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Home My WebLink About20022989.tiff HEARING CERTIFICATION DOCKET NO. 2002-83 RE: COMMUNITY DEVELOPMENT BLOCK GRANT APPLICATION FOR THE WELD LARIMER REVOLVING LOAN FUND FOR SMALL BUSINESS ASSISTANCE TO COMPANIES LOCATED IN NON-ENTITLEMENT AREAS OF WELD AND LARIMER COUNTIES A public hearing was conducted on November 13, 2002, at 10:00 a.m., with the following present: Commissioner Glenn Vaad, Chair Commissioner David D. Long, Pro-Tem Commissioner M. J. Geile Commissioner William H. Jerke - EXCUSED Commissioner Robert D. Masden Also present: Acting Clerk to the Board, Esther Gesick County Attorney, Bruce Barker Director of Finance and Administration, Donald D. Warden • The following business was transacted: I hereby certify that pursuant to a notice dated October 25, 2002, and duly published October 30, 2002, in the Tri-Town Farmer and Miner, a public hearing was conducted to consider a Community Development Block Grant application for the Weld Larimer Revolving Loan Fund for small business assistance to companies located in non-entitlement areas of Weld and Larimer Counties. Mr. Warden stated this allows for public input regarding any concerns, proposed modifications, and a follow-up review. Mr. Warden stated they have submitted an application, in the amount of $802,500, for the Weld County Revolving Loan Fund. He stated the funds will be used for small business assistance to companies in the non-entitlement areas of Weld and Larimer Counties. He further stated this program has been in place for a number of years, and as the loans are repaid, the funds are recycled without a lot of conditions that are common with standard loans. He stated there does have to be a benefit of 51 percent for low to moderate income persons, specifically those employed by the businesses receiving the loans. Mr.Warden stated no written comment has been received. In response to R. Chris Eikenberg, county resident, Mr. Warden stated these funds are used to provide gap funding primarily for start-up or small business expansions Weld and Larimer Counties. He stated these loans are granted as last resort funding, there are restrictions on how the repaid loan money is redistributed, and there is a committee,separate from the Board of Commissioners, consisting of various independent individuals which provides adequate checks and balances. Commissioner Masden moved to approve said application. Commissioner Geile seconded the motion,which carried unanimously. There being no further discussion,the hearing was completed at 9:40 a.m. 2002-2989 F10033 0 Pt HEARING CERTIFICATION - CDBG APPLICATION - WELD LARIMER REVOLVING LOAN FUND FOR SMALL BUSINESS ASSISTANCE TO COMPANIES LOCATED IN NON- ENTITLEMENT AREAS OF WELD AND LARIMER COUNTIES PAGE 2 This Certification was approved on the 18th day of November 2002. APPROVED: BOARD OF COUNTY COMMISSIONERS WELD OUNTY, CQLORADO ATTEST: atetil ' ` " GI atd, q air Weld County Clerk to t o cJu , David E. ng, Pro-Tem BY: . .I3 i• Deputy Clerk to the B:=�..� �� '/� e• /M. J(Oeile TAPE #2002-37 EXCUSED lim a H. Je ke jflnn pt�l�DOCKET#2002-83 V,.Q , RoberCD Mayen 2002-2989 FI0033 PUBLIC NOTICE AND NOTICE OF PUBLIC HEARING FOR COMMUNITY DEVELOPMENT BLOCK GRANT BUSINESS REVOLVING LOAN FUNDS Docket#2002-83 The County of Weld plans to submit a Community Development Block Grant (CDBG) application to the State of Colorado, Department of Local Affairs, c/o the Office of Economic Development and International Trade. CDBG funds are intended to provide decent housing, suitable living environments and economic opportunities, principally for low and moderate income persons through rehabilitation and preservation, economic development (generally job creation/retention) and public facilities improvements. In regards to all CDBG programs, it is estimated that $11,067,000 (less 3% plus $100,000 for state administrative costs and technical assistance)will be available statewide for distribution to units of general local government in the state as non- entitlement areas. For economic development projects, it is estimated that $3,544,996 will be available statewide for distribution to units of general local government in the state as non- entitlement areas. The application being considered would request $802,500 for the Weld Larimer Revolving Loan Fund for small business assistance to companies located in non-entitlement areas of Weld and Larimer Counties. It is estimated that approximately 51% of the funds would benefit low and moderate income persons. Permanent involuntary displacement of neighborhood persons or businesses is not anticipated. Should it later become necessary to consider such displacement, alternatives will be examined to minimize the displacement. If no feasible alternatives exist, required/reasonable benefits will be provided to those displaced to mitigate adverse effects and hardships. Any low and moderate income housing which is demolished or converted will be replaced. A public hearing will be held at 9:00 a.m. on Wednesday, November 13, 2002, in the first floor hearing room, at 915 10th Street, Greeley, Colorado, to obtain citizen views and to respond to proposals and questions related to: • The proposed CDBG application for the above-referenced project. • Community development and housing needs, including the needs of low and moderate income persons, as well as other needs in the community that might be addressed through the CDBG program. • The performance of the County of Weld in carrying out its community development responsibilities. Written comments are also welcome and must be received by 9:00 a.m. on November 13, 2002, at 915 10th Street, Greeley, Colorado 80631. Oral and written comments will be considered in deciding whether to submit an application for the proposed project. Written summary information will be available in the Office of the Clerk to the Board, Third Floor, 915 10th Street, Greeley, Colorado on October 25, 2002, until November 13, 2002, on any CDBG application(s)the County intends to submit to