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HomeMy WebLinkAboutResolution 93-62RESOLUTION 93- 62 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF COLUMBIA HEIGHTB, MINNESOTA DESIGNATING THE SHEFFIELD NEIGHBORHOOD AS A REDEVELOPMENT AHD HOUSING ~EVELOPMEHT PRO~BCT, ~PPROVING & RBDEVBLOPMEHT PLi~J~HD A HOUSING DEVELOPMENT ~DREDEVBLOPMEHT PROGRAM ANDAPPROVINGANAPPLICATION BY THE CITY OF COLUMBIA HEIGHTS AND HOUHING~d(DREDEVELOPMEHTAUTHORITY FOR MHFA COMI(UNITY REHABILITA- TION FUNDS WHEREAS, the city of Columbia Heights through its City Council (the "City) and Housing and Redevelopment Authority in and for the city of Columbia Heights (the "HRA") has conducted studies, prepared an inventory of housing and housing conditions, and planned for the establishment of a housing development and redevelopment project as those terms are defined at Minnesota Statutes, sections 469.001, subd. 14, 469.002, subd 15 and 469.107 referred to as the "Sheffield Neighborhood Revitalization Program" (the ,'Redevelopment Project); and WHEREAS, at the request of the City, the HRA has assisted in the preparation of a Redevelopment Plan as that term is defined at ~ Statutes, sections 469.002, subd. 16 and 469.027 for review, consideration and approval by the City and its Planning Zoning Commission; and WHEREAS, the Redevelopment Project will be restricted to the Sheffield Neighborhood which is defined as the area in the following boundaries and as reflected on the maps of the Sheffield Neighborhood (the "Project Area") attached hereto and incorporated herewith as Exhibit "A": South Boundary - 45th Avenue between Easterly edge of Keyes Park and Central Avenue. East Boundary - Johnson Street'(rear of easterly properties) and Easterly edge of Keyes Park. West Boundary - Central Avenue between 45th and 47th Avenues. North Boundary - 47th Avenue between Johnson Street (rear of easterly properties) and Central Avenue; and WHEREAS, the Redevelopment Plan for the Project Area provides for the acquisition (on a voluntary sale basis) of approximately 32 non-owner occupied duplexes which exhibit blighting influences, deterioration and dilapidation and the rehabilitation of the duplex units into 24 joint owner-renter occupied duplexes and 8 owner occupied single family homes, along with the construction of public improvements; and WHEREAS, the Redevelopment Plan contains among other things, a financial plan for the rehabilitation and purchase of housing units by moderate income households that includes the participation of the Minnesota Housing Finance Agency (MHRA), City, HRA, and local banks; and WHEREAS, to officially establish a Redevelopment Project and Program and to seek funds from the MHFA, the HRA and the City in accordance with Minnesota Statutes, sections 469.028, is required to obtain City Council approval of the Redevelopment Plan, the Program and application for MI{FA funds; and - WHEREAS, the MI{FA is currently accepting grant applications for up to $350,000 from its Community Rehabilitation Fund Program (CRFP); and WHEREAS, the HRA'and City has prepared an application for and intends to jointly apply for MHFA CRFP funding (the "grant") for the subject Redevelopment Project and Program and has requested City Council approval to do so on behalf of the HRA and City; -1 OF 2- .CO~T. RE~OLUTION 9~- 6~ NOW, THEREFORE BE IT RESOLVED by the City Council of the city of Columbia --~ights, MN that 1. The City Council hereby designates the Sheffield Neighbor- hood, as defined above and on the maps attached as Exhibit "A", as a Housing Development and Redevelopment Project. 2. The City Council hereby approves conceptually, the Redevelopment Plan as prepared by the HRA and City. 3. The proposed Sheffield Neighborhood Revitalization Program (the "Housing Development and Redevelopment Program") is hereby approved. 4. The financing plan in the Redevelopment Plan is hereby approved. The city hereby commits to the MHFA, that if MHFA provides a Community Rehabilitation Fund Program grant to the City, that the City will provide at least the following financial assistance for the subject Plan: ae be Cash from 1982 "Four cities Housing Revenue Bond Refunding Proceeds" Community Development Block Grant Funds TOTAL $385,000 $403,617 Se e The City Council also assures MHFA that it will provide the local banks the necessary assurances (guarantees) to make the temporary loan funds from the banks tax exempt. The HRA and the City are hereby authorized to jointly apply for a grant of up to $350,000 from the Minnesota Housing Finance Agency through the Community Rehabilitation Fund Program and if the subject grant is approved, the HRA and City staff are hereby authorized to jointly administer the program on behalf of the HRA and City with the City as the lead agency. APPROVED THIS ~2nd DAY OF November~. 1993 MOTION BY: Ruettimann SECONDED BY: Pe~;er$gn voting Aye: Nawrocki, Clerkin, Ruettimann, Peterson, Murzyn Voting Nay: None Absent: None ATTEST: ~. Anne Student ~City Council Secretary Mayor res93 - 2 OF 2 - ]1 JI CENTRAL AVENUE' TH #65 "Z POLK STREET TAYLOR STREET ~'~ ~'" '~'~' ~ ~' ~' ~ '~ ~ '"~' ~'"'""] ~ILLMOR[ STREET PIERCE STREET BUCH ~ McLEOD JOHNSON STREET RESERVOIR BOULEVARD ~ Z -r · 0 EXHIBIT "Al"