HomeMy WebLinkAbout1996-024 EDAR1
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Commissioner Kristen Mann
and moved its adoption:
EDA RESOLUTION NO. 95 24
introduced the following resolution
RESOLUTION APPROVING ONE (1) BROOKLYN CENTER ECONOMIC
DEVELOPMENT AUTHORITY DEFERRED LOAN (FILE NO. H -135 [80611)
WHEREAS, the Brooklyn Center Economic Development Authority established
a Home Rehabilitation Deferred Loan Program to assist low and moderate income individuals
in the maintenance and repair of their homes; and
WHEREAS, the Brooklyn Center Economic Development Authority has received
one (1) application (file no. H -135 [80611) from eligible individuals to receive deferred loan
assistance; and
WHEREAS, an inspection by the City of Brooklyn Center has determined that the
work is necessary and appropriate under the Brooklyn Center Economic Development Authority
Deferred Loan Program; and
$15,000.
WHEREAS, the cost of the proposed deferred loan application is estimated at
NOW, THEREFORE, BE IT RESOLVED by the Economic Development
Authority in and for the City of Brooklyn Center that:
1. The Brooklyn Center Economic Development Authority does approve the
one (1) housing rehabilitation deferred loan application (file no. H -135
[80611) as recommended by staff.
2. That the work be performed as recommended in the request for council
consideration form dated September 11, 1995, and that the applicant be
directed to obtain the necessary bids for staff review and approval.
3. The project shall not exceed the deferred loan amount of $15,000.
'Date
The motion for the adoption of the foregoing resolution was duly seconded by commissioner
Kathleen Carmody and upon vote being taken thereon, the following voted
in favor thereof:
Myrna Kragness, Kristen Mann, Debra Hilstrom, and Kathleen Carmody;
and the following voted against the same: none,
whereupon said resolution was declared duly passed and adopted.