83-6843RRESOLUTION NO. 6843 ~-
RESOLUTION APPROVING A HOUSING PLAN
AND PROGRAPd UNDER MINNESOTA STATUTES,
CHAPTER 462C.
BE IT RESOLVED By the City Council of the. City of Richfield,
Hennepin County, Minnesota, (City) as follows;
1. Minnesota Statutes,. Chapter 4620 (Act) authorizes the
City to develop and administer programs of making or purchasing
mortgage loans to finance the acquisition and construction of single
family housing and multi-family housing within its boundaries for
occupancy primarily by persons of low and moderate income as defined
by the Act.
2. In accordance with the Act the City has prepared a Housing
Plan and Program (Plan) which has. been reviewed by the Housing and
Redevelopment Authority of the City (HRA) and such .advisory bodies of
the City as deemed advisable by this Council.
3. As permitted by the Ac t, the City has duly adopted an
ordinance (Ordinance) which authorizes. the HRA to exercise on `behalf
of the City, the powers granted by Sections 46X.01 to 46X.08 of
the Act. The Ordinance will become effective on December 16, 1983.
~- 4. A public hearing, properly noticed in accordance with the
Act was duly held before the City Council and the HRA on this date,
at which time all interested parties were given an opportunity to
express their views concerning the. Plan.
5. It is hereby determined to modify the Plan to exclude the
Lincoln Hills section of the program element. Hereafter, in this
Resolution the word Plan refers to the Plan as so modified.
6. This Council has investigated the facts underlying the Plan,
reviewed the contents of the .Plan, duly considered the comments of
persons at the public hearing and the opinions expressed by member
of the HRA concerning the Plan, and finds and determines:
1) That there is a need for affordable housing in the
City for persons of low and moderate income as
described in the Plan;
2) That many persons of low and moderate income are unable
to secure affordable housing because of high mortgage
interest rates and unavailability of mortgage financing;
3) That the goals and objectives of the Plan and the
methods outlined in the Plan will have the effect of
providing affordable housing to persons of low and
moderate income; and
_2_
4~ That the carrying out of the Plan will be in the ~- ~_
best interests of all of the citizens of the City,
carry out the City's housing goals, and fulfill the
policy and purl~pose of the Act.
7. The Plan is apps
8. The Mayor and Cit
of the City are authorized
appropriate state and regi
The City Manager is design
executing any and all docu
all necessary reviews and
authorized to solicit the
Incorporated, Minneapolis,
the review process.
9. It is recognized
Ordinance the responsibili
devolve upon the HRA. The
HkA pursue the prompt subm
it authorize and direct it
®ut the purpose of this re
Council that the continuit
process be unaffected by t
the Ordinance.
Manager and other appropriate officers
nd directed to transmit the Plan to the
al agencies for review and approval.
ed the municipal officer responsible for
nts necessary to expedite and complete
provals. The City Manager is also
ntinued assistance of Dan Bosworth,
:innesota, in processing the Plan through
at upon the effective date of the
for the implementation of the Plan will
ity Council respectfully requests the
sign of the Plan for review and that
Chairman and Executive Dir-ector to carry
lotion, it being the intent of this
of the Plan review and implementation
transition of authority contemplated by
Passed by the City Council 'of the C~ty~pf Ri
this 29th day of November,,1983. ' /// ;~
ATTEST Ds ~,
..
Sy a B-erg , i' y Cle
, Minnesota,
yor
69
EXTRACT OF MINUTES QF i~ETI~iG
OF THE CIT`.' COUNCIL OF THE CITY
OF RICHFIELD, HENNEPIN COUNTY, MI'NESOTA
Pursuant to due call and notice thereof a regular meeting of the
City Council of the City of Richfield, Hennepin County, Minnesota, was
held at the City Hall in said City on Monday, ~'ovenber 7..9, 1983, com-
mencing at 7:00 o'clock P.M. .
The following members were present:
Hassenstab, Kirsch, I~udeman, Hamilton
and the following were absent:
Bunce, Priebe
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