Laserfiche WebLink
CITY OF Agenda Section: 12.B <br /> REQUEST FOR COUNCIL CONSIDERATION Report Number: 95-1221C <br /> ONJ�1D� Report Date: 1-18-95 <br /> STAFF REPORT Council Action: <br /> hhif ❑ Special Order of Business <br /> CITY COUNCIL MEETING DATE January 23, 1995 0 Public Hearings <br /> 0 Consent Agenda <br /> ;l Council Business <br /> Item Description: Consideration of Resolution No. 4711 Community Development Block Grant/ <br /> Home Fund Applications <br /> Administrator's Review/Recommendation <br /> - No comments to supplement this repo 'v <br /> - Comments attached. <br /> _Explanation/Summary(attach_suppiem•it sheet-as necessary.) <br /> SUMMARY; <br /> In consultation with Minnesota Housing Finance Authority (MHFA) and Ramsey County regarding <br /> Woodlawn Terrace, it has been recommended that the City of Mounds View apply for CDBG\Home <br /> Funds instead of supporting a private application for the funds. With current financial and legal <br /> situations between Northridge Properties and MHFA, an application for CDBG\Home Funds would <br /> not be awarded. <br /> Based on the assumption that successful resolution will be made regarding the property during this <br /> year and with the hopes that there may be additional CDBG\Home Funds available, the City of <br /> Mounds View does not want to miss an opportunity for the funds to be allocated to this project <br /> since it is in such critical need of rehabilitation. <br /> MHFA and Ramsey County have expressed commitment to the project and consider rehabilitation <br /> of Woodlawn Terrace as one of their top priorities. City staff will work closely with MHFA and <br /> Ramsey County to ensure that all necessary measures will be pursued so that proper rehabilitation <br /> can be a reality. <br /> As stated before, this project would be an ideal partnership effort between MHFA, Ramsey County <br /> and the City in fulfilling the goals of providing housing to low and moderate income persons. <br /> The attached resolution authorizes the City's application for CDBG\Home Funds for Woodlawn <br /> Terrace and commits to assisting in proving a safe, decent and energy efficient living environment <br /> for the residents of Mounds View. <br /> LeAd� ��� <br /> Cathy Be - , Economic Development Coordinator <br /> jtECOMMENDATION; <br /> Approve\Disapprove Resolution No. 4711 Approving Application for Ramsey County <br /> CDBG\Home Funds for the Rehabilitation Of Woodlawn Terrace. <br />