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804 - MINNESOTA HOUSING REVENUE BONDS FUND <br />Minnesota Statutes, ehapter 462 C authorizes the City of Lino Lakes to <br />develope 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 throught Minnesota Housing Finance Agency. The housing plan was <br />adopted and submitted to Metropolitan Counci for their review and comm- <br />ent. The application for funding through Minnesota Housing Finance <br />Agency was approved. <br />Insufficient funds were available to justify participation in the pro- <br />gram at this time. The current Fund Balance will be used at a future <br />date for re- application for funding. The current Fund balance is $670.00. <br />