CC PACKET 05141996 - Laserfiche WebLink

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STAFF REPORT DATE: April 29, 1996 TO: Michael Morrison, City Manager FROM: Kim Moore-Sykes, Management Assistant ITEM: Urban Hennepin County Joint Cooperation Agreement for FY 1997 - 1999 The attached Joint Cooperation Agreement is from Hennepin County for our consideration. Hennepin County has elected to become an "Urban County" for the purposes of receiving Community Development Block Grants (CDBG) and the HOME Investment Partnership Program entitlement funds. In order to accomplish this, they need all cities within Hennepin County that want to continue to receive CDBG funds for various eligible housing projects to execute this agreement and return to them by May 31, 1996. In addition to the executed signature page, the City must also include a copy of an authorizing resolution approving the City's participation. Agreeing to participate in the Urban County Community Development Block Grant Program does not guarantee that the City will receive funds. Because St. Anthony is smaller than 50,000 in population and receives on average less than $50,000 in allocations, the County will put what the City normally receives in a pool for award in a manner determined by the County. Only those cities who agree to participate and are designated as "Cooperating Units" will be eligible to compete for funds. The County will retain 10% of the annual basic grant amount for administration of this program. The balance will be available to Cooperating Units according to a formula calculated by the County. The amount may be allocated but not necessarily awarded. It will be based on an amount that is the same ratio to the balance of the basic grant amount as the average of the ratios between: 1. The population of the City and the population of all Cooperating Units; 2. the extent of poverty in the City as compared to the extent of poverty in all Cooperating Units; 3. the extent of overcrowded housing by units in the City as compared to the extent of overcrowded.housing by units in all Cooperating Units; 4. and in determining the average of the above ratios, the ratio involving the extent of poverty will be counted twice.