HomeMy WebLinkAboutResolution 4508
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RESOLUTION NO. 4508
CITY OF MOUNDS VIEW
COUNTY OF RAMSEY
STATE OF MINNESOTA
RESOLUTION AUTHORIZING APPLICATION FOR RAMSEY COUNTY COMMUNITY
DEVELOPMENT BLOCK GRANT FUNDS TO ASSIST IN THE DEVELOPMENT OF A
LOW MODERATE SENIOR RENTAL HOUSING PROJECT IN MOUNDS VIEW
WHEREAS, the City desires to provide assistance in a housing project which will
meet the growing demands in the community for low-moderate income rental housing
for seniors; and
WHEREAS, the project is within the City's Devetopment District NO.2 and Tax
Increment District NO.1 and is consistent with the City's Comprehensive Plan, the Five
Year Development Goal Plan and the FOCUS 2000 Community-wide Strategic Plan; and
WHEREAS, the project will provide direct and substantial benefits to the
community by providing affordable rental housing for over 150 senior citizens as wetl as
providing affordable home ownership opportunities foryoung families to purchase single
family homes vacated by seniors opting to reside in a quality housing development that
is near their families and friends.
NOW, THEREFORE, BE IT RESOLVED THAT, the City Council in and for the City
of Mounds View does hereby authorize the City Administrator to make application to
Ramsey County for Community Development Block Grant funds for assistance with the
purchase of the land upon which an 80 unit low-moderate income senior housing
complex will be constructed within an existing Development District.
Adopted this 14th day of February, 1994.
ATTEST:
(SEAL)