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HomeMy WebLinkAboutResolution No. 2001-019 Cooperative Agreement w/Met Coucil for Affordable Housingf RESOLUTION NO. 2001-19 APPROVING A COOPERATI METROPOLITAN COUNCIL ] OPERATION OF RESIDENTIAL WITH THE METROPC LT] AFFORDABLE HOUSING R( THE MAYOR AND CI rY THE COOPERATION AGRE M N AGREEMENT WITH HE )R THE ACQUISITION ND tOPERTIES IN CONJUIS CTION ►N COUNCIL'S FAMIL rights, duties, privileges, ;RAM AND AUTHORIZING limitations as are [ANAGER TO EXECUT gad vT ON BEHALF OF THI CITY. City of Edina WHEREAS, the Metropolitan Council is authorized by Minnesota Statutes section 473.195 to exercise the functioI s, rights, duties, privileges, immunities and limitations as are provided for housi gad redevelopment authorities created for municipalities; and WHEREAS, in conjunction with the implementation of its Family Affordable Housing Program ("FAHP"), the Metrop Titan Council proposEd to acquire and administer residential properties ("FAHP Units") within the boundaries of the City, up to thirty percent of which units will be made available to eligible residents of the City; and WHEREAS, Minnesota Statutes section 473.195, subdivision 1 requires the Metropolitan Council to obtain the approval of the governing body of the City before the Metropolitan Council may implement Its proposed housing initiative within the boundaries of the City; and WHEREAS, federal law requir�s t1te Metropolitan Council to enter into a Cooperation Agreement with the City in coimection with the proposed acquisition and operation of the FAHP Units. NOW THEREFORE, BE IT RESOLVED by the City Council that pursuant to Minnesota Statutes section 473.195 the City Council gives its prior approval to the Metropolitan Council's proposal to acquirE and administer up to twenty (20) FAHP Units within the boundaries of the City; and BE IT FURTHER RESOLVED, by the ity Council that the Ci Ys participation in the proposed housing initiative is conditioned on the understandin that the City will have the right to purchase' any FAHP units owned by the Metropo itan Council at the termination of the FAHP; and BE IT FURTHER RESOLVED, by thel City Council that the Nlayor and the City Administrator are authorized to execute th Cooperation Agreeme t on behalf of the City. Adopted this 3" day of April 2001. ATTEST: City Clerk Mayor City Hall 1 (952) 927-8861 4801 WEST 50TH STREET FAX (952) 826-0390 EDINA, MINNESOTA 55424-1394 TDD (952) 826-0379 STATE OF MINNESOTA ) COUNTY OF HENNEPIN )SS CITY OF EDINA ) I, the undersigned duly appointed and actin; that the attached and foregoing Resolution Regular Meeting of April 3, 2 00 1, and as recc WITNESS my hand and seal of said City this 2 I Clerk for the City of Ed na do hereby certify luly adopted by the Edi City Council at its in the Minutes of said Re lar Meeting. day of , 20 City Clerk