HomeMy WebLinkAboutResolution 95-47RESOLUTION NO. 95- 47
RESOLUTION OF CITY COUNCIL OF THE CITY OF COLUMBIA HEIGHTS,
MINNESOTA APPROVING APPLICATION TO THE MINNESOTA HOUSING FINANCE
AGENCY UP TO $195,000.00 OF PUBLICLY OWNED NEIGI-IBORHOOD LAND TRUST
PROGRAM FUNDS FOR PURCHASE AND REMOVAL OF DUPLEX AND SINGLE
FAMILY BUILDINGS IN SHEFFIELD NEIGHBORHOOD.
WHEREAS, the City of Columbia Heights has been invited and encouraged to apply through the
Minnesota Housing Finance Agency for funds from the state funded Publicly Owned
Neighborhood Land Trust Program; and
WHEREAS, an application for such grant funds has been prepared by Community Development
Department staffi and
WHEREAS, the City will lease the vacant lots to low and moderate income families for
construction of new single family homes.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Columbia Heights,
Minnesota that:
The City Council approves City application for up to $195,000 of Publicly Owned
Neighborhood Land Trust Program funds from the Minnesota Housing Finance Agency
for purchase and removal of duplex and single family buildings.
The City Council hereby agrees that the City will provide a minimum of $30,000 for match
to the MHFA program funds.
The Mayor and City Manager are authorized to sign the necessary Publicly Owned
Neighborhood Land Trust Program application and the documents for implementation of
the program when the grant is received through the Minnesota Housing Finance Agency.
Passed this 14th day of August, 1995
Offered by: Rue t t i mann
Seconded by: pete r son
Roll Call: ^11 ayes
-Anne Student, Council Secretary
M~yor ~seph Sturdevant