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1989-348110 HRA RESOLUTION N0. 348 RESOLUTION AUTHORIZING EXECUTION OF AN ANNUAL CONTRIBUTION CONTRACT WITH THE U. S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT WHEREAS, on March 29, 1989, 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 WHEREAS, the HUD allocation will provide $620,799 annually for five years and will assist approximately 123 households; and WHEREAS, to secure the allocation, in furtherance of an 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 WHEREAS, the Annual Contribution Contract has been presented to the HRA by HUD and has been reviewed by the HRA staff and legal counsel; and WHEREAS, the HRA must also submit other documentation to HUD to meet HUD rental assistance program requirements. NOW, 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 Chairperson 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 utilize the allocation in furtherance of an independent rental assistance program by the HRA. Minnesota. f,9 `, ~_ omas E. Harms, Chairperson Passed this 17th day of April, 1989, by the Housing and Redevelopment Authority in and for th~.;=pity of Richfiel , ATT ST: Jo n Helmbe ger, Secr ary