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HomeMy WebLinkAboutIV. b. CDR Resolution – Dakota CDA Redevelopment Grant – HudsonHASTINGS ECONOMIC DEVELOPMENT AND REDEVELOPMENT AUTHORITY RESOLUTION NO. 2012-01 PPROVAL TO SUBMIT APPLICATION FOR FUNDING TO THE DAKOTA COUNTY CDA A REDEVELOPMENT INCENTIVE GRANT PROGRAM Commissioner ______________ introduced the following resolution and moved its adoption: WHEREAS , the Hastings Economic Development and Redevelopment Authority (HEDRA)has identified a proposed project within the City of Hastings that meets the Dakota County Community Development Agency (CDA) Redevelopment Incentive Grant program’s purposes and criteria; and WHEREAS ,The City and HEDRAhaveestablished a Redevelopment Plan of which the proposed project is a component; and WHEREAS ,HEDRAhas the capability and capacity to ensure the proposed project be completed and administered within the Redevelopment Incentive Grant program guidelines; and WHEREAS ,HEDRA has the legal authority to apply for financial assistance; and WHEREAS ,HEDRAis supportive of affordable housingand of the CDA’s mission, to improve the lives of Dakota County residents through affordable housing and community development. NOW THEREFORE BE IT RESOLVED that HEDRAapproves the application for funding from the Dakota County CDA Redevelopment Incentive Grant program. BE IT FURTHER RESOLVED that upon approval of its application by the Dakota County CDA, John Hinzman, Executive Director,is hereby authorized to execute such agreements as are necessary to receive and use the funding for the proposed project. Commissioner _____________ seconded the resolution and upon being put to a vote it was adopted: Ayes: Nays: Absent: By:_______________________________ Its: President ATTEST: _______________________________ John Hinzman, Executive Director