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01-15 - 03-06 - Approve Met Council Agreement Acquisition of Housing Units Resolution 01-15 March 6, 2001 Member LeSuer introduced the following resolution and moved its adoption: RESOLUTION APPROVING A COOPERATION AGREEMENT WITH THE METROPOLITAN COUNCIL FOR THE ACQUISITION AND OPERATION OF RESIDENTIAL PROPERTIES IN CONJUNCTION WITH THE METROPOLITAN COUNCIL'S FAMILY AFFORDABLE HOUSING PROGRAM AND A GUIDELINES AGREEMENT (METROPOLITAN COUNCIL FAMILY AFFORDABLE HOUSING PROGRAM GUIDELINES FOR ACQUISITION OF HOUSING UNITS IN GOLDEN VALLEY) WHEREAS, the Metropolitan Council is authorized by Minnesota Statutes section 473.195 to exercise the functions, rights, duties, privileges, immunities and limitations as are provided for housing and redevelopment authorities created for municipalities; and WHEREAS, in conjunction with the implementation of its Family Affordable Housing Program ("FAHP"), the Metropolitan Council proposes to acquire and administer residential properties ("FAHP Units") within the boundaries of the City, up to thirty percent of which units will be made available to eligible residents of the City; and WHEREAS, Minnesota Statutes section 473.195, subdivision 1 requires the Metropolitan Council to obtain the approval of the governing body of the City before the Metropolitan Council may implement its proposed housing initiative within the boundaries of the City; and WHEREAS, federal law requires the Metropolitan Council to enter into a Cooperation Agreement with the City in connection with the proposed acquisition and operation of the FAHP Units; and WHEREAS the City Council would like to adopt guidelines regarding the acquit ion of property in Golden Valley as outlined in a separate Guidelines Agreement. NOW THEREFORE, BE IT RESOLVED by the City Council that pursuant to Minnesota Statutes section 473.195 the City Council gives its prior approval to the Metropolitan Council's proposal to acquire and administer up to twenty (20) FAHP Units within the boundaries of the City using the Guidelines for Acquisition of Housing Units in Golden Valley as outlined in a separate Guidelines Agreement; and BE IT FUTHER RESOLVED, by the City Council that the Mayor and the City Manager are authorized to execute the Cooperation Agreement and the Guidelines Agreement on behalf of the City. Mary E. Aiderson, Mayor Resolution 01-15 - Continued March 6, 2001 ATTEST: Shirley J. N Isbn, City Clerk The motion for the adoption of the foregoing resolution was seconded by Member Johnson and upon a vote being taken thereon, the following voted in favor thereof: Anderson, Bakken, Johnson, LeSuer and Micks; and the following voted against the same: none, whereupon said resolution was declared duly passed and adopted, signed by the Mayor and her signature attested by the City Clerk.