BY PRESIDENT GILBERT:00-0392R
RESOLUTION AUTHORIZING COMMUNITY DEVELOPMENT BLOCK GRANT ECONOMIC DEVELOPMENT PROJECT AGREEMENTS IN THE AMOUNT OF $443,287 WITH VARIOUS SERVICE PROVIDERS
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
|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|
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.