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<br />. <br />~ <br /> <br />. <br /> <br />. <br /> <br />RESOLUTION NO. 5112 <br /> <br />CITY OF MOUNDS VIEW <br />COUNTY OF RAMSEY <br />ST ATE OF MINNESOTA <br /> <br />RESOLUTION SUPPORTING THE RAMSEY COUNTY'S ALLOCATION OF HOME <br />FUNDS TO MSP REAL ESTATE FOR THE SIGNIFICANT REHABILITATION OF 40 <br />APARTMENT UNITS LOCATED AT 2665 HIGHWAY 10 <br /> <br />WHEREAS, the City of Mounds View desires substantial rehabilitation of the 40-unit <br />Red Oak Apartments located at 2665 Highway 10; and <br /> <br />WHEREAS, part ofMSP Real Estate's proposal includes the rehabilitation of these units <br />for quality affordable housing; and <br /> <br />WHEREAS, financial assistance is available in the form of Home Funds through <br />Ramsey County for the subject project to significantly improve the interior and exterior livability <br />and quality of the 40-unit apartments. <br /> <br />NOW THEREFORE BE IT RESOLVED, that the City of Mounds View hereby <br />endorses the application to Ramsey County for Home Funds by MSP Real Estate to provide for a <br />significant rehabilitation of 40-unit apartments located at 2665 Highway lOin Mounds View. <br /> <br />Adopted by the City Council, in and for the City of Mounds View, Minnesota this 28th day of <br />April, 1997. <br /> <br /> <br /> <br />) <br />, ~tdp(,e. <br />Duane McCarty, Mayor <br /> <br />ATTEST: <br /> <br />(]lJ{_ JQ ~ <br /> <br />Chuck Whiting, Clerk- dm1l11strator <br />