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HomeMy WebLinkAboutResolution 1455 d C�t� o� ORONO • - . . � RESOLUTION OF THE CITY COUNCIL . � NO. 1455 • � � • • RESOLUTION AUTHORIZING THE METROPOLITAN COUNCIL TO IMPLEMENT THE RENTAL REHABILITATION LOAN PROGRAM _ __. AND THE SECTION 8 MODERATE REHABILITATION PROGRAM WITHIN THE CITY OF ORONO. WHEREAS , The City of Orono desires to assist lower income families and individuals to obtain adequate housing . in the City of Orono at an affordable price; and to accomplish the purpose of undertaking a program of providing technical assistance and loans to property owners for the purpose of rehabilitat- ing rental units for occupancy by low-and moderate-income families and individuals; and to aceomplish the purpose� of undertaking a program of subsidizing rent payments to land- lords who provide adequate housing to such families and individuals; and . WHEREAS, the Metropolitan Council has been duly organized pursuant to Minnesota Statutes 473 . 123; and has been designated a housing and redevelopment authority pursuant to Minnesota Statutes 473. 193 , with the powers and duties of a housing • � and redevelopment authority under the provisions of the Minnesota Housing and Redevelopment Authority Act, Minnesota Statutes 462 .411 to 462 .711,� and the acts amendatory thereto; and � WHEREAS, the City of Orono and the Metropolitan Council desire to encourage the stabilization, revitalization, and rehabilitation of the rental property in the City of Orono; and WHEREAS, the City of Orono has determined that a program to encourage the rehabilitation of rental units is consistent with the housing goals of the City and consistent with the City' s _ public interest. NOW, THEREFORE, BE IT RESOLVED BY THE CITY OF ORONO that the Metropolitan Council is hereby authorized to implement the Rental Rehabilita- tion Loan Program to encourage the rehabilitation of affordable private rental units, and to implement the Section 8 Moderate � Rehabilitation. Program to provide rent assistance to lower-incom� families and individuals in eligible units within the City of Orono, and that the city administrator is hereby authorized to enter into an agreement with the Metropolitan Council for the opera.tion of such programs within the City. Adopted by the City Council of the City of Orono at their regular meeting 6 � on January 24 , 198`3 by a vote of 5 Ayes and 0 Nays. C ���i��%� G'/7, Mary C. Bu er, Mayor Alberta M. Strom, City Clerk