Laserfiche WebLink
RESOLUTION NO. 99-EDA-104 <br /> CITY OF MOUNDS VIEW <br /> COUNTY OF RAMSEY <br /> STATE OF MINNESOTA <br /> RESOLUTION APPROVING APPLICATION TO RAMSEY COUNTY FOR A COMMUNITY <br /> DEVELOPMENT BLOCK GRANT TO ASSIST IN FUNDING THE MOUNDS VIEW HOUSING <br /> REPLACEMENT PROGRAM <br /> WHEREAS, the Mounds View Economic Development Authority (EDA) established the <br /> Housing Replacement Program (HRP) in 1996 to reduce the social costs of blight, improve residential <br /> neighborhoods and increase tax base; and <br /> WHEREAS, to date, the EDA has used tax increment funds for acquisition, demolition and <br /> administrative costs associated with the HRP. However, limited funds are currently available to <br /> continue the program; and <br /> WHEREAS, there exists a need in the City of Mounds View to provide a program in which <br /> residential buildings which have a blighting influence on the neighborhood and community may be <br /> may be acquired for the purposes of redevelopment; and <br /> WHEREAS, a Community Development Block Grant (CDBG)would provide necessary funding <br /> for acquisition and demolition costs to fund the program through the end of the year 2000; and <br /> WHEREAS, projects in which CDBG funds are used would provide safe and quality housing <br /> for low-moderate income families; and <br /> NOW THEREFORE, BE IT RESOLVED, that the Mounds View Economic Development <br /> Authority hereby recommends application to Ramsey County for a Community Development Block <br /> Grant for$150,000 to assist in funding the Mounds View Housing Replacement Program. <br /> Adopted this 8th day of February 8, 1999. <br /> Dan Coughlin, President <br /> ATTEST: <br /> Charles S. Whiting, Executive Director <br />