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1. Resolution 4984 - Authorize HOME Grant Applicationf6i1M City of Kalispell Post Office Box 1997 - Kalispell, Fontana '9903-1997 -Telephone (406)7-58-7700 Fax (406)758-7758 ,T TO: The Honorable Mayor Pamela B. Kennedy and City Council Susan Moyer, Community Development Director James H. Patrick, City Manager SUBJECT: PUBLIC HEARING AND RESOLUTION TO AUTHORIZE SUBMISSION OF APPLICATION AND AGREEMENT TO CERTIFICATIONS FOR APPLICATION MEETING DATE: February 28, 2005 BACKGROUND: At the February 7, 2005 meeting, Council authorized Community Development staff to prepare a HOME grant application in the amount of $324,500 to provide down payment and closing cost assistance funds for low -to - moderate income, first time homebuyers residing within the city limits of Kalispell. The required Public Hearing was held on February 22, 2005. It is necessary for Council to pass a "Resolution to authorize submission of application and Agreement to certifications for application for Montana Department of Commerce Home Investment Partnerships Program (HOME)". This must be accomplished prior to the grant submission date of March 4, 2005. RECOMMENDATION: Council pass the aforementioned Resolution authorizing the submission of the application and authorizing the Mayor to act on behalf of the City and to provide such additional information as required. FISCAL IMPACT: ALTERNATIVES Respectfully submitted, James H. Patrick, City Manager Memo prepared The Community Development Department may receive up to $24,500 in administrative costs. As suggested by Council. February 23, 2005 Susan Moyer, Director Community Development RESOLUTION NO. 4984 A RESOLUTION AUTHORIZING SUBMISSION OF A GRANT APPLICATION TO THE MONTANA DEPARTMENT OF COMMERCE HOME INVESTMENT PARTNERSHIPS PROGRAM {"HOME"). WHEREAS, the City of Kalispell is applying to the Montana Department of Commerce for a Home Investment Partnerships Program ("HOME") grant to assist a minimum of ten First Time Home Buyers with down payment and closing cost help within the city limits of Kalispell; and WHEREAS, on February 22, 2005, the City Council conducted a public hearing in conformance with HOME requirements to obtain the views of citizens on community development and housing needs, and on the proposed activities; and WHEREAS, the City of Kalispell has the legal jurisdiction and authority to provide down payment and closing cost assistance to a minimum of ten First Time Home Buyers within the city limits of Kalispell. 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 Mayor Pamela B. Kennedy 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. PASSED AND APPROVED BY THE CITY COUNCIL AND SIGNED BY THE MAYOR OF THE CITY OF KALISPELL THIS 28TH DAY OF FEBRUARY, 2005. Pamela B. Kennedy Mayor ATTEST: Theresa White City Clerk