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File #: 26475    Version: 1 Name: Authorizing the allocation of $154,600 of additional CDBG funds to support the development of the FEED Kitchen Incubator project on Madison’s Northside; and authorizing the Mayor and the City Clerk to execute an amended FEED Kitchen Incubator contract wit
Type: Resolution Status: Passed
File created: 5/23/2012 In control: BOARD OF ESTIMATES (ended 4/2017)
On agenda: 7/3/2012 Final action: 7/3/2012
Enactment date: 7/5/2012 Enactment #: RES-12-00487
Title: Authorizing the allocation of $154,600 of additional CDBG funds to support the development of the FEED Kitchen Incubator project on Madison’s Northside; and authorizing the Mayor and the City Clerk to execute an amended FEED Kitchen Incubator contract with the Northside Planning Council.
Sponsors: Tim Bruer, Lauren Cnare, Matthew J. Phair
Attachments: 1. FEED Reserve Fund 062012 app.pdf, 2. Feed Res Fund Staff Review.pdf, 3. Northport Warner Sherman Plan Res 15282.pdf, 4. Northside CDBG & Metro Transit Cap Budget Res 20431.pdf, 5. 2011 CDD Budget Res 20654.pdf, 6. Feed Kitchen Incubator NPC additional CDBG Funds 23752.pdf
Fiscal Note
Sufficient Federal CDBG funds of $154,600 are available for this project within the Community Development Division's Economic Development Reserve Fund, which was authorized as part of the Division's 2012 Adopted Operating Budget.  The Council previously approved $345,400 in CDBG funds for the project.  The use of CDBG funds will have no impact on the levy.  
Title
Authorizing the allocation of $154,600 of additional CDBG funds to support the development of the FEED Kitchen Incubator project on Madison's Northside; and authorizing the Mayor and the City Clerk to execute an amended FEED Kitchen Incubator contract with the Northside Planning Council.
Body
Previously the CDBG Committee has recommended, and the Common Council has authorized $345,400 in CDBG funding to support the Northside Planning Council's FEED Kitchen Incubator Project; and
 
At the June 7, 2012 meeting, the CDBG Committee approved a recommendation to the Common Council to authorize an additional $154,600 of CDBG funds to facilitate construction start in the fall of 2012 for the project, and
 
The Common Council previously adopted the Northport-Warner-Sherman Neighborhood Plan in November, 2009, in which the Neighborhood Steering Committee recommended the FEED Kitchen Incubator project as one of two priority projects for implementation and funding support from CDBG neighborhood funds.
 
WHEREAS, the Northside Planning Council's FEED Kitchen Incubator project was identified as a high priority as part of the Northport-Warner Park-Sherman Neighborhood Plan; and
 
WHEREAS, the CDBG staff and CDBG Committee have reviewed the proposal and find that the FEED Kitchen Incubator project furthers the goals expressed in the 2010-2014 Five-Year Community and Neighborhood Development Plan and the 2012 Community Action Plan; and
 
WHEREAS, the Housing and Community Development Act of 1974, permits the City of Madison to assist community agencies in the development of innovative projects which benefit low and moderate income people.  
 
NOW, THEREFORE, BE IT RESOLVED, that the Common Council approves the provision of an additional $154,600 in CDBG funds in the form of a secured, deferred loan for the Northside Planning Council's FEED Kitchen Incubator Project.
 
BE IT FURTHER RESOLVED, that the Common Council authroizes the Mayor and the City Clerk to execute an amended contract with the Northside Planning Council for the FEED Kitchen Incubator Project.