HomeMy Public PortalAboutResolution 2022-04-07 Authorizing The Grant Agreement for Operation Turn Key Grant for Victoria VillageTOWN OF FRASER
RESOLUTION NO. 2022-04-07
A RESOLUTION AUTHORIZING THE TOWN MANAGER TO SIGN THE GRANT
AGREEMENT FOR OPERATION TURNKEY GRANT FUNDS FOR THE PROCUREMENT OF
VICTORIA VILLAGE
WHEREAS, the Colorado Department of Local Affairs, Division of Housing has awarded
the Town of Fraser $3,040,000 in grant funds through the Operation Turnkey (OTK) Grant
Program for the acquisition of the Victoria Village subdivision for the primary purpose of
developing affordable housing in Fraser.
WHEREAS, the Colorado Division of Housing (DOH) requires an adopted resolution
from a local municipal elected body to authorize anyone other than the chief elected official to
sign grant agreements that receive state funds.
WHEREAS, the Town Manager and Town Staff are familiar and ready to adhere to the
grant requirements and terms set forth by the OTK grant agreement between the Town of
Fraser and the Colorado Division of Housing.
WHEREAS, staff recommends authorizing the Town Manager to sign the OTK grant
agreement so that the agreement can be signed promptly following review by the Town
Attorney.
NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF TRUSTEES OF THE TOWN OF
FRASER, COLORADO THAT:
1. The Town Manager is authorized to apply to DOH for funding and has full signatory
authority in regard to all contracts and corresponding documents associated with
agreements entered into with the State following approved review by the Town Attorney.
READ, PASSED ON ROLL CALL VOTE, AND ADTOPTED BY THE BOARD OF TRUSTEES
THIS 20th DAY OF April, 2022.
Votes in favor:
Votes opposed:
Abstained:
Absent:
BOARD OF TRUSTEES OF THE
TQ� +OE RASER, COLORADO
BY:
Mayor
ATTEST:
CILAAACAY‘t.t\fY1C'tk-,-c1"--
Town Clerk