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City of Missoula, Montana Item to be Referred to City Council Committee Committee: Administration and Finance Item: FFY 2009 CDBG Contract Date: December 16, 2009 Prepared by: Mike Barton, OPG Initiated by: Mike Barton, OPG Action Required: Approve Community Development Block Grant (CDBG) Loan Agreement 09-10 with Partnership Health Center in the amount of $275,000 for the purchase of the Creamery Building at 401 West Railroad Street, as authorized in Resolution Number 7400: Recommended Motion: The committee recommends that the Missoula City Council approve and authorize the Mayor to sign the Community Development Block Grant (CDBG) loan agreement with Partnership Health Center in the amount of $275,000 (Loan Agreement Number 09-10) for the purchase of the Creamery Building at 401 West Railroad Street; as authorized in City Council Resolution Number 7400. Timeline: Referral to committee: December 16, 2009 Committee discussion: January 6, 2010 Deadline: Need Mayor’s signature by January 15, 2010 Financial Implications: This award represents a portion of the annual CDBG allocation from the Department of Housing and Urban Development for entitlement cities. Attachments: Resolution Number 7400 Contract Number 09-10