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HomeMy WebLinkAboutIV.B FIP 214 & 216 2nd St EThis instrument drafted by: City of Hastings 101 East 4th Street Hastings, MN 55033 CITY OF HASTINGS DAKOTA COUNTY, MINNESOTA HEDRA RESOLUTION NO. 2023-16 A RESOLUTION OF THE HASTINGS ECONOMIC DEVELOPMENT AND REDEVELOPMENT AUTHORITY (HEDRA) APPROVING AN AMENDMENT TO THE FAÇADE IMPROVEMENT PROGRAM GRANT FOR 214 & 216 2ND STREET E WHEREAS, On November 10th, 2021 HEDRA adopted a Façade Improvement Program; and WHEREAS, HEDRA received an application from Thomas and Vicki Jung (“Applicant”) for eligible improvements at 214 & 216 2nd Street E; and WHEREAS, on September 14th, 2023, HEDRA adopted Resolution No. 2023-13 approving the requested Façade Improvement Grant for 214 & 216 2nd Street East in the amount of $889.15 WHEREAS, after the Applicant submitted for reimbursement, it was found that the total cost was higher than the submitted estimates, totaling $3820.13 WHEREAS, to provide the 2:1 funding for the project, HEDRA Staff recommends amending the approved grant amount to account for the increased project cost NOW THEREFORE BE IT RESOLVED, That HEDRA approves the amended grant amount issued to Thomas and Vicki Jung in the amount of $1273.38 ADOPTED BY THE HASTINGS ECONOMIC DEVELOPMENT AND REDEVELOPMENT AUTHORITY THIS 14TH DAY OF DECEMBER 2023. Ayes: Nays: Absent: Margaret Horsch, President Alexander Menke, Secretary