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HomeMy WebLinkAboutResolution No. 2004-011 Authorizing Met Council Use of Hpn Cty Affordable Housing Fund o e City of Edina RESOLUTION NO. 2004-11 WHEREAS, the Hennepin County Housing and Redevelopment Authority (HCHRA) in Resolution No. 03-HCHRA-21B approved the use of a. $275,000 Affordable Housing Incentive Fund loan for the Metropolitan Council's Family Affordable Housing Program(FAHP); and WHEREAS, the City of Edina approved the implementation of the Metropolitan Council's FAHP initiative within the City and entered into a Cooperation Agreement with the Metropolitan Council on April 18,2001 authorizing the Metropolitan Council to develop and operate up to twenty (20) residential FAHP units within the City of Edina;and WHEREAS, the Family Affordable Housing Program will benefit the City and its residents and will increase the supply of affordable housing in the City of Edina by providing up to twenty (20) residential Family Affordable Housing Program units; and WHEREAS, the Hennepin County Housing and Redevelopment Authority desires to participate in the FAHP implementation by funding a portion of the FAHP unit development within the City of Edina. `. BE IT RESOLVED, that the City approve the Metropolitan Council's use of funding from the Hennepin County Housing and Redevelopment Authority Affordable Housing Incentive Fund to help implement the Metropolitan Council's Family Affordable Housing Program within the City. Adopted this 3rd day of February 2004. Attest Debra A. Mangen, City clerk Dennis F. Maetzold, Mayor STATE OF MINNESOTA ) COUNTY OF HENNEPIN ) SS CITY OF EDINA ) CERTIFICATE OF CITY CLERK I, the undersigned duly appointed and acting City Clerk for the City of Edina do hereby certify that the attached and foregoing Resolution is a true and correct copy of the Resolution duly adopted by the Edina City Council at its regular meeting of February 3,2004,and as recorded in the Minutes of said regular meeting. WITNESS,my hand and seal of said City this day of 20 Debra A. Mangen,City Clerk City Hall (952) 927-8861 4801 WEST 50TH STREET FAX(952)826-0390 EDINA,MINNESOTA 55424-1394 TDD(952)826-0379