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RES 1991-62 - 00003718101 RESOLUTION NO. 62 - 1991 ' RESOLUTION TO RECEIVE $25,000 IN 1991 -92 COON RAPIDS' COMMUNITY DEVELOPMENT BLOCK GRANT FUNDS AND PLEDGING TO RETURN THOSE FUNDS IN 1992 -93 FRIDLEY COMMUNITY DEVELOPMENT BLOCK GRANT FUNDS OR OTHER MONIES WHEREAS, Anoka County, Minnesota, has been designated as an Urban County by the United States Department of Housing and Urban Development; and WHEREAS, Anoka County, Minnesota, receives an annual allocation of Community Development Block Grant funds from the Department of Housing and Urban Development as a result of the Urban County designation; and WHEREAS, all local governmental units in Anoka County receive a share of the Community Development Block Grant funds for eligible activities; and WHEREAS, the City of Fridley has allocated a share of its 1991 -92 Community Development Block Grant funds for blighted property acquisition and needs an additional $25,000 for this project; and ' WHEREAS, the City of Fridley has requested that the City of Coon Rapids reallocate $25,000 of its 1991 -92 unexpended Community Development Block Grant funds to Fridley; and WHEREAS, the City of Fridley agrees to reimburse the City of Coon Rapids by July 2, 1992, from the City of Fridley's 1992 -93 Community Development Block Grant funds or other monies. NOW, THEREFORE, BE IS RESOLVED BY THE CITY OF FRIDLEY, MINNESOTA, that the City of Fridley will accept $25,000 in unexpended 1991 -92 Coon Rapids' Community Development Block Grant funds. BE IT FURTHER RESOLVED that the City of Fridley will repay the City of Coon Rapids $25,000 from its 1992 -93 Community Development Block Grant funds or other monies by July 1, 1992. PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF FRIDLEY THIS 12TH DAY OF AUGUST, 1991. WILLIAM J. I - MAYOR ATTEST: SHIRLEY A. HAAPALA - CITY CLERK