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• RESOLUTION NO. 83 -08 RESOLUTION AUTHORIZING THE METROPOLITAN COUNCIL TO IMPLEMENT THE RENTAL REHABILITATION LOAN PROGRAM WITHIN THE CITY OF LINO LAKES. WHEREAS, the City of Lino Lakes desires to assist lower income families and individuals to obtain adequate housing in the City of Lino Lakes at an affordable price and to accomplish the purpose of undertaking a program of providing technical assistance and loans to property owners for the purpose of rehabilitating rental units for occupancy by low- and moderate - income families and individuals; and WHEREAS, the Metropolitan Council has been duly organized pursuant to Minnesota Statutes 473.123; and has been designated a housing and redevelopment authority pursuant to Minnesota Statutes 473.193, with the powers and duties of a housing and redevelopment authority under the provisions of the Minnesota Housing and Redevelopment Authority Act, Minnesota Statutes 462.411 to 462.711, and the acts amendatory thereto; and WHEREAS, the City of Lino Lakes and the Metropolitan Council desire to encourage the stabilization, revitalization and rehabilitation of the rental property in the City of Lino Lakes, and • WHEREAS, the City of Lino Lakes has determined that a program to en- courage the rehabilitation of rental units is consistent with the housing goals of the City and consistent with the City's public interest. NOW, THEREFORE, BE IT RESOLVED BY THE CITY OF LINO LAKES, that the Metropolitan Council is hereby authorized to implement the Rental Rehabilitation Loan Program to encourage the rehabilitation of afforable private rental units within the City of Lino Lakes and that the City Administrator is hereby authorized to enter into an agreement with the Metropolitan Council for the operation of such program with the City. Adopted by the Council of the City of Lino Lakes this 14th day of February, 1983 ATTEST: Sarner, CMC