HomeMy WebLinkAboutCity Council Resolution 1997-668J
CITY OF PLYMOUTH
RESOLUTION NO. 97 - "ll
Authorizing the Execution of a ':,operation Agreement with the Plymouth Homing and
Redevelopment Authority and the Minneapolis Public Housing Authority to Include 6
Metropolitan Housing Opportunities Program Units at the Shenandoah Woods
Apartmenb
WHEREAS, the Minneapolis Public Homing Authority in and for the City of Minneapolis (the
"MPHA") holds an Annual Contributions Contract ("MPHA ACC') from the United States
Department of Housing and Urban Development ("HUD') for funding the capital and operating
costs of low tent public housing units and projects throughout the Minneapolis -St. Paul Twin
Cities metropolitan area pursuant to a certain decree entered in United States District Court (the
"Consent Decree'); and
WHEREAS, the MPHA has established the Metropolitan Housing Opportunity Program
("MHOP") pursuant to which it will cooperate with suburban counties and municipalities in the
construction and operation of qualified housing units (the "MHOP Units'); and
WHEREAS, Fransen Real Estate, Inc., on behalf of Shenandoah Woods Limited Partnership
(the "Owner'), has applied to the MPHA and to the Housing and Redevelopment Authority in
and for the City of Plymouth ("HRA') to locate six (6) MHOP Units in a 64 -unit multifamily
housing development to be known as Shenandoah Woods (the "Development') to be located
within •he City of Plymouth, Minnesota (the "City'); and
WHEREAS, as part of the funding of the MHOP Units, HUD requires that the City agree,
pursuant to the authority granted the City by Minnesota Statwes, 469.040, to exempt the MHOP
Units from property taxation in consideration of agreement by the MPHA and the HRA to
subject said units to payments in lieu of taxes; and
WHEREAS, the vehicle for approving such tax treatment is a Cooperation Agreement between
and among the MPHA, the HRA and the City
NOW, THEREFORE, BE IT REOLVED BY THE CITY COUNCIL OF THE CITY OF
PLYMOUTH, MINNESOTA, that the Cooperation Agreement with the Plymouth Housing and
Redevelopment Authority and Minneapolis Public Housing Authority is hereby approved in
substantially the attached form; that the Mayor and City Manager of the City are authorized to
execute said Cooperation Agreement on behalf of the City; that the Mayor and City Manager are
authorized to make such changes in said Cooperation Agreement as are not inconsistent with the
spirit and purpose thereof, and that this Resolution shall take effect immediately.
Adopted by the Plymouth City Council on November 5 1997.
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