HomeMy WebLinkAbout2014-071 CCR Member Lin Myszkowski introduced the following resolution and
moved its adoption:
RESOLUTION NO. 2014-71
RESOLUTION APPROVING CONTINUANCE OF THE SUB RECIPIENT
AGREEMENT WITH HENNEPIN COUNTY FOR NEIGHBORHOOD
STABILIZATION PROGRAM 3 (MHFA NSP3 AND HUD NSP3)
WHEREAS, Hennepin County (Recipient) has received grants from the U.S.
Department of Housing and Urban Development (HUD) and Minnesota Housing Finance
Agency (MHFA) for Neighborhood Stabilization Program 3 (NSP3) under Section 1497 of the
Wall Street Reform and Consumer Protection Act of 2010 (Public Law 111-203, approved July
21, 2010, Dodd - Frank Act or "The Act") as amended, for emergency assistance for
redevelopment of abandoned and foreclosed homes and residential properties; and
WHEREAS, pursuant to the requirements of The Act, Hennepin County has
proposed Subrecipient Agreements for Hennepin County Neighborhood Stabilization Program 3,
including HUD NSP3 and MHFA NSP3 (Subrecipient Agreements), for execution by the City of
Brooklyn Center; and
WHEREAS, recipient has approved use of$677,750 of HUD NSP3 funds and
$475,000 of MHFA NSP3 funds for the City of Brooklyn Center (Subrecipient) for the
Implementation of Eligible and Fundable NSP activity (ies) as set forth in the Subrecipient
Agreements; and
WHEREAS, the City of Brooklyn Center's designated activity under the NSP3
program includes the following:
1. Eligible use "E"Redevelopment($677,750 from HUD NSP3)
2. Eligible use "E Redevelopment($475,000 from MHFA NSP3); and
WHEREAS, pursuant to the Subrecipient Agreements between the City of
Brooklyn Center and Hennepin County, the City agrees to assume certain responsibilities for the
utilization of NSP3 funds pursuant to the Subrecipient Agreements; and
WHEREAS, approval of the Subrecipient Agreements by the City of Brooklyn
Center is required in order to receive NSP3 funding from Hennepin County.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of
Brooklyn Center, Minnesota, that it approves the Subrecipient Agreements from Hennepin
County for Neighborhood Stabilization Program 3 (NSP3) and authorizes the Mayor and City
Manager to execute the agreements.
RESOLUTION NO. 2014-71
BE IT FURTHER RESOLVED that the City Council authorizes the Mayor and
City Manager to approve any revisions to the Subrecipient Agreements as required by Hennepin
County, said revisions shall not constitute a revision that will substantially affect the nature or
intent of the Subrecipient Agreement.
June 9 2014 c= �
Date Mayor
ATTEST: rf��atmll'.
City Clerk
The motion for the adoption of the foregoing resolution was duly seconded by member
Kris Lawrence-Anderson
and upon vote being taken thereon,the following voted in favor thereof.
Tim Willson, Carol Kleven, Kris Lawrence-Anderson, Lin Myszkowski, and Dan Ryan;
and the following voted against the same: none;
whereupon said resolution was declared duly passed and adopted.