HomeMy WebLinkAbout33089 / 84-02NOVEMBER 15 1984
(CARRIED
PURPOSE:
INITIATED BY:
# 2 RESOLUTION
LOST LAID OVER WITHDRAWN )
TO AUTHORIZE SUBMISSION OF AN APPLICATION TO THE
DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT FOR
URBAN DEVELOPMENT ACTION GRANT FUNDS
DIVISION OF PLANNING AND RESEARCH
WHEREAS, the Housing and Community Development Act of 1978 has authorized
funds to be allocated under the Urban Development Action Grant Program; and
WHEREAS, the Secretary of the Department of Housing and Urban Development
is autherized to award gran±s; a^d
WHEREAS, the City of Oshkosh desires to obtain Federal funds under the
Urban Development Action Grant Program to provide gap financing (second
mortgage loan) to Vintage Investment Co. of Lansing, Michigan, to rehabilitate
the Chief Oshkosh Brewery to apartments; and
WHEREAS, it is required by the Department of Housing and Urban Development
that all cities applying for Urban Development Action Grant funds submit
assurances with the application regarding equal opportunities, citizens partici-
pation, and other relevent matters; and
WHEREAS, a public hearing on the application has been held before the
Citizens Advisory Committee and a public hearing on the application has been
held before the Oshkosh Common Council on this date, November 15, 1984.
NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of Oshkosh
that the City Manager and appropriate staff be authorized to prepare, execute,
and file an application for the aforementioned grant, and to provide any
assurances required in conjunction with the application, and upon receipt of the
grant, be authorized to execute the necessary documents and contracts.
SUBtFIT'r�D BY
APPROVED
— 2 —
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