00-0392R

RESOLUTION AUTHORIZING COMMUNITY DEVELOPMENT BLOCK GRANT ECONOMIC DEVELOPMENT PROJECT AGREEMENTS IN THE AMOUNT OF $443,287 WITH VARIOUS SERVICE PROVIDERS

BY PRESIDENT GILBERT:

RESOLVED, that the proper city officials are hereby authorized to enter into community development block grant (CDBG) program agreements with the service providers listed below in the amounts set forth below with regard thereto, said agreements substantially in the form of that on file in the office of the city clerk as Public Document No. _________________, payable from 2000 Federal Program Fund 262.
 
Account Amount Economic Development Projects
6313 $200,787 North Star Community Development Corporation/microenterprise revolving loan fund
6314 $  85,000 Northeast Entrepreneur Fund, Inc./microenterprise development
6315 $117,500  Project SOAR of Northeastern Minnesota/career development and self-employment training
6316 $  40,000 Damiano of Duluth, Inc./opportunities cooking


STATEMENT OF PURPOSE:  This resolution implements 2000 CDBG economic development programs by authorizing agreements with North Star Community Development Corporation, Northeast Entrepreneur Fund, Project SOAR of Northeastern Minnesota and Damiano of Duluth, Inc.  Below is program summary and goal information on each of these subrecipients:

North Star Community Development Corporation:  North Star will administer 16 new loans to Duluth microenterprises (businesses having five or fewer employees, one of whom owns the business), provide technical assistance to 30 existing businesses, and respond to 144 inquiries.

The Northeast Entrepreneur Fund:  The Entrepreneur Fund will provide 18 Duluth microenterprises with business development services, including specialized training, workshops and technical assistance.

Project SOAR of Northeastern Minnesota:  Project SOAR will provide career development and employment training services to at least 250 Duluthians.

Damiano of Duluth, Inc.:  Damiano's Opportunities Cooking Program is a 12 week job training program for kitchen workers involving internships and job placement. With the assistance of 2000 CDBG funds, the program will train 20 people, graduate at least ten of the students and place nine of those graduates in employment three months following graduation.