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04/23/2002 Resolutions 2002-117 I I I RES 0 L UTI 0 N 2002-117 WHEREAS, the City of Grand Island, Nebraska, is an eligible unit of a general local government authorized to file an application under the Housing and Community Development Act of 1974 as amended, for Small Cities Community Development Block Grant Program; and WHEREAS, the City of Grand Island, Nebraska, has obtained its citizens' comments on community development housing needs; and has conducted public hearings upon the proposed application and received favorable public comment respecting the application which is for an amount of$400,000 for site development, infrastructure development, architect, engineering, and related fees including grant administration for the construction of 115 single family homes in a 23-acre parcel of undeveloped land; and WHEREAS, the local match for the project, including down payment assistance, the home buyers' bank mortgages, and costs associated with the construction and financing of infrastructure, will be no less than $291,000. NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COUNCIL OF THE CITY OF GRAND ISLAND, NEBRASKA, that the Mayor is hereby authorized and directed to proceed with the formulation of any and all documents, contracts or other memoranda between the City of Grand Island and the Nebraska Department of Economic Development so as to effect application for and acceptance of the grant application for the purposes outlined above. Adopted by the City Council of the City of Grand Island, Nebraska on April 23, 2002. Q~\\~ ?D~ RaNae Edwards, City Clerk Approved as to Form T ~ April 29. 2002 ... Ity Attorney