HomeMy WebLinkAbout83-02Resolution No. 83 -2
A resolution delegating the housing powers of
Minnesota Statutes Chapter 462C and Minnesota
Statutes, Sections 462.411 to 462.705 to the Dakota
County Mousing and Redevelopment Authority.
WHEREAS, Minnesota Statutes Chapter 462C (the "Act ") authorizes the
City of Lakeville (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 Act authorizes the City to delegate all of its powers and
duties under the Act to the Dakota County Housing and Redevelopment Authority
(the "Dakota County HRA "); and
WHEREAS, as Laws of 1971, Chapter 333 as amended which provided for the
establishment of the Dakota County HRA, require the Housing and Redevelopment
Authority in and for the City of Lakeville (the "HRA") to adopt a resolution
delegating its housing powers to the Dakota County HRA prior to the exercise of
housing powers by the Dakota County HRA within the City of Lakeville; and
WHEREAS, the Act requires the adoption of a housing plan (the 'dousing
Plan ") after a public hearing held after the publication of notice of the hearing at
least thirty (30) days prior to the public hearing; and
WHEREAS, the Housing Plan may contain specific housing programs which
describe specific bond issues the proceeds of which will be used to purchase
mortgage loans made to finance the acquisition of single family housing units
located within the City; and
WHEREAS, the Dakota County HRA has prepared a Housing Plan which
includes a 1984 Single Family Residential Revenue Bond Program (the "Program ")
pursuant to the Act; and
WHEREAS, the City and the HRA desire to delegate the powers of the Act
to the Dakota County HRA.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF
COMMISSIONERS OF THE HOUSING AND REDEVELOPMENT AUTHORITY IN
AND FOR THE CITY OF LAKEVILLE:
That the Dakota County Housing and Redevelopment Authority is hereby
authorized to exercise the housing powers granted by the Act and by Minnesota
Statutes Sections 462.411 to 462.705 within the City of Lakeville.
Adopted this 21st day of November , 1983.
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