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- 1 - City of Missoula, Montana Item to be Referred to City Council Committee Committee: Administration and Finance Committee Item: FFY 10 HOME contract with homeWORD Date: April 30, 2010 Prepared by: Nancy Harte, Grants Administrator, OPG Initiated by: Nancy Harte, Grants Administrator, OPG Action Required: Approve Home Investment Partnerships program (HOME) Contract Number H-10-02 with HomeWORD in the amount of $315,000.00 for acquisition and construction of the Solstice project as authorized in City Council per Resolution Number 7502, as amended by Resolution Number _____.—Regular Agenda (Nancy Harte) (Referred to committee: 05/03/2010) Recommended Motions: I move the Missoula City Council approve and authorize the Mayor to sign the Home Investment Partnerships program (HOME) contract (Contract Number H-10-02) with HomeWORD in the amount of $315,000 for acquisition and construction of the Solstice project as authorized in City Council Resolution Number 7502, as amended by Resolution Number Timeline: Referral to committee: May 3, 2010 Committee discussion: TBD Deadline: May 27, 2010 Background and Alternatives Explored: City Council approved a HOME award to homeWORD to provide for acquisition and construction of the Solstice project, located at the former Liberty Lanes site. Financial Implications: This award is funded from the annual allocation from the Department of Housing and Urban Development for entitlement cities. Awards are funded solely by federal pass- through funds. Attachments: Resolution Number 7502 Draft Resolution Number HOME Contract Number H10-02