RES 1979-46 - 0000670271
RESOLUTION NO. 46 -1979
A RESOLUTION REQUESTING THE LEGISLATURE OF THE STATE OF MINNESOTA
TO AUTHORIZE BY SPECIAL BILL THE ISSUANCE OF REVENUE BONDS FOR
THE PURPOSE OF A HOUSING FINANCE PROGRAM
' WHEREAS, There is a need for the City of Fridley to issue housing
finance revenue bonds to accomplish the following purposes:
1. Improve the availability of housing within the City of Fridley;
2. Maintain the value of housing within the City of Fridley;
3. To encourage the purchase of rehabilitated housing units within
the City of Fridley; and
4. Preserve the quality of life within the City of Fridley and in-
sure an adequate available housing stock.
NOW, THEREFORE, BE IT RESOLVED, That the Council of the City of
Fridley hereby requests that special legislation be adopted which will
permit the City of Fridley to issue revenue bonds for the purpose of a
Housing Finance Program.
PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF FRIDLEY THIS 2ND
DAY OF APRIL, 1979.
MAYOR - WILLIAM J. NEE
ATTEST:
1
R N BCITY C M I RUPSELL
0