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08-1038rHRA RESOLUTION NO. 1038 RESOLUTION ACCEPTING URBAN LAND INSTITUTE HOUSING INITIATIVE GRANT AND AUTHORIZING MATCHING FUNDING WHEREAS, the Urban Land Institute, in conjunction with the Regional Council of Mayors have created a Housing Initiative Grant Program to identify and implement best practices in housing programs throughout the region; and WHEREAS, the Urban Land Institute has selected the City of Richfield to participate in the Opportunity City Pilot Housing Initiative Grant Program to identify and implement tools and strategies to support a full range of housing choices; .and WHEREAS, the HRA desires to participate in the Urban Land Institute's Housing Initiative Grant Program; and, WHEREAS, the Housing Initiative Grant Program requires matching funds in the amount of $5,000 from the HRA. NOW, THEREFORE BE IT RESOLVED that the HRA accepts the Urban Land Institute Housing Initiative Grant, approves matching funds in the amount of $5,000, and authorizes the HRA Chair and its Executive Director to execute such agreements as are necessary to implement the project. . Adopted by the Housing and Redevelopment Authority of the City of Richfield, Minnesota on this 18th day of August, 2008. --~ ate--/~ ~~~~~'~ S ne M. Sandahl, Chair ATTEST: J n Helmberger, Secretary