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.

BY PRESIDENT GILBERT:

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.


STATEMENT OF PURPOSE: The purpose of this resolution is to approve agreements between DEDA and Neighborhood Housing Services, Inc., Spirit Valley Neighborhood Citizens' Development Association, Northern Communities Land Trust, and Housing and Redevelopment Authority Of Duluth, Minnesota pursuant to the requirements of Resolution 99-0239.

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