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804 - MINNESOTA HOUSING REVENUE BONDS FUND <br />Minnesota Statutes, Chapter 462 C authorizes the City of Lino Lakes to <br />develop and administrat, establish and finance certain single family <br />housing programs. This Fund was established in 1982 to prepare and <br />adopt a housing plan for the City and to submit an application for fund- <br />ing through Minnesota Housing Finance Agency. The housing plan was <br />adopted and submitted to Metropolitan Council for their review and comm- <br />ent. The application for funding through Minnesota Housing Finance <br />Agency was approved. <br />The current balance in this fund is $670.00, However, there exists no <br />additional need for City staff involvement in this project. For this <br />reason, it is projected that this fund will be closed out in 1985. <br />