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HomeMy WebLinkAbout2017-0992-12/4/2017 Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo IA 50703 319 291-4323. RESOLUTION NO. 2017-992 RESOLUTION APPROVING SUPPORT OF THE PROPOSAL TO BIFURCATE BUDGET AUTHORITY FROM BILL'S COMMUNITY HOMES FOR TRANSFER TO EXCEPTIONAL PERSONS, INC. FOR THE PROPERTY LISTED AT 88 ELDENE COURT, EVANSDALE, IOWA. WHEREAS, the proposal to transfer the budget authority from the 11 units at 88 Eldene Court, Evansdale, IA from the HUD project known as Bill's Community Home to Exceptional Persons, Inc. has been presented to the Waterloo City Council, and WHEREAS, the Council understands the transfer will result in reactivation of HUD assistance to a minimum of 12 people of low-income and very low-income throughout the Waterloo, IA area. NOW, THEREFORE, be it resolved that the Waterloo City Council supports the proposal to bifurcate budget authority from Bill's Community Homes for transfer to Exceptional Persons, Inc. for the property listed above. PASSED AND ADOPTED this 4th day of December 2017. Quentin Hart, Mayor I ATTEST: I "�& Kelley Fel le City Clerk 1