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OOUNTY OF ANOKA <br />Office of the County Board of Commission.ers <br />CoURT'HOUSE ANOKA, MINNESOTA 55303 421-4760 <br /> March Ih, 1~°88 <br /> <br />HAR I 5 <br /> <br />MARGAR£T LANGF£LD <br /> <br />Mr. David Hartley, Administrator <br />City of P. amsey <br />I $153 Nowthen Boulevard N.W. <br />Anok , Minnesota 55303 <br /> <br />Re: Disposition of CDBG Funds Per "lB-Month RUle" <br /> <br />Dear Mr. Hartley: <br />The attached County Board Resolution tt85-23 establishing an 18-month period <br />for expenditure of CDBG funds, calls for "recapture option" on the part of the <br />Anoka County Board. That resolution states that if a community has not <br />expended CDBG funds within 18 months of availability for a project(s), the <br />County Board will consider withdrawing the budget authorization. <br />Because there have been several such "stalled" projects, the County Board sees <br />a need to develop a policy for disposition of recaptured funds. The County <br />Board believes that the best interests of all of the communities and the County <br />are served by having a well-defined procedure. The goal is to establish a <br />process which gives the best benefit to the community from which the funds are <br />recovered. <br /> Therefore, we are asking for your comments on the following steps being <br /> considered. <br /> The community with unexpended funds may seek to trade them with <br /> another community who has immediate need. <br /> <br /> c. The County can assist in matching communities. <br /> <br /> b. The trade may be equal or discounted, allowing for "bidding" on <br /> available funds when more than one community is interested (this <br /> option could be beneficial to smaller commnities without the CDBC <br /> resources for a full trade). <br /> <br />Office: I ~000 Highway 65, BJalne, MN 55434 - PHONE: 757-6909 <br />Affirmative Action / Equal Opportunity Employer <br /> <br />32- <br /> <br /> <br />