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RES 1988-110 - 00004544RESOLUTION M. 110 - 1988 ' A RESOLUTION IN SUPPORT OF A BILL WHICH WOULD GIVE MA TMWED HOME PARR RESIDENJ'S THE FIRST RIGHT TO PURCHASE THEIR PARR WHEREAS, manufactured home parks are an important form of affordable housing in our community; and WHEREAS, manufactured home park residents are homeowners, who are financially invested in our community; and WHEREAS, manufactured home park residents are vulnerable to mass eviction in the event of a park closing; and WHEREAS, manufactured hone park residents do not have the same opportunity as other homeowners to purchase land; and WHEREAS, a bill will be introduced for legislative consideration which requires the park owner to notify residents of the price, terms, and conditions of the sale, which gives residents 60 days to purchase the park as a cooperative, and an additional 60 days to secure financing if the residents do purchase the park. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Fridley goes on record in support of the concept of first right to purchase for manufactured home park residents. PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF FRIDLEY THIS 19Th DAY OF DECEMBER, 1988 ATTEST: WILLIAM J. NEE YOR SHIRLEY A. AAAPALA - CIIM CLERK