HomeMy WebLinkAbout7086 - ADMIN Resolution - City Council - 1982/03/15RESOLUTION NO.
7086
RESOLUTION AMENDING THE HOUSING PLAN OF THE
CITY OF ST. LOUIS PARI{, AUTHORIZING SUBMISSION
OF THE HOUSING PLAN, AS AMENDED, TO THE METROPOLITAN
COUNCIL AND CONTINUING THE PUBLIC HEARING OF MARCH 15, 1982
WHEREAS, the City Council (the "Council") of the City of St. Louis Park (the
"City") has, by Resolution No. 6386 dated October 2, 1979, adopted a housing Plan
(the "Plan") for the City in accordance with the Municipal Housing Finance Act,
Minnesota Statutes, Chapter 462C (the "Act"); and
WHEREAS, the Council of the City has before it on this date an amendment to
said Plan (the "Plan Amendment") including a program for the issuance of revenue
bonds to finance multi -family rental housing developments (the "Program"); and
WHEREAS, the Council has conducted a public hearing on the Plan Amendment
and the Program on this date after publication of notice in a newspaper circulating
generally in the city at least 30 days before the hearing; and
WHEREAS Minnesota Statutes, Section 462C.04 requires submission of the Plan
Amendment to the Metropolitan Council for review and comment; and
WHEREAS, the Council wishes to consider the comments of the Metropolitan
Council upon receipt, after opportunity for a public hearing thereon;
NOW THEREFORE BE IT RESOLVED by the City Council of the City of St.
Louis Park:
1. That the Plan Amendment attached hereto as Exhibit A is
hereby adopted.
2. That existing Section IVC of the Plan entitled Multifamily
Mortgage Revenue Bond Program is deleted and replaced with
the Program for rental housing which is adopted as part of
the Plan Amendment.
3. That the City Manager is hereby authorized to submit the
Plan Amendment to the Metropolitan Council .for review and
comment.
Adopted the City Council March 15, 1982
Z22
Mayor
Reviewed for administration:
Appro 'ed as,-to—f.
i
i
Caty AXforney
rm and legality: