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96-040 - 02-20 Designate Area Housing Finance Agency Fund ProgramResolution 96-40 February 20, 1996 0 Member Micks introduced the following resolution and moved its adoption: RESOLUTION OF THE CITY OF GOLDEN VALLEY DESIGNATING AN AREA FOR THE MINNESOTA HOUSING FINANCE AGENCY COMMUNITY REHABILITATION FUND PROGRAM AND AUTHORIZING COMMUNITY ACTION FOR SUBURBAN HENNEPIN TO APPLY ON BEHALF OF THE CITY WHEREAS, the City of Golden Valley has a desire to maintain the quality of its neighborhoods and to improve and preserve its single-family housing stock; and WHEREAS, the City of Golden Valley has identified an area of Golden Valley which could benefit from a focused home rehabilitation loan program; and WHEREAS, Community Action for Suburban Hennepin wishes to provide home repair loans through its HOME line housing program. NOW, THEREFORE, BE IT RESOLVED by the City Council for the City of Golden Valley that the City Council hereby designates the area(s) described below as the "Designated Area(s)" for the purpose of the Minnesota Housing Finance Agency Community Rehabilitation Fund Program: • "All those areas zoned single-family residential." BE IT FURTHER RESOLVED, that the City of Golden Valley authorizes Community Action for Suburban Hennepin to make application to the Minnesota Housing Finance Agency Community Rehabilitation Fund Program on behalf of the City of the Golden Valley. ATTEST: IV y 0 • r: �J Resolution 96-40 - Continued The motion for the adoption of the foregoing and upon a vote being taken thereon, the Johnson, LeSuer, Micks and Russell; and whereupon said resolution was declared du and her signature attested by the City Clerk. February 20, 1996 resolution was seconded by Member LeSuer following voted in favor thereof: Anderson, the following voted against the same: none, ly passed and adopted, signed by the Mayor