RES 1983-18 - 00005662�3
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WHEREAS, The City of Fridley desires to assist lower income families and
' individuals to obtain adequate housing in the City of Fridley at an affordable
price and to accomplish the purpose of undertaking a program of providing
technical assistance and loans to property owners for the purpose of
rehabilitating rental units for occupancy by low- and - moderate- income families
and individuals; and
WHEREAS, the Metropolitan Council has been duly organized pursuant to
Minnesota Statutes 473.123; and has been designated a housing and
redevelopment authority pursuant to Minnesota Statutes 473.193, with the
powers and duties of a housing and redevelopment authority under the
provisions of the Minnesota Housing and Redevelopment Authority Act, Minnesota
Statutes 462.411 to 462.711, and the acts amendatory thereto; and
WHEREAS, the City of Fridley and the Metropolitan Council desire to encourage
the stabilization, revitalization, and rehabilitation of the rental property
in the City of Fridley; and
WHEREAS, the City of Fridley has determined that a program to encourage the
rehabilitation of rental units is consistent with the housing goals of the
City and consistent with the City's public interest.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY OF FRIDLEY that the Metropolitan
Council is hereby authorized to implement the Rental Rehabilitation Loan
Program to encourage the rehabilitation of affordable private rental units
within the City of Fridley and that the city administrator is hereby
authorized to enter into an agreement with the Metropolitan Council for the
1 operation of such program within the City.
111711111 1
WILLIAM J. E - MAYOR
ATTEST:
SIDNEY C. I14MAN CITY CLERK