RES 09-01 ELK RIVER HOUSING AND REDEVELOPMENT AUTHORITY
III COUNTY OF SHERBURNE
STATE OF MINNESOTA
RESOLUTION 09-01
RESOLUTION AUTHORIZING RECEIPT AND IMPLEMENTATION OF
THE NEIGHBORHOOD STABILIZATION PROGRAM (NSP) GRANT
WHEREAS, on January 26, 2009 the Elk River Housing and Redevelopment Authority
(the "Authority") authorized submittal of the Neighborhood Stabilization Program Grant (the
"Grant") to the Minnesota Housing Finance Agency, a public body corporate and politic of
the State of Minnesota, 400 Sibley Street, St. Paul,Minnesota 55101 (the "Agency"); and
WHEREAS, on February 27, 2009, the Elk River Housing and Redevelopment Authority
was awarded a Neighborhood Stabilization Program Grant by the Minnesota Housing Finance
Agency,in a sum not to exceed$593,820, the terms and receipt of which will be evidenced by
a Neighborhood Stabilization Program Grant Agreement between the Elk River Housing and
Redevelopment Authority and the Agency (the "Grant Agreement");
NOW THEREFORE,BE IT RESOLVED by the Board of Commissioners of the Elk
River Housing and Redevelopment Authority that the following officer(s) are authorized to
1111 execute and deliver the Grant Agreement on behalf of the Elk River Housing and
Redevelopment Authority, at anytime hereafter and without further action taken by or
authority or discretion from the Elk River Housing and Redevelopment Authority:
Stewart Wilson Housing and Redevelopment Authority Chair
Catherine Mehelich Housing and Redevelopment Authority Executive Director
BE IT FURTHER RESOLVED, that the authorized signer(s) named above are authorized
and directed on behalf of the Elk River Housing and Redevelopment Authority, at any time
and from time to time hereafter and without further action by or authority or direction from
the Elk River Housing and Redevelopment Authority, to execute and deliver the Grant
Agreement, and all such other further agreements, assignments, statements, instruments,
certificates and documents and to do or cause to be done all such other and further acts and
things as such officer(s) may determine to be necessary or advisable under or in connection
with the Grant, and that the execution by such officer(s) of any such agreement, assignment,
statement, instrument, certificate or document, or the doing of any such act or thing, shall be
conclusive evidence of their determination in that respect;and
BE IT FURTHER RESOLVED, that the Agency be and hereby is authorized to rely on the
continuing force and effect of these Resolutions, until receipt by the Commissioner of the
Agency at its principal office of notice in writing from the Elk River Housing and
Redevelopment Authority of any amendments or alterations thereof.
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• DATED: April 6,2009 �- j7P
Stewart Wilson, Chair
AYES .
Ca i erine Mehe ch, Executive Director
•
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