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HomeMy WebLinkAboutResolution No. 2002-54RESOLUTION NO. 2002-54 RESOLUTION OF THE COLUMBIA HEIGHTS CITY COUNCIL ALLOCATING UP TO $30,369 TO TIlE GREATER METROPOLITAN HOUSING CORPORATION FOR THE PURCHASE, DEMOLITION AND CONSTRUCTION OF A NEW HOME LOCATED AT 4828 5TM STREET IN COLUMBIA HEIGHTS, MINNESOTA. WHEREAS, the Columbia Heights City Council through its Comprehensive Plan has established as a goal the preservation of the single-family housing stock. WHEREAS, the Greater Metropolitan Housing Corporation has agreed to purchase the single- family home located at 4828 5th Street, demolish the home and build a new home in its place. WHEREAS, the Greater Metropolitan Housing Corporation has agreed to sell the new home for at least $225,000. WHEREAS, the Greater Metropolitan Housing Corporation has agreed to begin construction of the new home no later than December 1, 2002. THEREFORE, BE IT RESOLVED, that the City Council allocates up to $30,369, from the City's Abatement Fund, to the Greater Metropolitan Housing Corporation for the purchase, demolition and construction of a new home located at 4828 5th Street in Columbia Heights, Minnesota. Passed this 9th day of September, 2002. Offered by: Seconded by: Roll Call: Wyckoff Williams Ayes: Peterson, Szurek, Wyckoff, Williams, Nawrocki Attest: Mayor Gal~. Peterson ~ Vtricia Muscovitz, Deputy City ~lerk