HomeMy WebLinkAbout7152 (Res)si-4s
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RESOLUTION NO. 7152
RESOLUTION AUTHORIZING THE METROPOLITAN COUNCIL TO IIMPLEMENT THE RENTAL
REHABILITATION LOAN PROGRAM WITHIN THE CITY OF STILLWATER.
WHEREAS, the City of Stillwater desires to assist lower income families and
individuals to obtain adequate housing in the City of Stillwater 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 occupang+by low - and moderate -income families and invividuals; 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 Redevelop-
ment Authority Act, Minnesota Statutes 462.411 to 462.711, and the acts amendatory
thereto; and
WHEREAS, the City of Stillwater and the Metropolitan Council desire to encourage
the stabilization, revitalization, and rehabilitation of the rental property in the
City of Stillwater; and
WHEREAS, the City of Stillwater has determined that a program to encourage the
reh.'+litation 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 STILLWATER, 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 Stillwater and that the City Coordinator is hereby authorized to enter into an
agreement with the Metropolitan Council for the operation of such program within
the City.
Adopted by the Council this 1st day of February, 1983.
Published: February 4, 1983
Attest:
City CYkrk
Finance Director/Coordinator
A‘7
Mayor
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