Title
A RESOLUTION AUTHORIZING THE CITY MANAGER TO ACCEPT GRANT FUNDING FROM THE SUMMIT COUNTY LAND REUTILIZATION CORPORATION FOR RE-USE OF THE SITE OF THE CURRENT HUDSON CITY SCHOOL BUS GARAGE, HUDSON PUBLIC POWER FACILITIES AND CITY OF HUDSON SALT DOME.
Executive Summary: The Summit County Land Reutilization Corporation will support neighborhood and community reinvestment and economic development efforts through the strategic acquisition, reclamation, rehabilitation and reutilization of property in Summit County to revitalize neighborhoods and communities, stabilize property values, reduce blight, return property to productive use, and improve the quality of life in our community.
Body
Legislative History
Resolution No. 15-93 was passed on June 16, 2015 authorizing the City Manager to apply for grant funding.
Purpose & Explanation
Costs are currently being accumulated for the relocation of the Hudson City Schools bus garage, the Hudson Public Power facilities and the City of Hudson salt dome and the remediation necessary to repurpose the land for the Downtown Phase II Development Project.
The Summit County Land Bank awarded the City of Hudson a $50,000 matching grant towards these costs, with funds to be reimbursed upon submission of $100,000 in expenses paid.
Timing Considerations
The City can request reimbursement through September 2016.
Fiscal Impact
X Currently Budgeted
__ Supplemental Appropriation Required
__ Appropriation Not Required.
Recommendation
Suggested Action
Staff recommends that City Council authorize the City Manager to accept funding from the Summit County Land Bank Community Development Matching Grant.
Submitted by,
Jane Howington, City Manager
Frank Comeriato, Asst. City Manager - Operations
Rhonda Kadish, Grants Coordinator