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3. Resolution 5271 - Resolution of Intent and Call for PH - CDBG GrantCity of Kalispell Post Office Box 1.997 - Kalispell., Montana 59903- 1.997 Telephone (406)755--7700 Fax (406)758-7758 REPORT TO: The Honorable Mayor Pamela B. Kennedy and City Council FROM: Kellie Danielson, Community & Economic Development Director James H. Patrick, City Manager SUBJECT: Authorization to Prepare a CDBG Economic Development Grant Application and Call a Public Hearing MEETING- DATE: March 17, 2008 BACKGROUND: Flathead Community College has requested the department's assistance to apply for a workforce training grant from the Community Development Block Grant Program. The program funds would assist FVCC in acquiring new pieces of Computer Numerical Control equipment. The equipment would be targeted for the metalworking and machining trades. An aggregate of local businesses have expressed the need for such training. The CDBG application must be submitted as soon as possible for the program funds for the Economic Development funding is first -come first -serve basis. The deadline for application is April 15th. The department anticipates the request from FVCC is approximately $100,000. RECOMMENDATION: City Council authorize the Community Development staff to prepare a CDBG grant application and set the date of April 7, 2008 for a public hearing on the submission of the application. FISCAL IMPACT: The Community Development Department will be able to receive up to $5,000 to cover the administration of the grant. ALTERNATIVES: As suggested by Council. Respectfully submitted, Kellie Danielson, Director Community &Economic Development Zl James H. Patrick City Manager RESOLUTION NO. 5271 A RESOLUTION OF INTENT TO AUTHORIZE SUBMISSION OF A GRANT APPLICATION TO THE MONTANA CDBG PUBLIC FACILITIES PROGRAM AND SETTING A DATE FOR A PUBLIC HEARING, WHEREAS, the City of Kalispell is applying to the Montana Department of Commerce for a Community Development Block Grant (CDBG) to assist Flathead Community College in obtaining partial funding to purchase pieces of Computer Numerical Control equipment for the metalworking and machining trades. NOW THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF KALISPELL, AS FOLLOWS: SECTION I. That the City of Kalispell agrees to conform to the regulations, statutes, terms and conditions for the Application. SECTION II. That James H. Patrick, City Manager, is authorized and directed to submit this Application to the Montana Department of Commerce on behalf of the City of Kalispell, and to provide such additional information as may be required. SECTION III. A public hearing is hereby scheduled for April 7, 2008 at 7:00 p.m. in the City Council Chambers at City Hall, Kalispell, Montana for the purpose of taking public comment on the application. PASSED AND APPROVED BY THE CITY COUNCIL AND SIGNED BY THE MAYOR OF THE CITY OF KALISPELL THIS 17TH DAY OF MARCH, 2008. Pamela B. Kennedy Mayor ATTEST: Theresa White City Clerk THE CITY OF KALISPELL, MONTANA FINANCE DEPARTMENT REPORT February 29, 2008 CASH RECONCILEMENT AT THE CLOSE OF BUSINESS DATE: CASH ON HAND & DEMAND DEPOSITS: GLACIER BANK: GLACIER BANK CHECKING & REPO A/C & POOL GLACIER. BANK. BOND RESERVE (2007 - WATER PRO]) GLACIER BANK. BOLD RESERVE (2007 - WWTP) COURTYARD RESERVE ACCOUNT (NW MT HUMAN RESOURCES) RURAL DE V GRANT ACCT DEUTSCHE BANK NATION TRUST CO. TOTAL DEMAND DEPOSITS: INVESTMENTS: STIP PROGRAM: STIP PROGRAM ( 3.455%) STIP PROGRAM (COMM DEV) MULTI -BALK SECURITIES, INC/RIDGE INTERNAL LNVESTMENTS: SIDEWALK & CURB WARRANTS TOTAL INVESTMENTS: PETTY CASH TOTAL TO BE ACCOUNTED FOR: Respectfully Submitted, 2 .s Debra T. Deist City Treasurer February 29, 2008 $ 245,526.45 $ 255,348.53 $ 4595,857.00 $ 47,099.30 $ 207,504.97 $ 8,188.56 $ 13,031,951.87 $ 489,165.54 S 11,131,581.28 $ 75,251.17 .......... -- . $ 15223,524.81 $ 24,727,949.86 $ L780.40 $ 255953,254.67