the State. A copy of the application(s) as submitted to the State will be available for public review in the Office of the Clerk to the Board, Third Floor, 915 10th Street, Greeley, Colorado, after November 13, 2002. Information and records regarding the County's proposed and past use of CDBG funds are available at the Office of the Clerk to the Board, Third Floor, 915 10th Street, Greeley, Colorado, during regular office hours. Advance notice is requested. If special accommodations are needed, please notify so that appropriate aids can be made available. WELD COUNTY, COLORADO BOARD OF COUNTY COMMISSIONERS Dated: October 25, 2002 Published: October 30, 2002, in the Tri-Town Farmer and Miner Affidavit of Publication STATE OF COLORADO County of Weld SS. ROUCNOICE AND required/reasonable I A. Winkler Riesel of said County of Weld being NOTICE OFNBYIC INABNG benelthwu be provided to duly sworn,say that I am publisher of t COMPAUNTIY xnm displaced to rnngode DEVELOPMENT KLOCK adverse effects and GRANT hardships. Any low and FARMER Sr MINER BUSINESS REVOLVING LOAN moderate income housing that the same is a weekly newspaper of general FUNDS which Is demolished or circulation was printed and published in the town of Docket!21102,.0 converted will be repaced. The County of Weld plans to A public hearing will be held FREDERICK submit a Community at 9:00 a.m.on Wednesday. in said county and state that the notice of advertisement,of Development Block Grant November 13, 2ruL In the which the annexed is a true copy has been published in said (CDBG)oPPllcaCol to the first floor hearing room, at State of Colorado, 915 IOth Street. Greeley, weekly newspaper for ONE consecutive weeks: that the Department of Local Affairs Colorado,to obtain citizen notice was published in the regular and entire issue of every c/o me Office of Economic views and to respond to number of said newspaper during the period and time of Development and proposals and questions publication of said notice and in the newspaper proper and not International Trade. CDOG related to: in a supplement thereof: that the first publication of said funds are intended to notice was contained in the issue of said newspaper bearing provide decent housing, •The proposed CDBG the date of OCTOBER 30th 2002,and the last suitable living environments application for the above- and economic referenced protect. publication thereof,in the issue of said newspaper,bearing opportunities principally for 'Community date,the day 30th OCTOBER.2002 that the said low ono nWerote income development persons through and housing needy rehabilitation and Including the needs of law FARMER &MINER Preservation, economic and moderate Income development(generclEY/013 persons, as well as other has been published continuously and uninterruptedly creation/retention) and needsintheca munitythat during the period of at least fifty-two consecutive public facilities mlghtbeoddressedttyough weeks next prior to the first issue thereof containing improvements.In regards to the CDBG program. said notice or advertisement above referred to: and all CDBG programs. it Is "The performance of the that said newspaper was at the time of each of the estimated that S11,067,030 County of weld in Carrying aessnpublications of said notice duly qualified for that adminiprative OOpforstofe out t cores administrative costs and purpose within the meaning of an act entitled. "An technical assistance)will be Act Concerning Legal Notices, Advertisements and available statewide for Written cwt„nuns ae olio Publications and the Fees of Printers and Publishers dsMbunontounitsofgeneral welcome and must be thereof, and to Repeal all Acts and Parts of Acts in accigovemmenhnmestote received by 9:W am. on Conflict with the Provisions of this Act" approved osnon-entinementarens.For November 13,2002,at 915 economic development 10th Street, Greeley. April 7, 1921, and all amendments thereof, and projects,it is estimated thaty' articular) as amended by an act approved, Marchwrtt ntic comments Ord and particularly pP will be button to onsid in will be 30, 1923,and an act approved May 13, 1931. uits statewide f tor nerrbution to considered m deciding units of general local whether to submit an government in the state as oppycotionfortheproposed b :�p / non-entitlement areas. project Written summary `.e/ :.'/ l � the application being k�"nulim t vAll be available / 15 �- Ik ` rut .) t+l�shgc J _•S considered would request b the mod. of the Cleric to $802.500forfheWelLanmer ♦10t ward. Third Floor, ey. Revdving Loan Fund forsmall 10th Street,October Gre 25, Subscribed and sworn to before me this 30th business assistance to Colorado on vm 13. companies located in non- 2W2, until on November G 3. day of OCTOBER, A.D. 2002 2002, to any cone and entitlement areas Weld atendst an(a) the County entl Latimer Counties. It is Ateo yatt earnithe5lals) ////''�� ^ estimated that AcapyameatheStaiewill b�� Jo , ' L � moderateapproxim income of the avy pnylthe Office of the -NL - IIIIIIJJJy///JJJ funds would benefit low and be for public moderate t persons. review availablein the Office of the _ Permanent involuntary Cleklothe Board,ThirdFlnr. Notary Public displacement of 915 10th Street. Greeley. neighborhood persons or Colorado. after November businessesrsnorantcipatea. 13.nut Should it later become P.O.BOX 125 necessary to consider such Information and records displacement, alternatives regarding the County's will beexominediom,nimize proposed and past use of the displacement if no CDBG fundsareavalableat FT.LUPT 621 feasible adernauves exist the Office of the Clerk to the ("�RY Po Board,Third Floc,915 10th . �F••,.....•,ti•/9(.• Street. Greeley. Colorado. . officeAdvance notice is i requested. If special i !OBrI,JO j accommodations are i BONDneeded,please ncfysothot i I V in appropriate aids con be N; made available. •/ice � % :'•.... •'/lC� OLORANDrvO ;. r. C i)-' BOARD OF COMP/ " ''1512.1,-5-. -C.'-•-•".1"..>" COMMISSIONERS Doted: October25 2002 1. ..." ::. _.. PubishedintheFarmerMiner October 30,2002. / Hello