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HomeMy WebLinkAbout4361 - ADMIN Resolution - City Council - 1971/09/30Original RESOLUTION NO. 4361 RESOLUTION APPROVING THE BUDGET FOR THE ROUSING AND REDEVELOPMENT AUTHORITY WHEREAS, the Housing and Redevelopment Authority of St. Louis Park, Minnesota, has approved a low rent housing program and renewal activities, and has entered into a Cooperation Agreement with the City of St. Louis Park relating it to the establishment of low rent housing projects, and WHEREAS, the Housing and Redevelopment Authority, St. Louis Park, Minnesota, has applied to the federal government to receive a contract for loans and annual contributions to finance such projects, and WHEREAS, the Housing and Redevelopment Authority, St. Louis Park, Minnesota, intends to actively pursue this application and to generally provide for the development of low income housing with the City of St. Louis Park, and WHEREAS, in order to adequately fulfill the duties granted to it pursuant to Minnesota Statutes, Section 462.415, it is necessary for the Housing and Redevelopment Authority of St. Louis Park, Minnesota to incur expenditures relating to the operation thereof, THEREFORE, BE IT RESOLVED, that the attached operating budget submitted by the Housing and Redevelopment Authority of St. Louis Park, Minnesota and modified by the City Council for the fiscal year 1972 is hereby approved. Adopted by the City Council September 30, 1971. Reviewed for administration: City Manager App pved as to form d legality: City A orney