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18-65 Resolution No. 18-65 RESOLUTION APPROVING A GRANT RECIPIENT UNDER THE 2018 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 2018 one candidate 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 $28,000 is allocated for the following candidate under the 2018 Residential Grant Program: Property (Zoning) Owner Amount 321 E. Chicago Street Jose Aguirre/Aguirre Properties LLC $28,000 TOTAL $28,000 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 2018 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: June 27, 2018 Adopted: June 27, 2018 Omnibus Vote: Yeas: 9 Nays: 0 Attest: s/Kimberly Dewis Kimberly Dewis, City Clerk