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RES 1974-133 - 00007999244 RESOLUTION NO. 133 -1974 A RESOLUTION STATING INTENT TO PARTICIPATE IN COOPERATIVE COMMUNITY DEVELOPMENT FUNDING WHEREAS, the recently enacted Federal Housing and Community Development Act of 1974 at Section 570.104, Subd. (c) provides a limited amount of discretionary funds for activities proposed by qualifying units of general purpose local government which the Department of Housing and Urban Development (HUD) agrees to find, and WHEREAS, the total available funds are expected to be not more than 1.4 million for Fiscal Year 1975 and 5.1 million for Fiscal Year 1976, and V WHEREAS, the City of Fridley, together with approzimately 190 other governmental V units within the Metropolitan Area is elible to make application for such funds; NOW, THEREFORE, BE IT RESOLVED: 1. The City of Fridley hereby expresses its desire and intent to participate through the HCD Ad Hoc Steering Committee, together with other eligible governmental units within the Metropolitan Area, in the formation of tentative alternative Section 507.104, Subd. (e) funds allocation, prioritization and distribution procedures which could ultimately be used in connection with such fund sidtribution in the Metropolitan area. 2. The City of Fridley directs the City Manager, Mr. Nasim Qureshi, or his agent to act as its designated representative of the City of Fridley position and intent with regard to the above matter. 3. The City of Fridley understands that this Resolution does not constitute an acceptance or endorsement of any specific recommendation (s) of the HCD Steering Committee concerning the above but agrees to give further official consideration to any recommendation formulated by such Committee and endorsed by the designated representatives of participating communities. PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF FRIDLEY THIS 16TH DAY OF DECEMBER, 1974. MAYOR - FRANK LIVBL ATTEST: CITY CLERK HAS RV N C. BRU95EL