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HomeMy WebLinkAbout1994-047 EDARits adoption: Commissioner Kristen Mann introduced the following resolution and moved EDA RESOLUTION NO. 94 47 RESOLUTION APPROVING ONE (1) BROOKLYN CENTER ECONOMIC DEVELOPMENT AUTHORITY DEFERRED LOAN (FILE NO. H -127 [80531 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 -127 [8053]) 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 -127 [8053]) as recommended by the staff. That the work be performed as recommended in the request for council consideration form dated October 11, 1994, and that the applicants 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. October 11, 1994 Date Todd Paulson, President The motion for the adoption of the foregoing resolution was duly seconded by commissioner Celia Scott and upon vote being taken thereon, the following voted in favor thereof: Celia Scott, Dave Rosene, Barb Kalligher and Kristen Mann; and the following voted against the same: none, whereupon said resolution was declared duly passed and adopted.