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HomeMy WebLinkAboutIV.D.1 Resolution 2024-05 Approving Amendment to FIP for 301 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. 2024-05 A RESOLUTION OF THE HASTINGS ECONOMIC DEVELOPMENT AND REDEVELOPMENT AUTHORITY (HEDRA) APPROVING AN AMENDMENT TO THE FAÇADE IMPROVEMENT PROGRAM GRANT FOR 301 2ND STREET E WHEREAS, On November 10th, 2021 HEDRA adopted a Façade Improvement Program; and WHEREAS, HEDRA received an application from Amy Sutton (“Applicant”) for eligible improvements at 301 2nd Street E, commonly known as Hastings Family Service; and WHEREAS, on October 12th, 2023, HEDRA adopted Resolution No. 2023-14 approving the requested Façade Improvement Grant for 301 2nd Street East in the amount of $1,600.00 WHEREAS, after the Applicant received grant approval and began the project, it was found that there was additional work required to repair the façade and roof after demolition of the awning WHEREAS, after the Applicant submitted for reimbursement, the total cost was higher than the submitted estimates, totaling $8,850.00 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 Amy Sutton in the amount of $2,950.00 ADOPTED BY THE HASTINGS ECONOMIC DEVELOPMENT AND REDEVELOPMENT AUTHORITY THIS 8TH DAY OF FEBRUARY 2024. Ayes: Nays: Absent: Trevor Johnson, President Alexander Menke, Secretary