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HomeMy WebLinkAbout~Master - 2006/07 CDBG Funding Agreement RESOLUTION NO. 06-329 RESOLUTION APPROVING THE 2006/07 COMMUNITY DEVELOPMENT BLOCK GRANT (CDBG)AGREEMENT WITH THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD) FOR THE CITY OF AMES,IOWA WHEREAS, in August 2006,the City received notification from the Department of Housing and Urban Development(HUD)that the review of the City's Consolidated Plan and 2006/07 Annual Action Plan had been completed; and, WHEREAS, HUD is now requesting that the city sign and return the 2006/07 CDBG Agreement and Funding Approval; and, WHEREAS,the Agreement outlines that the City of Ames will receive$502,589 for the fiscal year July 1,2006,through June 30,2007,to implement the following approved Action Plan projects: Renter Affordability Program(formerly Deposit Assistance Program) Minor Repair Assistance Program for Non-Profits Neighborhood Sustainability Program(formerly Acquisition/Reuse Program) Homebuyer Assistance Program WHEREAS, the Agreement stipulates that the City of Ames agrees to assume all of the responsibilities of environmental review, decision-making, and actions, as specified and required in regulations issued by HUD. NOW,THEREFORE,BE IT RESOLVED by the City Council of the City of Ames,Iowa,that the 2006/07 Community Development Block Grant Agreement with the Department of Housing and Urban Development is hereby approved. ADOPTED THIS 22nd day of August, 2006. -Diane R. Voss, City Clerk Ann H. Campbell, Mayor Introduced by: Goodman Seconded by: Hamilton Voting aye: Doll, Goodman, Hamilton, Mahayni, Rice Voting nay: None Absent: Popken Resolution declared adopted and signed by the Mayor this 22nd day of August, 2006.