HomeMy WebLinkAboutCity Council Resolution 2002-360CITY OF PLYMOUTH
RESOLUTION NO. 2002-360
APPROVING THE COMMITMENT OF $236,000 FROM THE TAX
INCREMENT HOUSING ASSISTANCE PROGRAM FOR THE STONE CREEK
VILLAGE PROJECT
WHEREAS, the City of Plymouth has identified a need to increase the availability of
affordable housing opportunities to assist low and moderate income households in
obtaining housing in the City; and
WHEREAS, the City of Plymouth has received a request for financial assistance from
Dominium Development for the Stone Creek Village project; and
WHEREAS, City Staff has reviewed the request for financial assistance and has found that
it meets the goals of the HRA and the City; and
WHEREAS, the City of Plymouth has determined that the request for assistance meets the
guidelines of the Tax Increment Housing Assistance Program; and
WHEREAS, the City of Plymouth has fiinds available in its Tax Increment Housing
Assistance Program.
NOW THEREFORE BE IT RESOLVED BY THE PLYMOUTH CITY COUNCIL OF
THE CITY OF PLYMOUTH, MINNESOTA that it hereby approves the commitment of
$236,000 from its Tax Increment Housing Assistance Program for the Stone Creek
Village apartment project.
Adopted by the Plymouth City Council on August 13, 2002.
Resolution No. 2002-360
Page 2 of 2
STATE OF MINNESOTA)
COUNTY OF HENNEPIN) SS.
The undersigned, being the duly qualified and appointed City Clerk of the City of
Plymouth, Minnesota, certifies that I compared the foregoing resolution adopted at a
meeting of the Plymouth City Council on August 13, 2002, with the original thereof on
file in my office, and the same is a correct transcription thereof.
WITNESS my hand officially as such City Clerk and the Corporate seal of the City this
day of
City Clerk