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4. Resolution 4834 - CDBG Grant Application Approval and Setting a PHREPORT TO: FROM: SUBJECT: MEETING DATE: BACKGROUND: The Honorable Mayor Pamela B. Kennedy and City Council Susan Moyer, Community Development Director Chris A. Kukulski, City Manager Permission to Prepare a CDBG Housing Application September 15, 2003 The Community Development Department has worked in tandem with both Flathead County and the Glacier Affordable Housing Foundation (GAHF) to. provide down payment and closing cost assistance to approximately 60 first time home buyers. We have the opportunity to apply for limited funding through the Community Development Block Grant Program to assist an additional ten families to purchase homes anywhere within the city limits. Based on limited matching funds from GAHF and the reality that competition is so fierce for the limited CDBG funds, staff believes the City could receive funding in the amount of $300,000 plus $30,00%administrative fees to assist ten additional first time home buyers. This will enable the City to keep the FTHB Program active until such time as the spring HOME grant cycle starts. RECOMMENDATION: Staff is recommending the City Council pass a resolution to authorize the Community Development staff to prepare a CDBG grant application and set the date of October 6, 2003 for a public hearing on the submission of the application. FISCAL IMPACT: GHAF is pledging $40,000 as leveraged dollars for the $300,000 CDBG funding. The Community Development Department will be able to receive up to $30,000 to cover the administration of the grant. ALTERNATIVES: Respectfully submitted, Susan Moyer, Director Community Development As suggested by Council. Memo generated: September 5, 2003 3 9 Chris Kukulski, City Manager RESOLUTION NO. 4834 A RESOLUTION AUTHORIZING SUBMISSION OF A GRANT APPLICATION TO THE MONTANA CDBG 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) in the amount of $300,000 and $30,000 in Administration funds for the First Time Homebuyer program. 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 11. That Chris A. Kukulski, 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 111. A public hearing is hereby scheduled for October 6, 2003 at 7:00 p.m. in the City Council Chambers at City Hall, 312 First Avenue East, Kalispell, Montana for the purpose of taking public comment on the application. 0 0 11 1 - 9 1 0 - • 1 9 1 1 r ej = I so I ARML-401 I WAAK•0 - 1 9 a I Pamela B. Kennedy Mayor ATTEST: Theresa White City Clerk