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5D Public Hearing 2019 0506
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5D Public Hearing 2019 0506
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Last modified
5/13/2019 10:31:33 AM
Creation date
5/2/2019 11:04:05 AM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Agenda
Document Date (6)
5/6/2019
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PERM
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Reso 2019-075
(Approved)
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\City Clerk\City Council\Resolutions\2019
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year <br />- <br />h HUD's 20 <br />25 <br />payments based on the repayment <br /> <br /> <br /> <br />Public Facilities <br /> <br />- <br />2019 <br /> <br />Annual Action Plan <br /> <br /> <br /> <br />414 <br />, <br /> <br />87 <br />$1 <br /> <br />Wide <br />- <br />t applicable. <br />Section 108 Loan RepaymentCityCommunity Development Needs GoalsCommunity Development Needs CDBG: The City received $2.5 million HUD Section 108 Loan to complete the construction of the <br /> senior center. With the completion of the facility, the City will now make reschedule provided by HUD. The City pledges future CDBG funds to repay the $2.5 million loan over 20 years.6/30/2020NoNo <br />t applicable.The City will use CDBG funds to repay its $2.5 million HUD Section 108 Loan used to complete the construction of the City's senior center. The repayment amounts are in accordance <br /> witrepayment schedule. <br /> <br /> <br /> <br />ed <br /> <br />0117 (exp. 06/30/2018) <br /> <br /> <br />- <br /> <br />ontrol No: 2506 <br />Project NameTarget AreaGoals SupportedNeeds AddressFundingDescriptionTarget DateEstimate the number and type of families that will benefit from the proposed activitiesLocation DescriptionPlanned <br /> Activities <br /> <br />3 <br />OMB C <br /> <br />
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