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HomeMy WebLinkAboutCC RES 07-072 RESOLUTION APPROVING THE CONTRACT WITH GREATER METROPOLITAN HOSUING CORPORATION (GMHC) Meeting Sheet IIIIIIVIIIVIIIVIIIVIIIVIIIIIIIIIII ioaiso Box: 31 Folder: RES 2007 Document: CC RES 07-072 RESOLUTION APPROVING THE CONTRACT WITH GREATER METROPOLITAN HOSUING CORPORATION (GMHC) CITY OF ST. ANTHONY VILLAGE RESOLUTION 07-072 A RESOLUTION APPROVING THE CONTRACT WITH GREATER METROPOLITAN HOUSING CORPORATION (GMHC). WHEREAS, the City of St Anthony agrees to contract with GMHC for the implementation of housing programs for St. Anthony Residents; and WHEREAS, the housing programs will be provided to the residents of St. Anthony through the Housing Resource Center - Northeast; and WHEREAS, the housing programs provided by GMHC allow for a variety of affordable and life-cycle housing in St. Anthony; and WHEREAS, the housing programs provided by GMHC also assists the City in its goal of preserving and improving the Community's housing stock, thereby providing opportunities for home ownership. BE IT RESOLVED, that the City Council of the City of St. Anthony hereby approves an • additional $60,000 to the Greater Metropolitan Housing Corporation for St. Anthony's Rehabilitation Programs and a 2008, Contract Services Agreement at a fee of$12,500 with funding to come from the HRA Projects Fund. BE IT FUTHER RESOLVED that the Greater Metropolitan Housing Corporation will allocate $30,000 into the Revolving Loan Fund and $30,000 into the Rebab Incentive/Rebate program and based on activity and need GMHC is authorized to transfer funds between the two programs. Adopted this 13th day of November, 2007. '—Mayor ATTEST: City Clerk Review for Administration: 0 City I 1&—nager