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19 <br />COUNCIL MEETING FEBRUARY 27, 1995 <br />Mr. Schumacher explained that CDBG funds are federal funds <br />administered through Anoka county for which the City is able to <br />distribute to local organizations for services. These <br />organization must generally provide assistance to the elderly, <br />disabled or low to moderate income residents. The City Council <br />discussed this matter at the last regular Council meeting and a <br />public hearing was held earlier. The City has received a variety <br />of applications from eligible organizations including ACCAP, <br />Alexandra House, Community Emergency Assistance Program (CEAP), <br />Forest Lake Youth Service Bureau (YSB), Meals on Wheels, as well <br />as the Lino Lakes Senior Program and the Lino Lakes Land Use <br />Housing Need/Economic Development Impact Study. <br />The City Council at the last regular meeting asked staff to do <br />some additional research regarding the impact on the community by <br />each organization. Ms. Schloer had completed this additional <br />research and included the information in the Council packets. <br />Mr. Schumacher presented his recommendations which are based on <br />the research by Ms. Schloer and Council recommendations from the <br />previous Council meeting. He explained that there is $8,500.00 <br />from an older CDBG program that has not been spent. He explained <br />that the dollars not used in the older program must be used by <br />June, 1995 or turned back to the County. Mr. Schumacher proposed <br />that the Land Use Housing Need/Economic Development Impact Study <br />be funded by $5,000.00 from the older program and $10,000.00 from <br />the 1995/1996 CDBG program. Mr. Schumacher read his <br />recommendation: ACCAP $3,500.00, Alexandra House $5,000.00, <br />Community Emergency Assistance Program, Inc. $1,000.00, Forest <br />Lake Youth Service Bureau $2,000.00, Meals on Wheels $1,500.00, <br />Lino Lakes Senior Coordinator $14,601.00, Land Use Housing <br />Need/Economic Development Impact Study $10,000.00. <br />Council Member Elliott moved to adopt Resolution No. 95 - 23 <br />Designating Community Development Block Grant Funding for Years <br />1995/1996. Council Member Kuether seconded the motion. Motion <br />carried unanimously. <br />CONSIDERATION OF DESIGNATING LEGAL DEPOSITORIES, RANDY SCHUMACHER <br />A list of depositories presently used by the Finance Department <br />was included in the Council packets. These depositories are <br />agencies with which the City invests its funds and maintains a <br />checking and savings account. The City is required to appoint <br />and/or reappoint depositories annually. <br />Council Member Kuether moved to approve the list of depositories <br />as presented by the Finance Department. Council Member Elliott <br />seconded the motion. Motion carried unanimously. <br />PAGE 31 <br />