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7.2 HRSR 10-05-2015
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7.2 HRSR 10-05-2015
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10/2/2015 9:06:16 AM
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City Government
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HRSR
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10/5/2015
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Staff suggests that the final agreement includes a provision that five of the commercial projects come <br /> from the north side and five from the south side (CMHP suggests 5 total commercial projects)at least <br /> initially, to better distribute the benefit,and to compensate for the north side perhaps not being as <br /> organized as the south.This could be used to facilitate the assistance based on income desired by the <br /> HRA in last year's application. <br /> With authorization, CMHP will begin the grant writing process to meet the pre-application deadline of <br /> November 12, 2015. If the pre-application is approved,then the next step would be to complete a full <br /> application in early 2016. CMHP requires $600.00 for preparation and submission of the preliminary <br /> proposal. <br /> CMHP will be present to explain the grant process, typical structure, and guidelines of the grant. <br /> Financial Impact <br /> $50,000 from budgeted funds <br /> $50,000 from cash reserves that were budgeted in the previous year 2014-15 for the SCDP <br /> $600 for the application <br /> Attachments <br /> • Target area <br /> • Agreement dated October 5, 2015 <br /> • August 3,2015 HRA Budget memo <br />
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