HomeMy WebLinkAbout1995-004 EDAR1
its adoption:
Commissioner Kristen Mann introduced the following resolution and moved
EDA RESOLUTION NO. 95 -04
RESOLUTION APPROVING ONE (1) BROOKLYN CENTER ECONOMIC
DEVELOPMENT AUTHORITY DEFERRED LOAN (FILE NO. H-1291
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 -129 [8055]) 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 estimated cost of the proposed deferred loan application is
estimated at $15,000.
NOW, THEREFORE, BE IT RESOLVED by the Brooklyn Center Economic
Development Authority that:
1. The Brooklyn Center Economic Development Authority does approve the
one (1) housing rehabilitation deferred loan application (file no.H -129
[8055]) as recommended by the staff.
2. That the work be performed as recommended in the request for council
consideration form dated January 23, 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 limit of $15,000.
/t 3 her
Date President
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.