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HomeMy WebLinkAboutResolution No. 2007-225RESOLUTION 2007-225 CITY OF COLUMBIA HEIGHTS, MINNESOTA A RESOLUTION REQUESTING FUNDS IN THE AMOUNT OF $86,647 FROM THE ANOKA COUNTY HRA LEVY TO FINANCE THE GAP IN THE REDEVELOPMENT OF 3805 SECOND STREET NE, IN THE CITY OF COLUMBIA HEIGHTS. WHEREAS, the City Council was invited by the Anoka County Housing and Redevelopment Authority (ACHRA) to participate in ACHRA economic development activities; and, WHEREAS, Council passed a resolution on September 10, 2007 to participate in the Anoka County Housing and Redevelopment Authority (ACHRA) economic development activities; and, WHEREAS, the ACHRA would levy a tax in Columbia Heights each year of participation, for a minimum of five years; and, WHEREAS, that the City, by participation in the ACHRA economic development activities, can request funds to support the City's redevelopment and housing maintenance and improvement goals; and, WHEREAS, the redevelopment of 3805 Second Street NE achieves two goals of the Housing component of the Comprehensive Plan; and, WHEREAS, the redevelopment of 3805 Second Street NE meets the intent of the Single-Family Home Replacement Program, part of the 10-Years Housing Maintenance Plan implemented by the EDA; and, WHEREAS, Anoka County Community Development staff indicated that gap funding assistance for the redevelopment of 3805 Second Street NE would be a qualified expenditure; and, WHEREAS, the Greater Metropolitan Housing Corporation (GMHC) has signed a purchase agreement with the owners of 3805 Second Street NE; and, WHEREAS, the EDA will be asked to enter into a contract for private redevelopment with GMHC for the redevelopment of the 3805 Second Street NE; and, WHEREAS, the redevelopment of 3805 Second Street NE requires $86,647 in gap funding assistance. BE IT FURTHER RESOLVED that the City of Columbia Heights requests $86,647 from the Anoka County HRA for gap funding assistance for the redevelopment of 3805 Second Street NE, contingent upon approval of the redevelopment contract for private redevelopment between the Columbia Heights EDA and the Greater Metropolitan Housing Corporation (GMHC) on November 27, 2007. Passed this 26`'' day of November 2007 Offered by: Kelzenberg Seconded by: Williams Roll Call: Ayes: Peterson, Williams, Diehm, Kelzenberg Nay: Nawrocki ~•; ,, ,F ~`k ... .~,_. Mayor Gary L. Pe erson Attest: ~e Patricia Muscovitz City Clerk