City of Racine - File #: Res.09-1324

• File #: Res.09-1324
• Version: A
• Name: Allocation of 2009 HOME Housing Investment Partnership Grant Funds be approved
• Type: Resolution
• Status: Passed
• File created: 4/8/2009
• In control: City Attorney's Office
• Final action: 4/8/2009
• Title: Allocation of 2009 HOME Housing Investment Partnership Grant Funds be approved Resolved, that the 2009 HOME Housing Investment Partnership grant funds and additional project proceeds be allocated as shown on the table as an attachment to this resolution. Further resolved, that the appropriate City officials be authorized and directed to execute and submit all necessary documents on the City's behalf to the U.S. Department of Housing and Urban Development to secure the City's 2009 HOME funds. Further resolved, that the appropriate City officials be authorized and directed to execute third-party agreements with agencies approved for use of the grant funds and project proceeds. Fiscal Note: A 2009 HOME grant of $575,000 is anticipated. There are sufficient proceeds for other projects not covered by the 2009 grant.
• Sponsors: David L. Maack
• Related files: 09-3345

Date	Ver.	Action By	Action	Result
4/8/2009	A	Common Council	Adopted	Pass

Sponsor

Alderman Maack

Title

Allocation of 2009 HOME Housing Investment Partnership Grant Funds be approved

Resolved, that the 2009 HOME Housing Investment Partnership grant funds and additional project proceeds be allocated as shown on the table as an attachment to this resolution.

Further resolved, that the appropriate City officials be authorized and directed to execute and submit all necessary documents on the City's behalf to the U.S. Department of Housing and Urban Development to secure the City's 2009 HOME funds.

Further resolved, that the appropriate City officials be authorized and directed to execute third-party agreements with agencies approved for use of the grant funds and project proceeds.

Fiscal Note: A 2009 HOME grant of $575,000 is anticipated.  There are sufficient proceeds for other projects not covered by the 2009 grant.