1980-14118
HRA RESOLUTION NO. 141
APPROVING COMMUNITY DEVELOPMENT
BLOCK GRANT BONUS GRANT PROPOSAL
WHEREAS, the Metropolitan Council and the United States
Department of Housing and Urban Development have Community Develop-
ment Block Grant Bonus Funds available, and;
WHEREAS, these funds are to be utilized to provide housing
assistance to low and moderate income families, and;
._ WHEREAS, the City has a need to provide additional housing
opportunities for low and moderate income families, and;
WHEREAS, there are, within the city, certain substandard
properties in need of redevelopment, and;
WHEREAS, these monies if obtained by Richfield would be
utilized to provide the needed housing opportunities by acquiring
substandard property to build new housing units, and;
WHEREAS, the application for funds must be submitted on
or before June 9, 1980, and;
I
WHEREAS, proposals from developers must be solicited in a
timely manner;
NOW, THEREFORE, BE IT RESOLVED by the Housing and Redevelop-
ment Authority of Richfield, Minnesota:
1. That authorization to make applications for Community
Development Block Grant Bonus Funds is approved.
2. The Executive Director is authorized and directed to
request the City Council to authorize the submission of
an application at their meeting on May 27, 1980, to
permit submission prior to June 9, 1980.
3. The Executive Director is authorized and directed to
seek proposals from developers if the City Council
authorizes and approves the making of the application.
Passed by the Housing and Redevel pment Authority of Richfield
this 20th day of May, 1980.
~i
` T m E. Harms, Chairman
• ATTEST:
Vern uet in r, ecre ary