08-10127rRESOLUTION NO. 10127
RESOLUTION AFFIRMING AND RATIFYING CITY STAFF SUBMITTAL OF AN
APPLICATION TO THE MINNESOTA HOUSING FINANCE AGENCY FOR A
COMMUINITY REVITALIZATION FUND GRANT FOR THE "NEW HOME PROGRAM"
WHEREAS, the City of Richfield (the "City") is a city located within Hennepin
County and is therefore eligible to access Minnesota Housing Finance Agency (MHFA) for
Community Revitalization Fund (CRV) funds; and,
WHEREAS, the City has the institutional, managerial and financial capability to
ensure adequate project administration; and,
WHEREAS, the City certifies that it will comply with all applicable laws and
regulations as stated in the contract agreements; and,
NOW, THEREFORE BE IT RESOLVED that the City Council affirms and ratifies the
submittal of an application to the MHFA on behalf of the City of Richfield and authorizes
the Mayor and City Manager to execute such agreements as are necessary to implement
the project on behalf of the applicant.
Adopted by the City Council of the City of Richfield, Minnesota on this 12th day of
August, 2008.
ebbie Goettel, Mayor
ATTEST:
Nancy Gibb City Clerk