City Council Resolution 2009-25CITY OF MONTICELLO
WRIGHT COUNTY, MINNESOTA
RESOLUTION NO. 2009-25
A RESOLUTION AUTHORIZING PARTICIPATION IN THE NEIGHBORHOOD
STABILIZATION PROGRAM AND REQUESTING FUND DISBURSEMENTS FROM
MINNESOTA HOUSING FINANCE AGENCY
WHEREAS, the Minnesota Housing Finance Agency (MHFA) has awarded the City of
Monticello a Neighborhood Stabilization Program (NSP) grant; and
WHEREAS, the City is the recipient of $523,923 NSP grant dollars; and
WHEREAS, the City of Otsego is a sub -recipient of $47,153.07 NSP grant dollars; and
WHEREAS, MHFA requires the City to accept the NSP grant and identify the persons authorized
to sign the NSP Grant Agreement.
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
MONTICELLO MINNESOTA that the City wants to participate in the NSP grant program, that the City
accepts the NSP grant, and that the City hereby approves the NSP Grant Agreement. The Mayor and
Deputy City Clerk are authorized and directed to sign the NSP Grant Agreement. The Finance Director
and Economic Development Director are authorized to sign NSP grant disbursement requests.
BE IT FURTHER RESOLVED that the City Council hereby requests the MHFA disburse the
NSP grant dollars.
ADOPTED by the City Council of the City of Monticello, Minnesota, on this 11 to day of May
2009, by a vote of 5 ayes and 0 nays.
Clint Herbst, Mayor
ATTEST:
Dawn Grossinger, Deputy City Clerk
5/11/09