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? . .: CITY OF NORTH OLMSTED RESOLUTION NO. 2007 - 111 By: Mayor O'Grady A RESOL UTION A UTHORIZING AND DIRECTING THE DIRECTOR OF PLANNING TO MAKE APPLICATION ON BEHALF OF THE CITY OF NORTH OLMSTED FOR COMMUNITY DEVELOPMENT BLOCK GRANT (CDBG) FUNDS FOR THE FISCAL YEAR 2008 FOR A PROJECT TO RECONSTRUCT TWO SEGMENTS OF KENNEDY RIDGE ROAD; FURTHER AUTHORIZING THE USE OF CITY FUNDS AS THE LOCAL MATCH; FURTHER A UTHORIZING THE MAYOR TO ACCEPT THE GRANT IF AWARDED IN THE MAXIMUM AMOUNT; AND DECLARING AN EMERGENCY. WHEREAS, this Council created, through the adoption of Resolution No. 2006-66, a Citizens Advisory Committee (CAC), in part, for the purpose of reviewing and recommending applications for Community Development Block Grants (CDBG) during fiscal years 2007-2009; and WHEREAS, this Council, after a public hearing was conducted, has determined that the City of North Olmsted qualifies for CDBG funds; and WHEREAS, the Citizens Advisory Committee has submitted a report to this Council recoinmending the above entitled project, which involves reconstructing two segments of Kennedy Ridge Road, one immediately east and the other immediately west of the I-480 Great Northern Boulevard Interchange, together totaling approximately 3,854 linear feet, and at a total engineering estimated cost for construction of approximately Two Hundred Thirty-Seven Thousand Five Hundred Dollars ($237,500.00), plus additional funding as yet undetermined for project administration; and WHEREAS, the City has determined that the project to reconstruct Kennedy Ridge Road, is eligible for funding through the Community Development Block Grant Competitive Municipal Grant Program funded by the United States Department of Housing and Urban Development and administered for the City of North Olmsted by the Cuyahoga County Board of Commissioners; and WHEREAS, said project includes applying for up to t:he maximum award of a tier two CDBG municipal grant in the amount of One Hundred Thousand Dollars ($100,000.00) for such oroj ect; and WHEREAS, it is accordingly the desire of this Council to authorize the Director of Planning to make application for said CDBG partial funding for said project, to authorize the use of matching funds in the approximate amount of One Hundred Thirty-Seven Thousand Five Hundred Dollars ($137,500.00) for construction costs and an additional presently undetermined amount for project administration costs, and to authorize the Mayor to accept the CDBG grant if awarded in the said maximum amount; NOW, THEREFORE, BE IT RESOL VED BY THE COUNCIL OF THE CITY OF NORTH OLMSTED, COUNTY OF CUYAHOGA, AND ST.ATE OF OHIO: