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1988-33395 HRA RESOLUTION N0. 333 RESOLUTION AUTHORIZING EXECUTION OF AN ANNUAL CONTRIBUTION CONTRACT WITH THE U. S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT NHEREAS, on February 24, 1975, the City of Richfield adopted resolution No. 5323 authorizing the Metropolitan Council (Metro HRA to apply for federal funds to implement a program of rental assistance for low income families and the elderly in Richfield; and NHEREAS, on June 27, 1988, the City of Richfield adopted resolution No. 7425 rescinding resolution No. 5323 effective in 90 days and endorsed development by the Richfield HRA (HRA) of a rental assistance program independent from Metro HRA; and NHEREAS, on September 12, 1988, the U. S. Department of Housing and Urban Development (HUD) notified the HRA that an allocation of rental assistance was being made available to Richfield; and NHEREAS, the HUD allocation will provide $280,415 annually for five years and will assist approximately 53 households; and NHEREAS, prior to implementation of the independent rental assistance program in Richfield, it is necessary for the HRA and HUD to execute an Annual Contribution Contract outlining the obligations of the parties with regard to the program; and NHEREAS, the Annual Contribution Contract has been presented to the HRA by HUD and has been reviewed by the HRA staff and legal counsel; and NHEREAS, the HRA must also submit other documentation to HUD to meet HUO rental assistance program requirements. NON, THEREFORE, BE IT RESOLVED by the Housing and Redevelopment Authority in and for the City of Richfield, Minnesota as follows: 1. The executive director and chairman (or the vice chair, in the absence of the chairman) of the HRA are hereby authorized to execute the Annual Contribution Contract and supporting documents with HUD on behalf of the HRA. 2. The HRA staff is authorized to prepare the additional documentation required by HUD for participation in the rental assistance program and to submit such documentation along with the executed Annual Contribution Contract to HUD. 3. The HRA staff is authorized and directed to take any additional actions reasonably necessary to allow operation of an independent rental assistance program by the HRA. Passed this 27 th day of September, 1988, by the Housing and Redevelopment Authority in and for the City of ichfield, Minnesota. ~~ ~~~~ J s ., Pross Executive Director ., Vern Luettln~er l1 yice. Chairman ATTEST: J n Helmberger, Secre ary n ~~