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95-8262r 35 RESOLUTION NO. 8262 RESOLUTION AUTHORIZING APPROVAL OF A SPECIAL LAW AUTHORIZING THE RICHFIELD HOUSING AND REDEVELOPMENT AUTHORITY TO FORM NON-PROFIT HOUSING CORPORATIONS WHEREAS, the legislature passed a law providing that the Richfield Housing and Redevelopment Authority may form or consent to the formation of one or more corporations under Minnesota Statutes chapter 317A for the purpose of owning and operating housing developments financed with mortgages insured by the Federal Housing Administration of the United States Department of Housing and Urban Development, to be occupied by low-and moderate- income persons and families, Session Laws 1995, Chapter 264, Article 3, Section 42 ("Special Law"); and WHEREAS, pursuant to Minnesota Statutes Section 645.021, special laws are not effective without a resolution adopted by majority vote of all members of the governing body of the local government unit affected and by filing with the Secretary of State a certificate required by statute; and WHEREAS, Subdivision 5 of the Special Law specifically provides that the City Council of Richfield must approve the Special Law pursuant to Section 645.021, Subdivision 3 before the Law is effective; and WHEREAS, the City of Richfield deems the Special Law to be in and for the best interests of the residents of the City. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF RICHFIELD,MINNESOTA: 1. That the Special Law is approved. 2. That the City Clerk is authorized and directed to file immediately with the Secretary of State a certificate stating the essential facts necessary to validate approval, including a copy of the resolution of approval by the City Council. The form of this certificate shall be consistent with that prescribed by the Attorney General for this purpose Passed by the City Council of the City of Richfield, Minnesota this 1 at 1995. ATTEST: ~p~ Thomas P. Ferber, City Clerk