HomeMy WebLinkAboutResolution No. 2022-44 Approving Hennepin CountyFinancing
RESOLUTION NO. 2022-44
RESOLUTION APPROVING THE PARTICIPATION OF THE HENNEPIN
COUNTY HOUSING AND REDEVELOPMENT AUTHORITY IN AN
AFFORDABLE HOUSING PROJECT
WHEREAS, the Hennepin County Housing and Redevelopment Authority (“HCHRA”) has allocated funds
from its Pandemic Recovery Fund to assist Aeon with the development of The Sound on 76th located at 4100 West
76th Street in the City of Edina (“Project”); and
WHEREAS, proposed housing or redevelopment projects undertaken by the HCRA pursuant to authority
established at Minnesota Statutes, Section 383B.77, subdivision 3 (“Statute”) require approval of the local governing
body where the project(s) will be located; and
WHEREAS, the HCHRA intends to rely on the Statute to assist the Project.
NOW, THEREFORE, BE IT RESOLVED that the City of Edina hereby grants its approval of the Project
under the Statute.
BE IT FURTHER RESOLVED that 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.
BE IT FURTHER RESOLVED this Resolution shall neither serve to endorse the Project nor operate as a
substitute for any other required City approvals required for the Project.
PASSED AND ADOPTED by the City Council of the City of Edina this 4th day of May, 2022.
Attest:__________________________ ________________________________
Sharon Allison, City Clerk James B. Hovland, 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 was duly adopted by the Edina City Council at its Regular Meeting of May 4, 2022, and as recorded in
the Minutes of said Regular Meeting.
WITNESS my hand and seal of said City this _______ day of ___________________, 2022.
City Clerk