Loading...
03-9311r I I I 133 RESOLUTION NO. 9311 RESOLUTION APPROVING A COOPERATION AGREEMENT WITH THE METROPOLITAN COUNCIL FOR THE ACQUISITION AND OPERATION OF RESIDENTIAL PROPERTIES IN CONJUNCTION WITH THE METROPOLITAN COUNCIL'S FAMIL V AFFORDABLE HOUSING PROGRAM AND AUTHORIZING THE MA VOR AND CITY MANAGER TO EXECUTE THE COOPERATION AGREEMENT ON BEHALF OF THE CITY WHEREAS, the Metropolitan Council is authorized by Minnesota Statutes section 473.195 to exercise the functions, rights, duties, privileges, immunities and limitations as are provided for housing and redey~lopment authorities created for municipalities; and WHEREAS, in conjunction with the implementation of its Family Affordable Housing Program ("FAHP") the Metropolitan Council proposes to acquire and administer residential properties ("FAHP Units") within the boundaries of the City, up to thirty percent of which units will be made available to eligible residents of the City; and WHEREAS, Minnesota Statutes section 473.195, subdivision 1 requires the Metropolitan Council to obtain the approval of the governing body of the City before the Metropolitan Council may implement its proposed housing initiative within the boundaries of the City; and WHEREAS, federal law requires the Metropolitan Council to enter into a Cooperation Agreement with the city in connection with the proposed acquisition and operation of the FAHP Units. NOW, THEREFORE, BE IT RESOLVED by the City Council that pursuant to Minnesota Statutes section 473,195 the City Council gives its prior approval to the Metropolitan Council's proposal to acquire and administer up to ten (10) FAHP Units within the boundaries of the City; and BE IT FURTHER RESOLVED by the City Council that the Mayor and the City Manager are authorized to execute the Cooperation Agreement on behalf of the City. Adopted by the City Council of the City of Richfield, Minnesota this 25th day of February, 2003. ATTEST: ~J~~ Nancy Gibb~ City Clerk