HomeMy WebLinkAboutResolution No. 2014-05 RESOLUTION 2014-05
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF COLUMBIA HEIGHTS, MINNESOTA
AUTHORIZING APPLICATION FOR 2014 ANOKA COUNTY COMMUNITY DEVELOPMENT BLOCK
GRANT (CDBG) FUNDING FOR THE PURPOSE OF PROVIDING COMMERCIAL REVOLVING LOAN
FUNDS IN THE AMOUNT OF $100,000; AND FURTHERMORE, TO SUBMIT SAID APPLICATION TO
ANOKA COUNTY
WHEREAS,the City has a significant number of small vacant commercial buildings, and
WHEREAS,The City has identified a need to assist entrepreneurs and small business owners in the community,
and
WHERAS,the City has identified goals and objectives through the EDA to continue efforts to improve the
Central Avenue and other business corridors,and
WHEREAS,the City is seeking Community Development Block Grant(CDBG)funds in an amount up to
$100,000 for a commercial revolving loan fund, and
WHEREAS,the direct financial assistance to for-profit business is listed as a high priority in the County's five
year plan, and
WHEREAS,the use of CDBG grants are consistent with the program's national objective of benefiting low and
moderate income people, and
NOW, THEREFORE BE IT RESOLVED that the City of Columbia Heights acts as the legal sponsor for the
2014 Community Development Block Grant Program to be submitted by January 16,2014; and
BE IT FURTHER RESOLVED that the City of Columbia Heights has the legal authority to apply for financial
assistance,and the institutional,managerial, and financial capability to ensure adequate project administration;and
BE IT FURTHER RESOLVED that the City of Columbia Heights has not violated any federal, state,or local laws
pertaining to fraud,bribery,graft,kickbacks,collusion,conflict of interest or unlawful or corrupt practice;and
BE IT FURTHER RESOLVED that the City Manager or as required, and the Mayor, is hereby authorized to
execute such agreements as are necessary to implement the project(s)on behalf of the applicant; and
NOW, THEREFORE BE IT RESOLVED that the City Council of the City of Columbia Heights, Minnesota has
authorized staff to submit an application for$100,000 for a commercial revolving loan fund
I certify that the above resolution was adopted by the City Council.
PASSED THIS 13th DAY OF JANUARY 2014.
OFFERED BY: Williams
SECONDED BY: Schmitt
ROLL CALL: Ayes: Schmitt,Williams,Diehm,Nawrocki,Peterson
4r-
Attest: Peterson
Ton' L onh t,City Clerk/Council Secretary