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10-13-22-8.14 - Resolution - 10/13/2022RESOLUTION NO. 10-13-22-8.14 A RESOLUTION OF THE CITY OF COLLEGE STATION, TEXAS, APPROVING THE ACCEPTANCE OF COMMUNITY DEVELOPMENT BLOCK GRANT MITIGATION FUNDS FROM THE GENERAL LAND OFFICE THROUGH THE BRAZOS VALLEY COUNCIL OF GOVERNMENTS REGIONAL MITIGATION PROGRAM. WHEREAS, the Texas General Land Office (GLO) allocated $25,041,000 to the Brazos Valley Region as part of the Regional Mitigation Program; and WHEREAS, the Brazos Valley Council of Governments (BVCOG) has been tasked with developing the method by which the funds will be distributed, also known as a Method of Distribution (MOD), under the State of Texas Community Development Block Grant Mitigation Action Plan, as amended; and WHEREAS, the City of College Station, Texas, is included as a potential recipient of funding in the minimum amount of $500,000, pending approval by the BVCOG Board of Directors and final approval by the GLO; and WHEREAS, CDBG-MIT funds are required to reach a threshold tied to benefitting low- and moderate-income (LMI) persons and 100% of funds should be used for projects that benefit LMI persons in College Station; now, therefore: BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF COLLEGE STATION, TEXAS: PART 1: That the City Council hereby accepts the Community Development Block Grant Mitigation funds in the minimum amount of $500,000; PART 2: That the City Council hereby authorizes and designates the City Manager or his designee to sign all required applications, certifications, evaluations, and other forms required by GLO or BVCOG on behalf of the City of College Station. PART 3: That this resolution shall take effect immediately from and after its passage. ADOPTED this 13th day of October, 2022. ATTEST: APPROVED: City Secretary Mayor APPROVED: City Attorney