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CITY OF CENTERVILLE <br />REQUEST FOR <br />COUNCIL ACTION <br />Agenda Item # <br />Department: <br />Requested Council Meeting Date: <br />Administration <br />August 28, 2019 <br />TITLE OF ISSUE: <br />Authorize Anoka County HRA to Fund EDA Loan - Grant Program <br />BACKGROUND AND SUPPLEMENTAL INFORMATION: <br />Staff is bringing forward a Resolution to fund the EDA Loan - Grant Program through the use of Anoka County <br />Housing and Redevelopment Authority (HRA) funds. <br />The EDA is marketing business development opportunities throughout the community through a loan grant <br />program aimed at improving the exterior of businesses that currently exist. <br />The Anoka County HRA has funds not currently needed for near future improvements to Chauncey Barrett <br />units. We have the opportunity to use those funds to kick off projects as determined by the EDA to meet the <br />established criteria for exterior building improvements. <br />COST AND SOURCE(S) OF FUNDING: <br />The funds come from Anoka County to the EDA to further their mission. <br />REQUESTED COUNCIL ACTION: <br />Staff recommends that the City Council approve the attached resolution as presented. <br />For Clerk's Use: <br />SUPPORTED DOCUMENTS ATTACHED <br />Motion By: <br />Resolution Ordinance Contract Minutes Plan Map <br />Second By: <br />X <br />Vote Record: Ave Nay <br />Lakso <br />Love <br />0 Paar <br />Koski <br />Other (specify) <br />Resolution Authorizing Anoka HRA Funds for <br />Montain <br />EDA Loan - Grant Program <br />Administration Department Use: <br />Refer to: <br />Consent <br />Regular <br />Tabled Until: <br />Other: <br />