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Resolution 5033 - Grant Acceptance - HOMERESOLUTION NO.5033 A RESOLUTION AUTHORIZING ACCEPTANCE OF A HOME INVESTMENT PARTNERSHIPS PROGRAM (HOME) GRANT FROM THE MONTANA DEPARTMENT OF COMMERCE. WHEREAS, in 2005 the City of Kalispell applied for federal, state, local and private funding to provide down payment and closing cost assistance to low -to -moderate income first time homebuyers residing within the city limits of Kalispell; and, WHEREAS, all the necessary funding has been received to permit the project to go forward; and, WHEREAS, the City of Kalispell may appropriate federal or state money received during the fiscal year by formal resolution. NOW THEREFORE BE IT RESOLVED .BY THE CITY COUNCIL OF THE CITY OF KALISPELL, AS FOLLOWS: SECTION 1. The City of Kalispell is authorized to accept the following grant funding to perform the above stated project. SECTION 11. The City of Kalispell will ensure that it and all of its contractor's or agents shall conduct all program matters in a non-discriminatory matter such that all persons regardless of race, gender, age, disability, or other protected class shall be treated equally and further each shall comply with the policies and procedures attached hereto and known as the City of Kalispell Homebuyer Assistance Program Management Plan, approved by the Montana Department of Commerce HOME Investment Partnerships Program. SECTION Hi. The City of Kalispell hereby appropriates the sum of $216,333 and directs the Finance Director to allocate said amount to the following program activities: EXPENDITURE CODE ADMINISTRATION COST $ 14,153 $ ACTIVITY COST 202,180 TOTALS: $ 14,153 $ 202,180 SECTION IV. This Resolution shall become effective immediately following its passage by the City Council and approval by the Mayor. PASSED AND APPROVED BY THE CITY COUNCIL AND SIGNED BY THE MAYOR OF THE CITY OF KALISPELL THIS 18TH DAY OF 3ULY, 2005. ATTEST: Theresa White City Clerk d Pamela B. Kenned Mayor