Resolution 4676 - Acceptance of HOME Grant - 2nd Ave West Senior Housing ProjectRESOLUTION NO. 4676
A RESOLUTION AUTHORIZING ACCEPTANCE OF MONTANA DEPARTMENT OF COMMERCE
HOME INVESTMENT PARTNERSHIP PROGRAM GRANT FUNDS IN THE AMOUNT OF $428,000
FOR THE SECOND AVENUE WEST SENIOR HOUSING PROJECT; ESTABLISHING A
$428,000 BUDGET TO BE FUNDED WITH THE AWARD; ADOPTION OF A MANAGEMENT
PLAN FOR THE PROJECT; ADOPTION OF A PROGRAM INCOME PLAN FOR THE PROJECT;
AND ESTABLISHING AN EFFECTIVE DATE.
WHEREAS, the City of Kalispell has received a Montana Department of
Commerce HOME Investment Partnership Program Grant to provide
funds for the Second Avenue West Senior Housing project in the
amount of $428,000; and
WHEREAS, a contract between the Montana Department of Commerce and the
City is currently being drawn up by HOME Investment
Partnership staff and will need to be ratified after certain
other requirements are fulfilled; and
WHEREAS, implementation of the Grant requires that a budget must be
established for use of the Grant funds, and a Project
Management Plan and a Program Income Plan must be adopted; and
WHEREAS, funds from the Grant cannot be utilized until the contract is
ratified.
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 accept the
grant award in the amount of $428,000 from HOME for
the Second Avenue West Senior Housing Project.
SECTION II. That a budget be established in the amount of
$428,000 for use of the Grant Funds.
SECTION III. That the Project Management Plan and Program Income
Plan, attached hereto, be officially adopted.
SECTION IV. This Resolution shall become effective immediately
upon its passage by the City Council.
PASSED AND APPROVED BY THE CITY COUNCIL AND IGNED BY THE MAYOR THIS 7TH
DAY OF JANUARY, 2002.
amela B. Ke edy
Mayor
ATTEST:
Theresa White
City Clerk
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