HomeMy WebLinkAbout~Master - Acceptance Letter from IDED for Local Housing Assistance Program Grant Funds in Connection with the Ames/Story County Affordable Housing Program RESOLUTION NO. 99-013
RESOLUTION AUTHORIZING THE MAYOR TO SIGN
THE ACCEPTANCE LETTER FROM IDED FOR LOCAL HOUSING
ASSISTANCE PROGRAM GRANT FUNDS IN CONNECTION WITH THE
AMES/STORY COUNTY AFFORDABLE HOUSING PROGRAM
FOR THE CITY OF AMES,IOWA
WHEREAS, on December 31, 1998,the City was notified that the IDED intends to award
the City of Ames, on behalf of the Ames/Story County Partnership, a Local Housing Assistance
Program(LHAP) grant in the amount of$400,000; and,
WHEREAS,this grant will be used to establish a Story County Housing Bank to finance the
production of affordable units for participating communities in Story County; and,
WHEREAS,in order for IDED to begin to prepare the contract documents,IDED is requiring
the Mayor to sign and return an acceptance letter; and,
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Ames, Iowa,
that the request for the Mayor to sign the conditional acceptance letter from IDED for LHAP grant
funds in the amount of$400,000 in connection with the Ames/Story County Affordable Housing
Program is hereby approved.
ADOPTED THIS 12th day of January, 1999.
Diane R. Voss, City Clerk Ted Tedesco, Mayor
Introduced by: Quirmbach
Seconded by: Wirth
Voting aye: Campbell, Cross, Hoffman, Quirmbach, Wirth
Voting nay: None Absent: Parks
Resolution declared adopted and signed by the Mayor this 12th day of January, 1999.