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II.PROJECT NARRATIVE (USE ADDITIONAL PAGES TO ADDRESS THE FOLLOWING.YOU MAY <br /> FORMAT THE SECTION AS YOU'D LIKE.) <br /> A.Project Need and Impact. Describe the need for this project in suburban Ramsey County.How does <br /> the need for the proposed activity compare with other human/infrastructure needs? How was the need <br /> for this project determined? Is it a local priority? How will Ramsey County residents benefit from this <br /> project? How would residents be affected if the project was not funded at the requested level? (Attach <br /> any third party materials that document the need for this project. Examples include feasibility studies, <br /> market research,waiting lists,planning reports,etc.) <br /> B. Immediacy. If funded, is the project ready to begin immediately? (July 1994) Is all the necessary <br /> financing in place? Describe any site selection, policy, regulatory,marketing, or other steps that will be <br /> necessary once CDBG/HOME funds are available.What other sources of funding have been considered <br /> for this project? How soon will funds be spent? Include a drawdown/spending schedule. (NOTE: <br /> CDBG/HOME FUNDS MAY NOT BE USED TO REPLACE OTHER FUNDS.) <br /> C. Management Capacity. How will this project and expenditure of funds be managed? Describe <br /> roles/responsibilities of individuals involved in project implementation.Will any portion of the project <br /> be sub-contracted to another organization or firm? For public service projects, please describe how <br /> continuation of the project will be financially supported. <br /> PART III. PROJECT BUDGET SUMMARY (INCLUDE ALL ANTICIPATED PROJECT COSTS, <br /> SOURCES AND USES) <br /> A.PROJECT COSTS <br /> Total Project Cost $ <br /> CDBG/HOME Funds Requested $ <br /> CDBG/HOME % of Funds $ - <br /> B.SOURCE OF OTHER FUNDS <br /> Source of Funds S Amount ContactPersoniTelephone <br /> None <br /> CDBG/HOME APPLICATION FY 94-3 <br />