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(4) <br /> RESOLUTION NO. 4506 <br /> CITY OF MOUNDS VIEW <br /> COUNTY OF RAMSEY <br /> STATE OF MINNESOTA <br /> RESOLUTION OF SUPPORT FOR A COMMUNITY DEVELOPMENT BLOCK GRANT <br /> (CDBG) APPLICATION BY MICHAEL P. KINYON <br /> WHEREAS, Michael Kinyon, of Kinyon Properties, has submitted a CDBG <br /> application to Ramsey County for $26,753; and <br /> WHEREAS, Mr. Kinyon proposes to use the funds substantially rehabilitate an <br /> older rental housing unit to provide lower heating costs and covered garage space for <br /> two low-moderate income rental households; and <br /> WHEREAS, Mr. Kinyon's property does provide affordable housing to people of <br /> low to moderate income levels which benefits the community of Mounds View; and <br /> WHEREAS; it is the City of Mounds View's goal to support projects which will <br /> rehabilitate older buildings and not significantly add to the monthly rental costs to the <br /> tenants; and <br /> WHEREAS, if Mr. Kinyon's application is approved, the improvements can be paid <br /> and not jeopardize the tenant's ability to remain in an affordable rental home <br /> environment. <br /> NOW, THEREFORE, BE IT RESOLVED THAT the City Council in and for the City <br /> of Mounds View does hereby formally declare its support for the project as outlined in <br /> Mr. Michael Kinyon's CDBG application and urge approval by Ramsey County. <br /> Adopted this 14th day of February, 1994. <br /> ATTEST: <br /> Mayor <br /> (SEAL) <br /> City Administrator <br />