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05-716Council File # �� �� � Resolution # Green Sheet # � �� `� � 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 Presented By Referred To RESOLUTION CITY OF SAINT PAUL, MfNNESOTA 3� committee: Date WHEREAS, the Phalen Village Small Area Plan (Plan) was adopted by the City Council in 1995; and WHEREAS, to implement the Plan the Saint Paul HRA has previously approved a Loan Agreement for the acquisition of the Hazelwood Project; and WIlEREAS, the City of Saint Paul is eligible to make application for funds under the EDI-Special Projects Program administered by the U.S. Department of Housing and Urban Development (HLJD) to be used in the acquisition of buildings by the new partnership of Hazelwood Project. NOW THEREFORE BE IT RESOLVED by the City Council that the appropriate City Officials are hereby authorized to apply to HI.JD far funding in the amount of $248,000 far the Hazelwood Project on behalf of the City; and BE IT FURTHER RESOLVED, that upon approval of its application by HUD the Ciry may enter into an agreement with HUD and the Department of Planning and Economic Development is hereby authorized to execute such agreements that are necessary to implement the project on behalf of the City; and BE IT FURTHER RESOLVED, that the City Council approves the following budget amendments for this project: FINANCING PLAN EDI Grant from Il[JD P6-100-39294-3099-61682 Hazelwood Project SPENDING PLAN Hazelwood Project P6-100-39294-0547-61682 Current Budget Change 0 248,000 0 248,000 Amended Budget 248,000 248,000 O � y �I� � Green Sheet Green Sheet Green Sheet Green Sheet Green Sheet Green Sheet � � Department/officelcouncil: j Date Initiated: '� � PE — p���ng&EconomicDevelopment i 27.1UL-05 ! Green Sheet NO: 3027520 Confact Person & Phone: Patty Liiledahl _ 266-6582 ! Must Be on Council Agenda by (Date): i 03-AUG-05 � i Deoardnent Sent To Person Initial/Date i 0 lanoin¢ & Economic Develoo i i Assigo I 1 �lannine & Economic Develoo � Deoartment Director I l Num6er � Z imAttornev � For Routillg 3 vor's Office � MavodAssistant Order 4 ouncil ' I $ itv ('Ierk ' ('itv Clerk I ToWI # of Signature Pages _(Clip All Lowtions for Signature) Action Requested: Adoption of a City Resolurion approving a$248,000 Federal EDI grant on behalf of the City and amendedt�abudget. Recommendations: Planning Commission CIB Committee � Civil Service Commission 1. Has this person/firm ever worked under a contract for this departmenY? Yes No 2. Has this person/firm ever been a ciry employee? Yes No 3. Does this person/frm possess a skill not normally possessed by any current city employee? Yes No F�cplain all yes answers on separate sheet and attach to green sheet Initiating Problem, Issues, Opportunity (Who, What, When, Where, Why): The fourth phase of the Ames Lake Project, Hazelwood Terrace, received a federal grant in the amount of $248,000 to assist with the rehabilitarion of the 99 rental units. AdvantapeslfApproved: DisadvanWqes If Approved: Loss of $248,000 grant Disadvantaqes If Not Approved: � " """'""• °, 248000 Transaction: FundinqSource: EDIGrantfromHUD (R): � Personal Service Contracts Must Answer the Following Questions: CosURevenue Budgeted: Y Activitv Number: p6-100-39294-0547 Financial Information: (Explain)