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