RES 14-03 iitiV.,
Elk
River
Resolution No. 14-03
A Resolution of the Housing and Redevelopment Authority in and for the City of
Elk River Approving a Redevelopment plan for an Owner-occupied Housing
Rehabilitation Program
WHEREAS, the HRA has proposed to undertake a program (the "Program") to assist in the
rehabilitation of owner-occupied single-family homes by making loans to qualifying homeowners in
a targeted area in the City of Elk River (the "City") pursuant to a Redevelopment Plan (the
"Redevelopment Plan") for the Program, adopted in accordance with Minnesota Statutes,
Sections 469.001 to 469.047 (the "HRA Act");
WHEREAS, the HRA has caused to be prepared and has previously approved the Owner-
Occupied Housing Rehabilitation Program Policies and Procedures (as modified, the "Procedures")
setting forth, among other things, the terms and conditions under which the HRA will make loans
to qualifying homeowners, a copy of which is on file with the HRA Executive Director, along with
related Program documents, including but not limited to an Administrative Agreement with Central
Minnesota Housing Partnership, Inc. to administer the Program (collectively, as modified, the
"Program Documents");
WHEREAS, the City Planning Commission has provided a written comment to this Board finding
that the Redevelopment Plan is consistent with the City's comprehensive plan;and
WHEREAS, the HRA has requested that the City hold a public hearing regarding the
Redevelopment Plan duly noticed in accordance with the HRA Act.
NOW, THEREFORE, BE IT RESOLVED by the Board of Commissioners (the "Board") of
the Housing and Redevelopment Authority in and for the City of Elk River, Minnesota (the "HRA")
as follows:
Section 1. Findings;Plan Adopted; Further Proceedings.
1.01. The Board finds that there exists a need in the City to provide financial assistance for the
rehabilitation of residential properties in the Project Area (as defined in the Redevelopment Plan);
that the Program will provide for the rehabilitation of owner-occupied housing property located in
the Project Area; and that the activities to undertake the Program, all in accordance with the
Procedures and the Redevelopment Plan, constitute a "redevelopment project" pursuant to
Minnesota Statutes, Section 469.002, subd. 14(5).
1.02. The Board further finds that: (a) the land within the Project Area would not be available for
redevelopment without the financial aid to be sought under the Redevelopment Plan; (b) the
Redevelopment Plan will afford maximum opportunity, consistent with the needs of the City as a
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whole, for the development of the Project Area by private enterprise; and (c) that the
Redevelopment Plan conforms to the general plan for the development of the City as a whole.
1.03. The Board further finds, declares and determines that the Board made the above findings
stated in this Section based on the supporting facts described in the Redevelopment Plan, which is
incorporated herein in its entirety.
1.04. The Redevelopment Plan is hereby approved and adopted.
1.05. The Board hereby transmits the Redevelopment Plan to the Council and recommends that the
Council hold the required public hearing and adopt the Redevelopment Plan.
1.06. Upon approval of the Redevelopment Plan by the Council, HRA staff and consultants are
authorized to take all actions necessary to implement the Redevelopment Plan.
Section 2. Approval of Program.
2.01. The HRA hereby reaffirms and approves the Procedures, as modified, and finds, determines
and declares that it is in the public interest of the residents of the City that the Program as described
in the Redevelopment Plan and the Procedures be undertaken by the HRA in accordance with the
HRA Act.
2.02. The Program Documents, as modified, are hereby in all respects approved, in substantially the
forms submitted, together with any related documents necessary in connection therewith, and the Chair
and Executive Director are hereby authorized and directed to execute the Program Documents, as
needed from time to time (including without limitation in connection with initiating the Program and
originating loans) on behalf of the HRA and to carry out, on behalf of the HRA, the HRA's obligations
thereunder.
2.03. The approval hereby given to the Program Documents includes approval of such additional
details therein as may be necessary and appropriate and such modifications thereof, deletions therefrom
and additions thereto as may be necessary and appropriate and approved by legal counsel to the HRA
and by the Chair and Executive Director prior to executing said documents;and said officers are hereby
authorized to approve said changes on behalf of the HRA. The execution of any instrument by the
Chair and Executive Director shall be conclusive evidence of the approval of such document in
accordance with the terms hereof. In the event of absence or disability of said officers, any of the
documents authorized by this Resolution to be executed may be executed without further act or
authorization of the Board by any duly designated acting official, or by such other officer or officers of
the Board as,in the opinion of the City Attorney,may act in their behalf.
Passed and adopted this 7th day of July, 2014.
Stewart Wilson,HRA Chair
Attest:
_rge„friu.t.„
Brian Beema ,HRA Executive Director
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