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HomeMy Public PortalAbout038-2013 - Grant - additional NSP-1 fundsORDINANCE NO.38-2013 AN APPROPRIATION ORDINANCE AUTHORIZING THE SUBMITTAL, ACCEPTANCE, AND APPROPRIATION OF GRANT FUNDS FROM THE INDIANA HOUSING AND COMMUNITY DEVELOPMENT AUTHORITY WHEREAS, In accordance with Indiana Code (IC) 36-1-4-10, a municipality may execute any documents necessary to receive money from the state or federal government or any other source, and said documents are prepared and executed by the City executive administration, provided that the Common Council of the City of Richmond as the legislative body of the City approves an ordinance for the appropriation of any monies received in accordance with IC 36-4-6-18; and WHEREAS, The City of Richmond recognizes the need to stimulate growth and to maintain affordable housing to benefit its citizens; and WHEREAS, The Housing and Economic Recovery Act of 2008 allows the United States Department of Housing and Urban. Development (HUD) to allocate Community Development Block Grant (CDBG) monies to communities and states nationwide; and WHEREAS, Additional CDBG monies have been allocated to Indiana, and the Indiana Housing and Community Development Authority (1HCDA) has authorized additional grant funds to be distributed through the original Neighborhood Stabilization Program (NSP-1) grant program to assist with the redevelopment of abandoned and foreclosed homes and residential properties. NOW, THEREFORE, be it ordained by the Common Council of the City of Richmond, Indiana, as follows: 1. The City of Richmond, by the Mayor and the Richmond Department of Metropolitan Development, has submitted or will submit, as authorized by IC 36-1-4-10, an application to receive the additional NPS-1 funds. 2. The City of Richmond is authorized to accept said additional grant funding in an amount up to One Hundred Sixty-eight Thousand Dollars ($168,000.00) from the IHCDA. 3. Said funds, if awarded to the City of Richmond, shall be appropriated for use in connection with the City's current NSP-I project. 4. No local match is required. Passed and adopted this/6— day , 2013, by the Common Council of the City of Richmond, Indiana. President (L a er) ATTE T: �tjlaren Chasteen, IAMC, MMQ�� PRESENTED to the Mayor of the City of Richmond, Indiana, this 1_ day of , 2013, at 9:00 a.m. Clerk ((Karen Chasteen, MC, MMC) APPROVED by me, Sarah L. Hutton, Mayor of the City of Richmond, Indiana, this j % "day of 2013, at 9:05 a.m.. Mayor _..� (Sarah L. Hutton) AT ST: (Karen Chasteen, IAMC, MMC)