Agenda Item Title:
LF083122-06 - Authorize the Mayor and Finance Director to sign the FY21 Mid-Year CB Rapid City Housing Limited Partnership Assignee Contract and Covenants
Origination Group:
Legal & Finance Committee
Origination Meeting Date:
08/31/2022
City Council Hearing Date:
09/06/2022
Petitioner:
Community Enrichment Division (Formerly CDBG Program Division)
Staff Contact:
Michelle Schuelke, Community Enrichment Division Manager
Agenda Item Summary:
Staff is seeking City Council approval for the Mayor and Finance Director to sign two copies of the FY21 Mid-Year Community Development Block Grant Assignee Contract and two copies of the Indenture of Restrictive Covenants for CB Rapid City Housing Limited Partnership.
Funding Source & Fiscal Impact (if applicable):
| Funding | Cost Center |
|---|---|
| FY21 CDBG | |
Recommendations:
Origination Recommendation Action:
Approve