Committee Minutes

MINUTES/URBAN DEVELOPMENT COMMITTEE
Tuesday, April 26, 1994 - 12:00 Noon.

Members present: Lien, Carpenter, Hanson.

1. Matter of request from the Red River Regional Planning
Council for funds to support a revolving loan fund.
John O'Leary distributed copies of communication from Red River Regional Council, Grafton, requesting funding from the Grand Forks Growth Fund for the development of an EDA-funded revolving loan fund; they are submitting proposal to Economic Development Assn. applying for a $450,000 EDA grant which requires local match of $150,000. He reported they are asking the City of Grand Forks for $75,000, with balance through local communities. It was noted that anyone within the Regional area would be eligible for this. Mr. O'Leary reported that he has not discussed this with the Mayor nor with Grafton but will do so. The committee felt this would be beneficial, would relieve City from getting aps. for funds from smaller communities. It was also noted that there would be emphasis on primary sector aps, but could include retail. It was moved by Carpenter and Hanson that we contribute $50,000 toward the Red River Region IV Revolving Loan Fund. Motion carried.

2. Matter of Bill Larson building.
Held in committee.

3. Matter of Lake Agassiz Regional Council microloan program.
Mr. O'Leary distributed copies of communications from the Lake Agassiz Regional Council re. their newly established Microloan Program and their request for commitment from the City of Grand Forks. He reported that Irvin Rustad from the Lake Agassiz Regional Council will be appearing before this committee at their next meeting. Info. only.

4. Matter of revised CBDG grant agreement.
Terry Hanson presented copies of revised contract form used by their office with sub-recipients, that the revised form includes more information and the CDBG regulations and requirements for sub-recipients. He stated they would like to use this form for this year's funding projects starting June 1. Moved by Carpenter and Hanson for approval of the revised contract format. Motion carried.

5.
Mr. O'Leary reported their office has received word they will be getting $89,000 in HUD monies for flood; received $130,000 earlier this year and those funds committed to Richard's West for storm sewer assessments for residential properties; that they will wait to see what limitations are on new funding and will be back to committee as to how those funds to be used. He stated that the State got block grant at same time we did $4 Million (flood monies), and they have received an additional $6.5 Million in new grant monies; that under last year's regs. City received

MINUTES/URBAN DEVELOPMENT COMMITTEE
April 26, 1994 - Page 2

$660,000 in funding from State which went into Richard's West project; and that with another $6 Million coming to State, they are looking for additional flood projects.

Mr. Lien stated that there are some things holding up removal of property from flood plain, one of which is that when the English Coulee diversion ditch fills, water backs up at the old bridge north of Bergley Toyota on English Coulee and bridge shouldn't have been left when they did drainage ditch. Mr. O'Leary stated that bridge will be replaced as part of the Richard West's project.

Mr. O'Leary presented matter of submitting application for EDA monies for Richard's West project, which will cost $4-5Million, that City will have almost 80% covered by federal grants; that this week invited to submit full application for EDA grant for $375,000; and asked for motion authorizing the mayor to sign necessary documents to pursue EDA grant application for $375,000, and Hanson and Carpenter so moved. Motion carried.

Meeting adjourned.

Alice Fontaine
City Clerk

Dated: 4/26/94.