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HomeMy WebLinkAboutCity Council Resolution 2004-068CITY OF PLYMOUTH RESOLUTION NO. 2004-068 Permitting the Hennepin County Housing and Redevelopment Authority to Participate in the Willow Woods Apartment Project being renovated by Dominium Development WHEREAS, the Hennepin County Housing and Redevelopment Authority (HCHRA) in Resolution No. 03-HCHRA-21A has approved the use of a $270,000 Affordable Housing Incentive Fund loan for the Willow Woods Apartment project, contingent upon the City of Plymouth's consent to the HCHRA's participation in the project; and WHEREAS, Staff has reviewed the Willow Woods Apartment project and has determined that it is consistent with the goals of the City of Plymouth and the Plymouth Comprehensive Plan adopted in 2000; and WHEREAS, the Willow Woods Apartment project will preserve the supply of affordable housing in the City of Plymouth by renovating 40 units of affordable housing; and WHEREAS, the loan from the HCHRA will complete the financing required for the project to go forward. BE IT RESOLVED, that the participation of the Hennepin County Housing and Redevelopment Authority in the project is hereby approved. Adopted by the Plymouth City Council on February 10, 2004. STATE OF MINNESOTA) COUNTY OF HENNEPIN) SS. The undersigned, being the duly qualified and appointed City Cleric of the City of Plymouth, Minnesota, certifies that I compared the foregoing resolution adopted at a meeting of the Plymouth City Council on February 10, 2004, with the original thereof on file in my office, and the same is a correct transcription thereof. WITNESS my hand officially as such City Cleric and the Corporate seal of the City this day of City Cleric