HomeMy WebLinkAbout7667 (Res.)
r
r
r
.
000171
CITY OF STILLWATER
RESOLUTION NO. 7667
RESOLUTION ESTABLISHING THE DATE FOR A PUBLIC HEARING
ON A PROPOSED HOUSING PROGRAM PURSUANT TO MINNESOTA
STATUTES, CHAPTER 462C, AUTHORIZING PUBLICATION OF
NOTICE THEREOF
WHEREAS, Minnesota Statutes, Chapter 462C (the "Act"), authorizes a
city 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 requires 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
WHEREAS, the City of Stillwater (the "City") has adopted a Housing
Plan In accordance with the Act by the adoption of a resolution of the
City Council on June 4, 1985; and
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 56 unit rental housing development by Orleans Homes
Number Three Limited Partnership, a Minnesota limited partnershIp, to be
located on the Southeast side of Highway 5, northwest of 2100 West Orleans
Street In the City (the "Project"). The amount of bonds needed to finance
the Project Is currently estimated not to exceed $2,500,000;
NOW, THEREFORE, BE IT RESOLVED THAT:
1. The City Council of the City of Stillwater wll I conduct a public
hearIng on the proposed housing program for the Project on December 2,
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 flfteen"(15) days
prIor to the date established for the publIc hearing by the preceding
paragraph of this resolution.
3. The staff of the Washington, County Housing
Authority Is hereby authorized to proceed with the
and Redevelopment
preparation of the
-..,
0,
o
.
1111
:1'1'
I,
~
,
il ,
; 1Ill~
000170
'r
:}:{7<
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
to prepare and submIt al I applIcatIons, and other InformatIon necessary
for submIssIon to obtain an al locatIon of bondIng authority from the
MInnesota Department of Energy and Economic Development 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.
Nov. 5
, 1986
Adopted:
~A! ~,,~;:)
Hafry Peter on/Mayor
~I~
November 14, 1986
'Publ i sh:
,,;...",.';
ATTEST:
r
~":7 .
.~, ',-
r