Loading...
HomeMy WebLinkAbout1982-216 CCRMember Gene Lhotka introduced the following resolution and moved its adoption: RESOLUTION NO. 82 -216 APPROVING AMENDMENT NUMBER 1 TO THE 1982 SINGLE FAMILY HOUSING BOND PROGRAM WHEREAS, Minnesota Statutes Chapter 462C (the "Act authorizes the City of Brooklyn Center (the "City to develop and administer programs of making or purchasing mortgage loans to finance the acquisition of single family housing units located anywhere within its boundaries for occupancy primarily by persons of low and moderate income; and WHEREAS, the City has prepared a 1982 Single Family Housing Bond Program (the "Program and WHEREAS, the City on August 30, 1982, adopted the Program after a duly noticed and held public hearing; and WHEREAS, the City has determined that it would be in the public interest to amend the program in the manner set forth in the Amendment attached hereto as Exhibit A; and WHEREAS, the City has held a duly noticed public hearing regarding such Amendment. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL of the City of Brooklyn Center, Minnesota: 1. That Amendment Number 1 to the 1982 Single Family Housing Bond Program as is attached hereto and on file with the City Clerk is approved. November 22, 1982 Date Mayor ATTEST: Clerk The motion for the adoption of the foregoing resolution was duly seconded by member Celia Scott and upon vote being taken thereon the following voted in favor thereof: Dean Nyquist, Gene Lhotka, Celia Scott, Bill Hawes, and Rich Theis; and the following voted against the same: none, whereupon said resolution was declared duly passed and adopted. RESOLUTION NO. 82 -216 EXHIBIT A Amendment No. 1 to the 1982 Brooklyn Center Single Family Mortgage Revenue Bond Program WHEREAS, the City Council of the City of Brooklyn Center (the "City) by resolution on August 30, 1982, adopted the 1982 Single Family Housing Bond Program (the "Program and WHEREAS, the City has submitted the Program to the Minnesota Housing Finance Agency "MHFA for review and approval and was notified as of September 23, 1982, that the Program was approved by MHFA; and WHEREAS, the City by resolution on September 20, 1982 adopted the Brooklyn Center Housing Plan and 1982 Single Family Residential Mortgage Revenue Bond Program (the "Plan and WHEREAS,.the City submitted the Plan including the Program to the Metropolitan Council for review and comment; and WHEREAS, the staff for the Metropolitan Council requested that amendments relating to availability of mortgage loans and consideration of the impact of the Program on other governmental units be adopted; and WHEREAS, the City now desires to amend the Program to include the comments of the Metropolitan Council Staff; NOW, THEREFORE, the City hereby amends the program as follows: 1. The following paragraphs (22) and (23) are added to Subsection 4 of the Program: (22) The housing assistance opportunities provided by this Program will be affirmatively marketed to all housing producers and consumers and will not be restricted only to current residents of the City. (23) In developing this Program, the City has in consultation with its fiscal advisor considered the potential financial impact on affected public agencies. L__J