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S A M P L E R E S O L U T I O N <br />REQUESTING THE METROPOLITAN COUNCIL HRA TO IMPLEMENT A REVOLVING LOAN PROGRAM <br />WITHIN THE CITY OF <br />WHEREAS, the City of desires to <br />assist low income homeowners in making repairs to their homes for the purpose <br />of correcting defects affecting directly the safety, habitability, energy <br />conservation, or accessibility of the property; and, <br />WHEREAS, the Minnesota Housing Finance Agency has funds to be used for such <br />purposes, and will accept applications from housing and redevelopment <br />authorities desiring to administer these Revolving Loan Program funds; and, <br />WHEREAS, the Metropolitan Council has been duly organized pursuant to <br />Minnesota Statutes 1976, Section 473.123, and has all of the powers and duties <br />of a housing and redevelopment authority pursuant to Minnesota Statutes 1976, <br />473.193, under the provisions of the Municipal Housing and Redevelopment Act, <br />Minnesota Statutes 1976, Section 462.411 and 462.711; <br />NOW, THEREFORE, BE IT RESOLVED that the Metropolitan council is hereby <br />requested to include the City of in an application <br />for state Revolving Loan Program funds, and that the <br />is hereby authorized to enter into any necessary agreement with the <br />Metropolitan Council for operating the Program within the City. <br />Adopted this <br />day of , 1989. <br />Page 22 <br />