33NT (HUD)
FOR COMMUNITY DEVELAWMENT BLOCK GRANT (CDBG) FUNDING FOR
FISCAL YEAR 1995.
WHEREAS, the City of Plymouth is required to provide the Department of Housing
and Urban Development an application for the Community Development Block Grant
Program, including appropriate citizen participation, goal establishment and
implementation plans and procedures; and,
WHEREAS, on September 28, 1994, the Plymouth Housing and Redevelopment
Authority held a duly constituted public hearing to allow interested parties to express
their opinion; and, -
WHEREAS, the City Council has reviewed the recommendations of the Housing and
Redevelopment Authority regarding the proposed activities and program amounts for
Fiscal Year 1995;
NOW, THEREFORE, BE IT HAY RESOLVED BY THE CITY COUNCIL OF
THE CITY OF PLYMOUTH, MINNESOTA, that it should and hereby does direct the
City Manager to submit to the U.S. Department of Housing and Urban Development
the application and all other required documents for participation in the Fiscal Year
1995 Community Development Block Grant Program for the following projects in the
respective proposed amounts:
1. Rehabilitation Grant/Loan Program
a. Administration of Activity $ 5,000
b. Grams/loans to homeowners 45,444
Subtotal $50,000
2. Child Care Assistance 15,000
3. First Time Homebuyer Loan & Development Program
a. Administration of Activity 28,000
b. Land Acquisition and Grams/Loans 172,400
Subtotal $200,000
4. Plymouth. Park and Recreation
a. Administration of Activity 100
b. One-on-one Assistance 4.244
Subtotal $5,000
S. Contingency Fund $10,000
6. Administration of Overall CDBG Program $40,000
Total 320,000
Further, that any additional funding received over $320,000, be allocated on a 50:50
basis to the First lime Homebuyer Loan & Development Program and for the
Contingency Fund.
Adopted by the City Council October 17, 1994.
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