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