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April 28, 1994 <br /> Page Two <br /> Federal regulations also require that we advise you of your <br /> opportunity to "opt out" of the County's Entitlement and <br /> compete directly with other cities in the State's small cities <br /> program. We, of course, hope that you will not choose this <br /> route, as we feel that the County program is your best <br /> opportunity of receiving an allocation for an eligible project. <br /> If, however, you do choose to "opt out please be advised that <br /> you may not have an opportunity to participate with us for the <br /> next three years. "Opt out" notification must be made to both <br /> the County and the local HUD office no later than May 20, 1994. <br /> SIGNING A COOPERATION AGREEMENT DOES NOT REQUIRE THAT YOU <br /> ACTIVELY PARTICIPATE IN THE PROGRAM. IT DOES PROVIDE THE <br /> COUNTY WITH THE NEEDED POPULATION TO QUALIFY AND INFLUENCES OUR <br /> ANNUAL ALLOCATION. <br /> We are pleased with the active participation of a number of our <br /> municipalities over the past several years. We would like to <br /> see more communities who believe they have an eligible project <br /> contact us about the possibility of funding. It is interesting <br /> to note that every community that has proposed a project that <br /> meets the HUD national objectives, can comply with all of the <br /> federal rules and regulations, and is prepared to proceed, has <br /> received an allocation for the project. In addition, several <br /> projects have been undertaken suburban -wide which benefit low <br /> and moderate income persons in your individual communities. <br /> In summary, we ask that you return the enclosed cooperation <br /> agreements to us no later than June 17, 1994. Either a Council <br /> resolution or a statement from your legal counsel indicating <br /> the authority for the signatories to enter into the agreement <br /> should accompany it. We will return a fully executed copy to <br /> you. <br /> Should you have any questions, or need assistance, please <br /> contact Judy Karon, Director of Community and Economic <br /> Development, at 266 -8006. She will be happy to assist you. <br /> Sincerely, <br /> Terry Schu n <br /> Ramsey County Manager <br /> TS /py <br /> Enclosure <br /> cc: Commissioner John Finley <br />