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HomeMy Public PortalAboutResolution 2023-07-05 Authorizing Staff to Apply for Strong Communities, Main Street Live, Infrastructure Grants and Board Priority ProjectsTOWN OF FRASER RESOLUTION NO. 2023-07-05 A RESOLUTION AUTHORIZING THE STAFF TO APPLY FOR APPLICATION FOR THE STRONG COMMUNITIES, MAIN STREET LIVE, INFRASTRUCTURE GRANTS AND BOARD PRIORITY PROJECTS WHEREAS, The Operation Turnkey Grant from DOLA and DOH in 2022 secured the land purchase of Victoria Village. WHEREAS, The Board of Trustees authorized the Transformational Affordable Housing, Homeownership, and Workforce Housing Grant Program application for ten million ($10,000,000) and two and a half million ($2,500,000) in matching funds. The town was denied the grant. WHEREAS, the Colorado Division of Housing has a Strong Communities and Main Street Live and other possible Grant Programs for Affordable Housing and infrastructure. WHEREAS, the grant strategy will play a critical role in bringing desperately needed affordable housing and infrastructure to the Fraser Valley. WHEREAS, infrastructure extension, site design will require grant support allocated Town Funds and fee adjustments to leverage additional federal, state, and private financing for the Victoria Village, Clayton Court and other Board Priorities such as but not limited to a new Public Works Facility. WHEREAS, staff recommends authorizing the Mayor to sign the Letter of Commitment for the Grant applications as an initial authorization to apply with signature authority. NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF TRUSTEES OF THE TOWN OF FRASER, COLORADO THAT: 1. The Board of Trustees authorizes the staff to submit Applications for the Strong Communities, Main Street Live and other additional grant opportunities related to affordable housing and infrastructure. 2. The Board of Trustees authorizes allocation of up to a maximum of two million dollars ($2,000,000) in matching funds across multiple grant applications. 3. The Board of Trustees Authorizes the Mayor to sign the Letter of Commitment for the Grant applications as an initial authorization to apply with signature authority. READ, PASSED ON ROLL CALL VOTE, AND ADTOPTED BY THE BOARD OF TRUSTEES THIS 19 DAY OF So`y 2023. Votes in favor: 7 Votes opposed: Abstained: a BOARD OF TRUSTEES OF THE 0 TOWN OF FRASER, COLORADO BY: Mayor ATTEST: LL c1 -c,, 4 '\l ; Town Clerk