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4.5 HRSR 11-03-2014
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4.5 HRSR 11-03-2014
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10/31/2014 8:27:54 AM
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10/31/2014 8:27:21 AM
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City Government
type
HRSR
date
11/3/2014
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ITEM 1 4.5 <br /> Elk River Homeowner Rehab Program Report <br /> Prepared By: Greg Alkire, Program Manager, Central Minnesota Housing Partnership, Incorporated <br /> Completed: 10/23/2014 <br /> PROGRAM ACTIVITY # NOTES <br /> 1. Public Meeting Attendess 3 No Change <br /> 2. Request for Applications 7 No Change <br /> 3. On Waiting List 2 No Change <br /> 4. Homeowners In Process 2 Homeowners reviewing Scope of Work <br /> 1 Homeowners Out for Bids <br /> 1 Homeowners Contract being prepared <br /> FINANCIAL UPDATES TOTAL CONSTRUCTION CONSTRUCTION CONSTRUCTION ADMIN ADMIN ADMIN <br /> FUNDING YEAR CYCLE FUNDING FUNDING (85%) DRAW TO DATE BALANCE FUNDING(15%) DRAW TO DATE BALANCE <br /> 2014 $ 100,000.00 $ 85,000.00 $ 1,701.00 $ 83,299.00 $ 15,000.00 $ 7,500.00 $ 7,500.00 <br /> 2015 $ 100,000.00 $ 85,000.00 $ - $ 85,000.00 $ 15,000.00 $ - $ 15,000.00 <br /> 2016 $ 100,000.00 $ 85,000.00 $ - $ 85,000.00 $ 15,000.00 $ - $ 15,000.00 <br /> Projects to date <br /> 236 Norfolk <br /> 525 8th <br /> 1021 4th St <br />
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