Canon City Daily Record, PUBLIC NOTICE AND NOTICE OF PUBLIC HEARING FOR COMMUNITY DEVELOPMENT BLOCK GRANT BUSINESS LOAN FUNDS Chaffee County 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 FY 14 CDBG programs, it is estimated that $8,292,594 will be available statewide for distribution to units of general local government in the state's nonentitlement areas. For economic development projects, it is estimated that $ 2,647,938 will be available statewide for distribution for economic development to units of general local government in the state's nonentitlement areas. The application being considered would be a request for the Upper Arkansas Area Council of Governments-UAADC Business Loan Fund for $ 290,000 for small business loan funding. 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 10:00 AM on Tuesday January 13 2015 at the Chaffee County Courthouse-Commissioners Meeting Room 104 Crestone Ave. Salida Co. to obtain citizen views and to respond to proposals and questions related to: 1. The proposed CDBG application for the above-referenced economic development activities; specifically for a new CDBG contract in the amount of $290,000, with $250,000 allocated for direct business assistance and $40,000 for administration. The application is proposed for Chaffee County to act as the lead county for the 6 counties of the Region 13 Business Loan Fund acting through a Memorandum of Agreement with Chaffee County in providing business assistance to applicants in all of the six participating counties 2. The purpose of the hearing is also to allow citizens to review and comment on the performance of Chaffee County-Grantee with the Upper Arkansas Area Council of Governments-sub-grantee-UAADC Region 13 loan program in carrying out their small business loan fund program, which was financed with federal Community Development Block Grant (#09-087) funds provided by the State of Colorado. Comments regarding the close out of this 2009 CDBG grant for the Region 13 Business Loan Fund of UAADC will also be heard This grant was sponsored by Chaffee County acting as the Lead County for the six counties of Region 13, administered by the Upper Arkansas Area Council of Governments (UAADC) 3. The performance of Chaffee County in carrying out its community development responsibilities. Written or emailed comments are also welcome and must be received by January 14 2015 at Chaffee County Administration Office 104 Crestone Ave. Salida, Colorado. Oral, written or email comments will be considered in deciding whether to submit an application for the proposed project. Written summary information will be available at UAACOG-UAADC Administrator Office 28350 CR 317 Buena Vista Co and Chaffee County Administration Office 104 Crestone Ave. Salida Colorado on January 2 2015 until January 14 2015 on any CDBG application(s) Chaffee County intends to submit to the state. A copy of the application(s) as submitted to the state will be available for public review at UAACOG-UAADC Administrator Office 28350 CR 317 Buena Vista and Chaffee County Administration Office 104 Crestone Ave. Salida, Colorado after January 14 2015. Information and records regarding Chaffee County's proposed and past use of CDBG funds are available at Chaffee County Administration Office 104 Crestone Ave. Salida Co . during regular office hours. Advance notice is requested. If special accommodations are needed, please notify the Chaffee County so that the appropriate aids can be made available. Email comments to jeffolli@chaffee.net UAACOG-UAADC Administrator. Published in the Canon City Daily Record Jan. 7, 2015. #5637368
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