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05/28/2013 Resolutions 2013-164 - — RESOLUTION 2013-164 WHEREAS,the City of Grand Island,Nebraska is an eligible unit of a general local government authorized to retain and administer program income from the Neighborhood Stabilization Program (NSP1); and WHEREAS, Program Income Reuse Funds are administered by the Community Development Division for activities that rehabilitate or support housing located within NSP 1 boundaries; and WHEREAS,The Nebraska Department of Economic Development has approved the City of Grand Island's Neighborhood Stabilization Program Income Reuse Plan; and WHEREAS, Nebraska Department of Economic Development periodically updates official program income reuse requirements which necessitate revisions to local guidelines. NOW, THEREFORE,BE IT RESOLVED BY THE MAYOR AND COUNCIL OF THE CITY OF GRAND ISLAND, NEBRASKA, that the City of Grand Island, Nebraska, hereby adopts and approves the Program Income Reuse Plan for NSP 1 activities and will submit the plan to the Nebraska Department of Economic Development; and The Mayor is hereby authorized and directed to execute such grant applications and other documentation on behalf of the City of Grand Island for such grant process. Adopted by the City Council of the City of Grand Island,Nebrask. May 28, 2013. vrice?, Mayor Attest: Cxnos- RaNae Edwards, City Clerk Approved as to Form •w: .; -/ • May 28,2013 0 C or orney