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16-119 Resolution No. 16-119 RESOLUTION APPROVING A GRANT RECIPIENT ELIGIBILITY LIST UNDER THE RESIDENTIAL CONVERSION GRANT PROGRAM WHEREAS, the Residential Conversion Grant Program has been established to provide financial assistance and incentives for property owners of lawful non-conforming multi-family dwellings to convert their properties into their original, conforming residential use; and WHEREAS, in 2016 two waiting list candidates have been selected by city staff to participate under the Residential Conversion Grant Program. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ELGIN, ILLINOIS, that the sum of $94,000 is allocated for the following waiting list candidates under the grant recipient eligibility list: Property (Zoning) Owner Amount 618 E. Chicago Street(RB) German and Luz Hernandez $28,000 55 S. Liberty Street(RC2) Charlotte Kathy Klink $66,000 TOTAL $94,000 BE IT FURTHER RESOLVED that the projects shall be in conformance with all applicable codes and ordinances. BE IT FURTHER RESOLVED that prior to receiving any grant funds recipients shall be required to enter into an agreement with the City of Elgin in a form as approved by the Corporation Counsel. BE IT FURTHER RESOLVED that for the remainder of 2016 city staff is hereby authorized to continue to advertise, solicit, review and award subsequent grants to eligible properties based on the approved priorities for selection. s/David J. Kaptain David J. Kaptain, Mayor Presented: September 14, 2016 Adopted: September 14, 2016 Omnibus Vote: Yeas: 9 Nays: 0 Attest: s/Kimberly Dewis Kimberly Dewis, City Clerk 41 .10 arifeRfAirrk e■ivA4d 4) ` -'.LA's ce o