Agenda Packets - 2023/08/14 - Laserfiche WebLink

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Item No: 05C MOUNDS ViEw City of Mounds View Staff R Meeting Date: Type of Business City Administrator Review Aug 14, 2023 Consent To: Honorable Mayor and City Council From: Jon Sevald, Community Development Director Item Title/Subject: Resolution 9786; Authorizing the City to enter into an Agreement Regarding Ramsey County HRA Critical Corridors Commercial Corridor Initiative Grant (Filipino Village / Kusina, 2408 County Road 1) Introduction: Staff requests approval to enter into a grant agreement with Ramsey County HRA to reimburse owner's expenses for fagade improvements to Filipino Village/Kusina, 2408 County Road I. Discussion: Since 2022, the Ramsey County Housing & Redevelopment Authority (HRA) has administered a Critical Corridor Initiative Grant program, with funds from the HRA levy. In April 2023, the City applied for two grants; (1) $50,000 for fagade improvements to Filipino Village/Kusina; and (2) $21,900 to update the 1998 Mounds View Boulevard corridor study. The HRA received 11 grant applications, and awarded five, including $10,000 for Filipino Village/Kusina, and $21,900 to update the corridor study. The fagade improvement grant program was specific to prevent blight of multi -tenant buildings. Filipino Village/Kusina identified $48,000 - $62,000 in needed fagade improvements, including replacing doors, windows, and fascia. This is a pass-thru grant. The building owner and/or business owner(s) (sub -grantee) will complete qualifying improvements, and submit receipts to the City (grantee). The City will submit receipts to the County (grantor). The County pays the City, and the City pays the property owner/business owner(s). Work must be completed by June 30, 2024. Separate from this grant, Kusia received a $5,000 forgivable loan from the City in 2022, and 2023. Kusina /Filipino Village, 2401 Co Rd I (April 4, 2023) The Mounds View Vision A Thriving Desirable Community