HomeMy WebLinkAboutCity Council Resolution 2002-391CITY OF PLYMOUTH
DRAFT RESOLUTION NO. 2002-391
AUTHORIZING THE EXECUTION OF A COOPERATION AGREEMENT BETWEEN THE
PLYMOUTH HOUSING AND REDEVELOPMENT AUTHORITY (HRA) AND THE
MINNEAPOLIS PUBLIC HOUSING AUTHORITY (MPHA) TO INCLUDE 13
METROPOLITAN HOUSING OPORTUNITY PROGRAM UNITS FOR THE STONE CREEK
VILLAGE APARTMENT PROJECT
WHEREAS, the Minneapolis Public Housing 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 rent
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
constriction and operation of qualified housing units (the "MHOP Units"); and
WHEREAS, Dominium Development, Inc., on behalf of Plymouth Leased Housing Associates,
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 thirteen (13) MHOP Units in a 130 -unit
multifamily housing development to be known as Stone Creek Village (the "Development') to be located
within the City of Plymouth, Minnesota (the "City"); and
WHEREAS, as part of the fiinding of the MHOP Units, HUD requires that the City agree,
pursuant to the authority granted the City by Minnesota Statutes, 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 RESOLVED 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 August 27, 2002.
Resolution No. 2002-391
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 27, 2002, with the original therefore on file in my office, and the same is a correct transcription
thereof.
WITNESS my hand officially as such Executive Director and the Corporate seal of the Authority this
day of
City Clerk