04-087 RES
CITY OF ELK RIVER
RESOLUTION
04-8 7
RESOLUTION OF THE CITY OF ELK RIVER REQUESTING DESIGNATION OF THE
HOUSING AND REDEVELOPMENT AUTHORITY OF THE CITY OF ELK RIVER
AS A LOCAL DEVELOPMENT ORGANIZATION
WHEREAS, the City of Elk River (the "City") would like to better utilize the Small Cities
federal funds; and,
WHEREAS, the City by resolution, can request from the Minnesota Department of
Employment and Economic Development (DEED), authorization to transfer federal
Small Cities Development Program (SCDP) funds to a Local Development Organization
(LDO); and,
WHEREAS, the Housing and Redevelopment Authority of the City of Elk River (the
"HRA") is interested in being designated as an LDO and is a non-profit organization
serving the housing and community development needs of the City of Elk River; a non-
entitlement area; and,
WHEREAS, the HRA shall adopt procedures and guidelines for the use and/or reuse of
the federal funds, any recapture of the federal funds, plus interest accrued, earned or
paid thereon, if any.
NOW, THEREFORE BE IT RESOLVED by the City Council of the City of Elk River that
the City hereby requests approval from DEED to designate the HRA as a Local
Development Organization (LDO), serving the housing and community development
needs of the City.
I CERTIFY THAT the above Resolution was adopted by the City Council of the City of
Elk River on the 151 day of November, 2004.
SIGNED:
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WITNESSED:
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Date
S:\Downtown Revilalization\DEED Granl\LDOILDO Resolution.doc