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HomeMy WebLinkAbout2000-135-11/07/2000-ADOPTING FISCAL YEAR 2000-2001 HOME INVESTMENT PARTNERSHIPS PROGRAM RESOLUTION 2000-135 OF THE COUNCIL OF THE CITY OF FORT COLLINS APPROVING THE FY 2000-2001 HOME INVESTMENT PARTNERSHIPS PROGRAM FOR THE CITY OF FORT COLLINS WHEREAS, the Home Investment Partnerships Program provides federal funds from the Department of Housing and Urban Development to the City which can be allocated to affordable housing related programs and projects; and WHEREAS, the City's Community Development Block Grant Commission ("CDBG Commission"),in cooperation with the City's Affordable Housing Board,has conducted an extensive public process, including conducting public hearings to review housing proposals; and WHEREAS, the CDBG Commission has submitted to the City Council a list of recommendations for the fiscal year 2000-2001 Home Investment Partnerships Program; and WHEREAS, the City Council has determined that the recommendations of the CDBG Commission are in the best interests of the City and should be approved for the fiscal year 2000- 2001 Home Investment Partnerships Program. NOW THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF FORT COLLINS that the administration is authorized to submit the FY 2000-2001 Home Investment Partnerships Program application as follows: Volunteers of America—Development Fees $250,000 Fort Collins Housing Corporation—Rehabilitation $ 52,750 $ 92,250 (CHDO) Funding Partners —Northern Hotel $235,000 Passed and adopted at a regular meeting of the Council of the City of Fort Collins held this 7th day of November, A.D. 2000. ayor ATTEST: City Clerk