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File #: 091153    Version: 0
Type: Resolution Status: Passed
File created: 12/22/2009 In control: COMMUNITY & ECONOMIC DEVELOPMENT COMMITTEE
On agenda: Final action: 1/20/2010
Effective date:    
Title: Resolution relative to the transfer of HOME-Community Housing Development Organization funding from the Bishop’s Creek Development Corp. to another Service Provider.
Sponsors: THE CHAIR
Indexes: COMMUNITY BLOCK GRANT ADMINISTRATION, COMMUNITY DEVELOPMENT BLOCK GRANT, HOUSING
Attachments: 1. Fiscal Note, 2. Hearing Notice List
Date Ver.Action ByActionResultTallyAction DetailsMeeting DetailsVideo
1/29/20100 MAYOR SIGNED   Action details Meeting details Not available
1/20/20100 COMMON COUNCIL ADOPTEDPass15:0 Action details Meeting details Not available
1/11/20100 COMMUNITY & ECONOMIC DEVELOPMENT COMMITTEE RECOMMENDED FOR ADOPTION

Minutes note: Individuals appearing: Steven Mahan, Community Development Grant Administration Welford Sanders, MLK Economic Development Corporation Ald. Ashanti Hamilton, 1st Aldermanic District Mr. Mahan says that the allocation will go to a housing project that is shovel-ready.
Pass4:0 Action details Meeting details Not available
1/5/20100 COMMUNITY & ECONOMIC DEVELOPMENT COMMITTEE HEARING NOTICES SENT   Action details Meeting details Not available
12/22/20090 COMMON COUNCIL ASSIGNED TO   Action details Meeting details Not available
Number
091153
Version
ORIGINAL
Reference
Sponsor
THE CHAIR
Title
Resolution relative to the transfer of HOME-Community Housing Development Organization funding from the Bishop’s Creek Development Corp. to another Service Provider.
Analysis
This resolution authorizes the transfer of HOME-Community Housing Development Organization funding in the amount of $350,051 from the Bishop’s Creek Development Corp. to the Martin Luther King Economic Development Corp.
Body
Whereas, The Common Council of the City of Milwaukee has previously approved the 2006 HOME-CHDO award to the Bishops Creek Development Corp. for the housing activity as a HOME-Community Housing Development Organization (CHDO); and

Whereas, The Community Development Grants Administration (CDGA) has notified Bishops Creek Development Corp. of their intentions regarding the 2006 funding; and

Whereas, The Martin Luther King Economic Development Corp. has notified CDGA of their intentions to use the HOME-CHDO funding for a project titled Scattered Site III in the amount of $350,051; and

Whereas, The Community and Economic Development Committee recommends the transfer of the HOME-CHDO funding from the Bishop’s Creek Development Corp. to the Martin Luther King Economic Development Corp. in the amount of $350,051; now therefore, be it

Resolved, By the Common Council of the City of Milwaukee that the Community Development Grants Administration is authorized the transfer the HOME-CHDO funds as stated above; and, be it

Further Resolved, That the Martin Luther King Economic Development Corp, shall submit budget and activity reports in amounts and according to any conditions approved by the Common Council and in accordance with File Number 74-92-5v, to the Community Development Grants Administration and the City Comptroller for review and approval; and, be it

Further Resolved, That payments for HOME-CHDO cost incurred shall be paid in accordance with approved HOME-CHDO reimbursement policy based on t...

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