Res 1983 - 82 Adopting an Amendment to the Housing Plan of MH Including a Program for the Issuance of Multifamily Mortgage Revenue Bonds & Authorizing Submission of Same to the Metropolitan Council & the MN Housing Finance AgencyCITY OF MENDOTA HEIGHTS
DAKOTA COUNTY, MINNESOTA
RESOLUTION NO. 83- 82
RESOLUTION ADOPTING AN AMENDMENT TO THE HOUSING PLAN OF THE CITY OF MENDOTA
HEIGHTS INCLUDING A PROGRAM FOR THE ISSUANCE OF MULTIFAMILY MORTGAGE REVENUE
BONDS AND AUTHORIZING SUBMISSION OF SAME TO THE METROPOLITAN COUNCIL AND THE
MINNESOTA HOUSING FINANCE AGENCY.
WHEREAS, pursuant to the Minnesota Municipal Housing Act, Minnesota
Statutes, Chapter 462C (the "Act"), a City is authorized to adopt a housing
plan and carry out programs for the financing of multifamily housing for persons
of low and moderate income; and
WHEREAS, the Act requires adoption of the housing plan after a public hearing
held thereon after publication 6f notice in a newspaper of general circulation in
the City at least thirty days in advance of the hearing; and
WHEREAS, the Act requires adoption of a program after a public hearing held
thereon after publication of notice in a newspaper of general circulation in the
City at least fifteen days in advance of the'hearing; and
WHEREAS, the City of Mendota Heights (the "City") has on this date conducted
a public hearing on an amendment to the housing plan of the City (the "Housing
Plan") and program, after publication of notices as required by the Act; and
WHEREAS, the Housing Plan includes a program (the "Program") for the issuance
of multifamily housing revenue bonds to finance the acquisition of land and
construction of a 190 unit rental housing development; and
WHEREAS, the Act further requires submission of the Housing Plan to the
Metropolitan Council for its review and comment, and submission of the Program
to the Minnesota Housing Finance Agency (the "MHFA") for its approval.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Mendota
Heights:
1. That the Housing Plan of the City, including the Program, is hereby in
all respects adopted.
2. That the City Administrator is hereby authorized to submit the Housing
Plan to the Metropolitan Council, and to.submit the Program to the MHFA, and to
do all other things and take all other actions as may be necessary or appropriate
to carry out the Program in accordance with the Act and any other applicable laws
and regulations.
Adopted by the City Council of the City of Mendota Heights this 4th day of October,
1983.
CITY COUNCIL
CITY OF MENDOTA HEIGHTS
By
ATTEST: Robert G. Lockwood, Mayor
Marnn DeLaRosa, Deputy Clerk