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HomeMy WebLinkAbout23-064 - ADMIN Resolution - City Council - 2023/05/01 Resolution No. 23-064 Resolution approving the participation of the Hennepin County Housing and Redevelopment Authority in an affordable housing project Be it resolved by the city council of the City of St. Louis Park (the “city”) as follows: Section 1. Recitals. 1.01. The Hennepin County Housing and Redevelopment Authority (the “HCHRA”) has allocated funds from its Pandemic Recovery Fund and Affordable Housing Incentive Fund to assist PPL Union Park Community Limited Partnership, a Minnesota limited partnership, or another affiliate of or entity related to Project for Pride in Living, a Minnesota nonprofit corporation, with the development of an approximately 60-unit multifamily rental housing facility to be located in the city (the “project”). 1.02. Proposed housing or redevelopment projects undertaken by the HCHRA pursuant to authority established at Minnesota Statutes, Section 383B.77, subdivision 3 (the “statute”) require approval of the local governing body where the project(s) will be located. 1.03. The HCHRA intends to rely on the statute to assist the project. Section 2. Approvals. 2.01. The city hereby grants its approval of the project under the statute. 2.02. Nothing in this resolution shall create a pecuniary obligation of the city to assist the project, nor shall the city be in any way responsible for any financing obligation or agreement of the HCHRA with respect to its provision of financial assistance to the project. 2.03. This resolution shall neither serve to endorse the project nor operate as a substitute for any other required city approvals required for the project. Reviewed for administration: Adopted by the city council May 1, 2023 Kim Keller, city manager Jake Spano, mayor Attest: Melissa Kennedy, city clerk DocuSign Envelope ID: F2A76EEB-DAD8-494C-84F8-8F464D8A95F2