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1987-29960 HRA Resolution No. 299 Authorization To Execute Agreement Between ' HRA and Fraser WHEREAS, the Housing and Redevelopment Authority in and for the City of Richfield (HRA) assist in the development of housing on scattered sites, and • WHEREAS, the HRA has secured $100,000 to assist in the development of housing at 2500 and 2516 W. 66th Street, and WHEREAS, Louise Whitbeck Fraser Independent Living Project, Inc., also known as Louise Whitbeck Fraser Community Services, Inc. (Fraser) has developed a project that will benefit from the HRA assistance, and WHEREAS, legal counsel has prepared an agreement so that the HRA may contribute the $100,000 to the appraisal, relocation, and acquisition activities related to the Fraser project. WHEREAS, a housing opportunity for Iow and moderate income persons will occur by this agreement provided-all 11. S. Representative of Housing and Urban Developments, Hennepin County, and city approvals are also secured. NOW, THEREFORE, BE IT RESOLVED by the Housing and Redevelopment Authority in and for the City of Richfield: The Chairperson and Executive Director are authorized to • execute the "Housing Project Agreement" with Louise Whitbeck Fraser Independent Living Project, Inc., and other documents that may be required to facilitate acquisition. PASSED by the Housing and Redevelopment Authority in and for the City of Richfield this 20th d of April, 198 . . ~~ 2~~- T mas E. Harms, Chairperson ATTEST: ~~ an Helmberger, S cretary