09-1048rHRA RESOLUTION NO. 1048
RESOLUTION AUTHORIZING THE ACCEPTANCE OF FUNDS FOR THE
NEIGHBORHOOD STABILIZATION PROGRAM ("NSP") AND AUTHORIZING
EXECUTION OF SUBRECIPIENT AGREEMENT WITH HENNEPIN COUNTY
WHEREAS, the City of Richfield Housing and Redevelopment Authority ("HRA"),
Richfield, Minnesota, through execution of a Subrecipient Agreement with Hennepin
County, is participating in the Hennepin County Neighborhood Stabilization Program; and
WHEREAS, the HRA has been awarded NSP funds in the amount of $1,041,541to
assist in addressing issues associated with foreclosed and vacant residential properties in
the City of Richfield; and
WHEREAS, the HRA has the institutional, managerial and financial capability to
ensure adequate project administration; and
WHEREAS, the HRA 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 HRA accepts the NSP grant funds
and authorizes the HRA Chair and City Manager to execute such agreements as are
necessary to implement the program.
Adopted by the Richfield Housing and Redevelopment Authority of the City of
Richfield, Minnesota this 18th day of May, 2009.
ATTEST:
J n Helmbe ger, Secretary
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Suz M. Sandahl, Chair