HomeMy WebLinkAbout2017-185 CCRMember Kris Lawrence-Anderson introduced the following resolution
and moved its adoption:
RESOLUTION NO. 2017-185
RESOLUTION GRANTING APPROVAL TO THE HENNEPJIN COUNTY
HOUSING AND REDEVELOPMENT AUTHORITY TO PROVIDE A DIRECT
CONTRIBUTION AND FILE AN AFFORDABILITY COVENANT ON THE
LYNWOOD POINTE APARTMENT COMPLEX PID NUMBER: 26-119-21-
44-0070
WHEREAS, the property PID 26-119-21-44-0070 is located in the City of
Brooklyn Center; and
WHEREAS, the property PID 26-119-21-44-0070 is a rental property and was
purchased by Aeon and was financed by two funds designed to preserve naturally occurring
affordable housing: the GMHF NOAH Impact Fund; and the Enterprise Multifamily Opportunity
Fund; and
WHEREAS, Hennepin County Housing and Redevelopment Authority Board has
approved an action to provide a direct contribution to the Lynwood Pointe Apartments PID
number 26-119-21-44-0070.
NOW, THEREFORE BE IT RESOLVED by the City Council of the City of
Brooklyn Center, Minnesota that:
1. That the Brooklyn Center City Council Grants approval to the Hennepin
County Housing and Redevelopment Authority to provide a direct
contribution and file an affordability covenant on the Lynwood Pointe
Apartment Complex PID Number 26-119-21-44-0070.
November 27, 2017
/
Date Mayor
ATTEST: !h4u1,1( 9"k-
City Clerk
The motion for the adoption of the foregoing resolution was duly seconded by member
April Graves
and upon vote being taken thereon, the following voted in favor thereof:
Tim Willson, Marguita Butler, April Graves, Kris Lawrence-Anderosn, Dan Ryan