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HomeMy Public PortalAboutResolution 22-2013-22 RESOLUTION NO 2013-22 RESOLUTION TO APPROVE THE APPLICATION FOR AND THE ACCEPTANCE OF INDIANA HOUSING AND COMMUNITY DEVELOPMENT AUTHORITY COMMUNITY DEVELOPMENT BLOCK GRANT-DISASTER RELIEF FUNDS FOR THE OWNER OCCUPIED HOUSING REHABILITATION PROGRAM. WHEREAS, The City of Greencastle applied for and received a Stellar Grant from the State of Indiana which included as part of the grant proposal a request for a Community Block Grant for an Owner-Occupied Rehabilitation Program. NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of Greencastle, Indiana that, pursuant to the authority vested in the Common Council, after discussion and upon motion duly made and seconded and carried, the City of Greencastle is hereby authorized to accept money in the form of a 0164 recoverable grant from the Community Development Block Grant Program- Disaster Relief II, administered by Indiana Housing and Community Development Authority (IHCDA) in an amount not to exceed Three Hundred Thousand and 00/100 Dollars ($300,000) according to the terms and conditions as more particularly described in the Lien and Restrictive Covenant Agreement and Award Agreement between IHCDA and the City, copy of which is attached hereto and made a part hereof, marked as "Exhibit A". BE IT FURTHER RESOLVED, that the following are hereby authorized, empowered and directed to execute, acknowledge and deliver in the City's name and on its behalf all applications, documents, covenants, binding real estate, deeds, instruments or writings as are necessary and/or as appropriate to consummate the recoverable grant transaction, as acceptable to IHCDA: Sue Murray Mayor Laurie Hardwick City Attorney " Adopted by the Common Council of the City of Greencastle, Indiana at its regular meeting this 10th day of September 2013. COMMON COUNCIL OF THE CITY OF GREENCASTLE, INDIANA Jinsie S. Bingham Adam Cohen Mark N. Hammer Phyllis Rokicki Terry "TJ" Smit Approved and signed this 10th day of September, 2013 at o'clock p.m. Susan V. Murray, Mayor ATTEST: (a-- Lynda R. Dunbar, Clerk Treasurer I