HomeMy WebLinkAbout87-84 - ADMIN Resolution - City Council - 1987/07/06to
RESOLUTION NO. 87-84
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
WHERAS, 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. Louis Park.
Adopted by the City Council July 6, 1987
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ATTEST:
Reviewed for Administration:
ity Manager
Mayo
Approved as to form and execution:
OPP Ai\
City A I orney