BY PRESIDENT GILBERT:00-0464R
RESOLUTION APPROVING DEDA AGREEMENTS WITH NEIGHBORHOOD HOUSING SERVICES, INC., SPIRIT VALLEY NEIGHBORHOOD CITIZENS' DEVELOPMENT ASSOCIATION, NORTHERN COMMUNITIES LAND TRUST, AND HOUSING AND REDEVELOPMENT AUTHORITY OF DULUTH, MINNESOTA PURSUANT TO DEDA RESOLUTION 00D-38.
RESOLVED, that, pursuant
to city council Resolution No. 99-0239, the agreements between the Duluth
economic development authority ("DEDA") and
Neighborhood Housing Services,
Inc., Spirit Valley Neighborhood Citizens' Development Association, Northern
Communities Land Trust, and Housing and Redevelopment Authority Of Duluth,
Minnesota, in an amount not to exceed $1,340,000, as approved by the DEDA
board at its meeting of June 20, 2000, pursuant to DEDA Resolution No.
00D-38, a copy of which is on file in the office of the city clerk as Document
No. _____________, is hereby approved.
Agreements with the following
agencies provide for services relating to the redevelopment of the "At
Home in Duluth" target areas including acquisition, demolition services,
rehabilitation. The amounts to be paid to the agencies are set forth below
and in the DEDA Resolution No. 00D-38:
|Neighborhood Housing Services, Inc.||$400,000*|
|Housing and Redevelopment Authority of Duluth, Minnesota ($50,000 from Housing Projects District No. 7, Fund 865)**||$550,000*|
|Spirit Valley Neighborhood Citizens' Development Association||$330,000*|
|Northern Communities Land Trust||$ 60,000*|
|* MHFA Grant (DEDA will act as a pass through agent)|
|** Distrct No. 7 Fund 860, Org. 8642, $230,000 - Budgeted and available|