2014-34RESOLUTION 2014- 34
COUNCIL MEMBER CHRISTIANSEN INTRODUCED THE FOLLOWING RESOLUTION:
A RESOLUTION TO AUTHORIZE THE CITY OF BLAIR CITY COUNCIL TO RELEASE
COMMUNITY DEVELOPMENT BLOCK GRANT (CDBG) RE -USE FUNDS TO PROVIDE
DIRECT FINANCIAL ASSISTANCE TO KB QUALITY MEATS
WHEREAS, the City of Blair, Nebraska received Community Development Block Grant
(CDBG) funds under the Housing and Community Development Act of 1974, and
WHEREAS, the City of Blair, Nebraska has collected receivable program income from
that CDBG award, and
WHEREAS, the City of Blair, Nebraska has entered into an agreement with the
Metropolitan Area Planning Agency (MAPA) to assume responsibility for implementing a Non -
Profit Development Organization (NDO) Revolving Loan Program for the City as a component
of the MAPA Foundation's overall Revolving Loan Fund portfolio, and
WHEREAS, the MAPA Foundation shall administer a program that is in accordance with
the City's Local CDBG Reuse Plan, and
WHEREAS, KB Quality Meats located in the City of Blair, Nebraska has applied for
Revolving Loan Fund assistance from the MAPA Foundation for the purpose of purchasing
equipment making building upgrades, and
WHEREAS, the City of Blair is authorized to release CDBG program income proceeds to
the MAPA Foundation to supplement a loan package to KB Quality Meats in accordance with
the City's Local CDBG Reuse Plan and Agreement for NDO Service.
NOW THEREFORE, BE IT RESOLVED, the City of Blair City Council authorizes the
release of $25,000 in eligible CDBG program income proceeds to the MAPA Foundation.
BE IT FURTHER RESOLVED THAT, the MAPA Foundation, upon satisfactory
execution of the loan agreement between MAPA and KB Quality Meats, shall release to said
business a loan in the amount of twenty -five- thousand dollars ($25,000).
COUNCILMEMBER CHRISTIANSEN MOVED THAT THE RESOLUTION BE ADOPTED
AS READ, WHICH SAID MOTION WAS SECONDED BY COUNCILMEMBER KEPHART.
UPON ROLL CALL, COUNCILMEMBERS SHEPHARD, STEWART, KEPHART, RYAN,
CHRISTIANSEN, JENSEN, ANDERSEN AND HALL VOTING "AYE", AND
COUNCILMEMBERS NONE VOTING "NAY', THE MAYOR DECLARED THE
FOREGOING RESOLUTION PASSED AND ADOPTED THIS 23 DAY OF SEPTEMBER,
2014.
CITY OF BLAIR, NEBRASKA
BY 1
J ALPH, MAYOR
ATTEST:
BRENDA R. WHEELER, CITY CLERK
(SEAL)
STATE OF NEBRASKA )
)ss
WASHINGTON COUNTY )
BRENDA R. WHEELER, hereby certifies that she is the duly appointed, qualified, and acting
City Clerk of the City of Blair, Nebraska, and that the above and foregoing Resolution was duly
passed and adopted at a regular meeting of the Mayor and City Council of said City held on the
23 day of September, 2014.
BRENDA R. WHEELER, CITY CLERK