Agenda Item Title:
Authorize Mayor and Finance Officer to Sign FY2016 Community Development Block Grant (CDBG) Indenture of Restrictive Covenants for Rapid City Supportive Housing, Inc. – Galaxy Apartments.
Origination Group:
Legal & Finance Committee
Origination Meeting Date:
11/14/2018
City Council Hearing Date:
11/19/2018
Petitioner:
Rapid City Supportive Housing, Inc.
Staff Contact:
Barbara Garcia
Agenda Item Summary:
Staff is seeking City Council approval and authorization for the Mayor and Finance Officer to sign the FY2016 Community Development Block Grant (CDBG) Indenture of Restrictive Covenants for Rapid City Supportive Housing, Inc.
Funding Source & Fiscal Impact (if applicable):
| Funding | Cost Center |
|---|---|
| Community Development Block Grant FY2016. | |
Recommendations:
Origination Recommendation Action:
Approve