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17-135 Resolution No. 17-135 RESOLUTION APPROVING A GRANT RECIPIENT ELIGIBILITY LIST UNDER THE RESIDENTIAL 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 2017 two 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$50,000 is allocated for the following candidates under the grant recipient eligibility list: Property (Zoning) Owner Amount 272 N. Porter Street (RC3) Serafin Rodriguez, Jr. $25,000 126 Hill Avenue (RC3) Aixin (Sophia) Li $25,000 TOTAL $50,000 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 2017 city staff is hereby authorized to continue to advertise, solicit, review and award subsequent grants to eligible properties based on the approval priorities for selection. s/David J. Kaptain David J. Kaptain, Mayor Presented: October 25, 2017 Adopted: October 25, 2017 Omnibus Vote: Yeas: 9 Nays: 0 Attest: s/Kimberly Dewis Kimberly Dewis, City Clerk