HomeMy WebLinkAbout7642 (Res.)
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CITY OF STILLWATER
RESOlUTION NO. 7642
RESOlUTION ESTABLISHING THE DATE FOR A PUBLIC HEARING ON
A PROPOSED HOUSING PLAN AND PROORAM PURSUANT TO MINNESOTA
STATUTES, CHAPTER 462C, AUTHORIZING PUBLICATION OF NOTICE
THEREOF '
WfEREAS, MInnesota Statutes, Chapter 462C, author Izes a cl ty to
plan, admInister and make or purchase a loan or loans to finance one or
more multIfamIly housIng developments or the rehabilItation of multIfamily
housIng developments after adoption of a housing program; and
WHEREAS, the Act irequl res adoption of the housIng plan after a public
hearIng held thereon after publIcatIon of notice In a newspaper of general
cIrculatIon In the City at least thirty days In advance of the hearIng;
and
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WHEREAS, the housIng program for the Issuance of bonds to fInance a
multifamIly housIng development must be considered at a publIc hearIng
after notIce publIshed at least 15 days prior to the date of said hearIng
after whIch the program may be adopted by resolutIon of the governing body
of the cIty with or without amendment; and
WHEREAS, there has been presented to thIs City CouncIl a proposal for
the constructIon of a 116 unit rental housing development by Orleans Homes
Number Two LimIted PartnershIp, a Minnesota limited partnershIp, to be
located North of and adjacent to 2100 West Orleans Street In the City (the
"Project"). The amount of bonds needed to finance the Project Is
currently estImated not to exceed $4,900,000;
NOW, THEREFORE, BE IT RESOLVED THAT:
1. The City Council of the City of Stillwater wIll conduct a publIc
hearlng'on the proposed housing program for the Project on October 7,
1986, at 7:30 p.m.
2. The staff of the Washington County Housing and Redevelopment
AuthorIty Is hereby authorIzed to; cause a publIc notIce, substantIally In
form of notIce attached hereto as ExhIbIt A. to be published once In a
newspaper of general cIrculatIon In the CIty at least fIfteen (15) days
prIor to the date establIshed for the publIc hearIng by the preceding
paragraph of th Is resol utlon.
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3. The staff of the Washington County Housing and Redevelopment
Authority Is hereby authorIzed to proceed with the preparation of the
housIng program relating to the Project, for presentatIon to the CIty
CouncIl at the publIc hearing hereIn authorIzed. The staff of the
WashIngton County Housing and Redevelopment Authority Is hereby authorized
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to prepare and submIt al I applIcatIons, and other InformatIon necessary
for submIssIon, to the MInnesota Department of Energy and EconomIc
Developement In accordance wIth MInnesota Statutes, Chapter 474A.
4. The staff of the Washington County HousIng and Redevelopment
AuthorIty Is hereby authorIzed to present a copy of the housIng program to
the MetropolItan CouncIl for review and comment pursuant MInnesota
Statutes, Chapter 462C.
Adopted: September 16, 1986
Published: September 26, 1986
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