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HomeMy WebLinkAboutResolution No. 2025-87 Approving the Participation of the HCHRA in an Affordable Housing Project RESOLUTION NO. 2025-87 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 Affordable Housing Incentive Fund and Supportive Housing Strategy Fund to assist CommonBond Communities with the rehabilitation of the South Haven and Summit Point Apartments Project (the “project”) in the City of Edina (the “City”); 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 of the city 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 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 City approvals required for the Project. Adopted this 7th day of October, 2025. Attest: __________________________ ___________________________ Sharon Allison, City Clerk James B. Hovland, Mayor Sharon Allison (Oct 8, 2025 13:50:47 CDT) 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 October 7, 2025, and as recorded in the Minutes of said Regular Meeting. WITNESS my hand and seal of the City this ___________ day of ______________, 20__. ___________________________________ Sharon Allison, City Clerk