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CITY OF ST. ANTHONY VILLAGE <br />RESOLUTION 07-072 <br />A RESOLUTION APPROVING THE CONTRACT WITH <br />GREATER METROPOLITAN HOUSING CORPORATION (GMHC). <br />WHEREAS, the City of St Anthony agrees to contract with GMHC for the implementation of <br />housing programs for St. Anthony Residents; and <br />WHEREAS, the housing programs will be provided to the residents of St. Anthony through the <br />Housing Resource Center - Northeast; and <br />WHEREAS, the housing programs provided by GMHC allow for a variety of affordable and <br />life -cycle housing in St. Anthony; and <br />WHEREAS, the housing programs provided by GMHC also assists the City in its goal of <br />preserving and improving the Community's housing stock, thereby providing <br />opportunities for home ownership. <br />BE IT RESOLVED, that the City Council of the City of St. Anthony hereby approves an <br />additional $60,000 to the Greater Metropolitan Housing Corporation for St. Anthony's <br />Rehabilitation Programs and a 2008, Contract Services Agreement at a fee of $12,500 with <br />funding to come from the HRA Projects Fund. <br />BE IT FUTHER RESOLVED that the Greater Metropolitan Housing Corporation will allocate <br />$30,000 into the Revolving Loan Fund and $30,000 into the Rebab Incentive/ Rebate program <br />and based on activity and need GMHC is authorized to transfer funds between the two <br />programs. <br />Adopted this 13th day of November, 2007. <br />ATTEST: <br />Mayor <br />City Clerk <br />Review for Administration: <br />City Manager <br />32 <br />