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minds View City Hall <br />lar Meeting <br />September 23, 1991 <br />Page Four <br />City Attorney commented that this Development Agreement was <br />pushed through all offices very fast. In reviewing this item <br />Karney stated that $5,000 was probably too low. <br />Councilmember Quick stated the cash deposit should be $7,500 <br />if the Council was in agreement because the $5,000 appeared to <br />be too low. <br />MOTION/SECOND: Quick/Wuori to amend the Development Agreement <br />to require a cash deposit of $7,500. <br />Councilmember Blanchard asked if $7,500 would be enough.. <br />5 ayes 0 nays Motion Carried <br />3. ,Mayor Linke reviewed Staff Report No. 91-72C regarding Resolution No. <br />4129 Approving the Joint Cooperation Agreement between Ramsey. County <br />and the City of Mounds View for Community Development Block Grant <br />Funds. Linke stated that the money received is used to undertake <br />housing and community development activities primarily benefitting the <br />residents of suburban Ramsey County. In order for Mounds View to <br />participate in the county Community Development Block Grant entitlement <br />program, it is necessary to enter into a Joint Cooperative Agreement <br />with Ramsey County. <br />Mayor Linke entertained a motion for the Mayor and City Administrator <br />to execute the Joint Cooperation Agreement. <br />MOTION/SECOND: Blanchard/Wuori to waive the reading and adopt <br />Resolution No. 4129 Approving the Joint Cooperative Agreement between <br />the City of Mounds View and Ramsey County for CDBG Funding and <br />authorize the Mayor and City Administrator to execute said <br />agreement. <br />Councilmember Quick stated that this is the third time the Council <br />has participated in this Community Development Block Grant Program. <br />The money is received from HUD. The City applies for this grant and <br />the cities share is approved by the federal government. <br />Mayor Linke stated that he sat on the committee last year for this <br />program <br />and it was very <br />received a phone <br />a tenant in one <br />be consideration <br />City. <br />interesting. Mayor Linke stated that he had <br />call today from Everest. It appears that Everest has <br />of his buildings that does senior housing. There may <br />that this gentlemen and Everest would do work in the <br />• 5 ayes 0 nays Motion Carried <br />