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SECTION I. DEFINITIONS <br />For the purpose of this Agreement, the terms defined in this section have the meanings given to <br />them: <br />A. "The Act" means the Housing and Community Development Act of 1974, Title I, of <br />Public Law 93-383, as amended (42 USC 5301 et seq.) <br />B. "Regulations" means the rules and regulations promulgated pursuant to the Act, <br />including but not limited to 24 CFR Part 570. <br />C. "HUD" means the United States Department of Horising and Urban Development <br />D. "Cooperating Community" means any city or township in Anoka County, which has <br />entered into a cooperation agreement which is identical to this Agreement. <br />E. "CDBG Program" means federal program instituted under 42 U.S.C. 5301, et seq. as <br />amended. <br />F. "HOME Investment Partnership Program" means the federal program instituted under <br />Title II of the Cranston-Gonzales National Affordable Housing Act, 42 U.S.C. 12701 et <br />seq. as amended <br />The definitions contained in 42 U.S.C. 5302 of the Act and 24 CFR 570.3 of the Regulations are <br />incorporated herein by reference and made a part hereof. <br />SECTION II. PURPOSE <br />The Cooperating Community and the County have determined that it is desirable and in the <br />interests of its citizens that the County qualifies as an urban county within the provisions of the <br />Act. This Agreement contemplates that identical agreements will be executed between the <br />County and other cities and townships within the County, thus enabling the County to qualify <br />under the Act. <br />The purpose of this Agreement is to authorize the County to participate with the Cooperating <br />Community in undertaking, or to assist in undertaking, essential community development and <br />housing assistance activities pursuant to the CDBG Entitlement Program and the HOME <br />Investment Partnership Program. <br />SECTION III. TERM OF AGREEEMNT <br />This Agreement shall be in effect upon execution and terminate no sooner than the end of the <br />third program year covered by the application for the basic grant amount and approved after the <br />effective date. This Agreement shall be effective for the federal fiscal years 2008 through 2010. <br />2