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HomeMy WebLinkAbout1996-009 EDARCommissioner Kathleen Carmody introduced the following resolution and moved its adoption: $15,000. EDA RESOLUTION NO. 96 -09 RESOLUTION APPROVING ONE (1) BROOKLYN CENTER ECONOMIC i •'►11 11.6:11111 i:► :s. 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 -137 [8063]) 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 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 -137 [8063]) as recommended by staff. 2. That the work be performed as recommended in the memorandum accompanying this resolution dated February 12, 1996, 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. February 12, 1996 Date The motion for the adoption of the foregoing resolution was duly seconded by commissioner Debra Hilstrom 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.