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1991-4355 HRA RESOLUTION NO. 435 RESOLUTION AUTHORIZING ERECUTION OF AN ANNUAL CONTRIBUTION CONTRACT (ACC) AND THE PREPARATION OF SUPPORTYNG DOCUMENTS REQUIRED BY FEDERAL REGULATION TO RECEIVE SECTION 8 VOUCHER HOUSING ASSISTANCE PAYMENTS FROM THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD). WHEREAS, The HRA administers an independent Section 8 Voucher Rent Assistance Program; and WHEREAS, ®n October 10, 1991, HUD notified the HRA that an allocation of rental assistance was being made available to Richfield; and WHEREAS, the HUD allocation will provide $137,736 annually for five years to assist approximately 22 households according to a unit mix and pay standard as outlined in HRA Letter No. 40, November 18, 1991; and WHEREAS, prior to implementation of this allocation, it is necessary for the HRA and HUD to execute an ACC outlining the obligations of the parties with regard to the program; and WHEREAS, the HRAPs primary obligation is that the housing assistance and administrative fees which the HRA is eligible for P, must be spent on eligible housing activities in accordance with ~ib federal regulations; and WHEREAS, the HRA must also submit other administrative documentation to HUD to meet HUD rental assistance program requirements; and WHEREAS, HUD requires the HRA to delegate the authority to the Executive Director to, on a continuing basis, prepare and execute contracts, documents and reports required by federal regulation to administer this ACC; and WHEREAS, two of the 22 vouchers will be reserved to assist the nonprofit Cornerstone Agency in housing local families that risk being homeless without the stability provided by rent assistance resources. NOW, THEREFORE, BE IT RESOLVED by the Housing and Redevelopment Authority in and for the City of Richfield, Minnesota as follows 1) The Chairperson and Executive Director are authorized to execute those documents necessary to effectuate the 1991 Annual Contributions Contract with HUD for 22 units of assistance which will be allocated for eligible housing activities in accordance with federal regulations and requirements as outlined in this HRA Letter No. 40. HRA Resolution No. 435 -2- 2) The Executive Director is authorized to prepare and execute additional documentation required by HUD for participation in the rental assistance program and to submit such documentation to HUD. 3) The Executive Director is authorized and directed to take any additional actions reasonably necessary to allow the continued operation of this allocation as part of the HRA°s independent rent assistance program. .'adopted by the Housing and Redevelopment authority in and for the City of Richfield, Minnesota, this 18th day of November, 1991. omas E. Ha s® Chairperson FITTEST o t~ L an Helmberger, Secre ry ~i