HomeMy WebLinkAbout85-110 - ADMIN Resolution - City Council - 1985/07/15RESOLUTION NO. 85-110
RESOLUTION AUTHORIZING APPLICATION FOR MHFA HOUSING
REHABILITATION LOAN FUNDS
WHEREAS, the Minnesota. Housing Finance Agency, State of Minnesota, has
been authorized to undertake a program to provide loans to property owners for the
purpose of housing rehabilitation; and
WHEREAS, the City of St. Louis Park has developed an application as an
Administering Entity for the Minnesota Housing Finance Agency Rehabilitation Loan
Program; and
WHEREAS, the City of St. Louis Park has demonstrated the ability to perform
the required activities of the Minnesota Housing Finance Agency Rehabilitation Loan
Program;
NOW, THEREFORE, be it resolved that the City of St. Louis Park is hereby
authorized ,to make application to the Minnesota Housing Finance Agency for a grant
of funds pursuant to the Rehabilitation Loan Program;
BE IT FURTHER RESOLVED that the City of St. Louis Park is hereby authorized
as an entity to be charged with the administration of funds made available through,
the Minnesota Housing Finance Agency Rehabilitation Loan Program in the City of
St. Lous Park.
Adopted by the City Council July 15, 1985
J21ta V"' )4'CL'r�
Mayor
Reviewed for administration:
QNamvt..l� j .
ity Manager
Approved as to form and legality:
City Attorney