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8.3 Set CDBG PH CITY OF SALINA REQUEST FOR COMMISSION ACTION DATE TIME 9/18/89 7:00 P.M. iAGENDA SECTION: ORIGINATING DEPARTMENT: APPROVED FOR NO. 8 COMMUNITY DEVELOPMENT AGENDA: ITEM Planning Division NO. 3- By: R°Y Dudark/~ By: ~ Item The Planning staff has been contacted by a local business that has expressed interest in working with the City to prepare a CDBG Economic Development loan application to the state. According to Kansas Department of Commerce (KDOC) guidelines, governing bodies must first hold a preliminary public hearing to receive proposals from businesses interested in applying for financial assistance under the business financing program. The deadline for the third round of loan applications is October 31. Staff has requested that interested businesses submit a formal letter of intent to the City Commission. Recommended Action Schedule a public hearing of 4:00 p.m. on September 25, 1989, to receive proposals from any interested business. Upon closure of the public hearing, the city Commission may direct staff to proceed with an application in cooperation and on behalf of a particular local business. Encl: Schedule for Round III of Applications COMMISSION ACTION MOTION BY SECOND BY TO: CDBG - ECONOMIC DEVELOPMENT (Round III) Date Event September 14 Journal Deadline September 19 Notice of 1st Hearing Published September 25 1st Public Hearing October 11 Journal Deadline October 16 Notice of 2nd Hearing Published October 20 Application Finalized October 23 Pre-application Deadline October 23 2nd Public Hearing October 31 Application Deadline December I Award Announcement December 13 Grantee Workshop