HomeMy WebLinkAboutHousing & Redevelopment Authority Resolution 87-06CITY OF PLYMOUTH
Pursuant to due call and notice thereof, a regular meettnq of the Housino and
Redevelopment Authority of the City of Plymouth, Minnesota, was held on the 19th dd)
of November , 1987. The following members were present: Chairman Net
Comm ss overs tzma2audevissie and Crain
i e foLlowing members were absent: Commissioner Hillstrom
ass w. rr*
Commissioner Gutzman Introduced the following Resolution and moved it.s
a opt on:
HRA RESOLUTION NO. 87-06
RECOMMENDING REUECTION OF ALL PROPOSALS FOR ELDERLY HOUSING DEVELOPMENT
WHEREAS, the City has utilized Community Development Block Grant funds to acaulre
property for, and undertake planning activity related to the development of senior
citizen housing; and
WHEREAS, the City has reviewed the needs and demand for senior citizen housing,
Including the preparation of a professional study and survey; and
WHEREAS,. the City has attempted to find private sector development resources which
would produce subsidized housing that would be in compliance with federal guidelines
and standards as mandated by the Community Development Block Grant program; and
WHEREAS, the most recent of several efforts to procure a realistic development proposal
has been completed and the three proposals received have been reviewed the City's
financial consultant and by the Housing and Redevelopment Authority; and
WHEREAS, the Housing and Redevelopment Authority considered all of the information
provided by the proposals and by the financial consultant In the deliberation of the
project in general and the proposals in particular.
NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE PLYMOUTH HOUSING AND REDEVELOPMENT
AUTHORITY that it should, and hereby does, recommend to the City Council that all.
proposals be rejected due to the substanLIat and excess-`ve local financial commitment
requirement;
FURTHER, the City staff should be directed to determine options available to th;; City
relative to site disposition and assemble and prepare options with evaluations of how
market rate housing might be developed with some effort by the pity, but without
federal program constraints.
The motion for adoption of the foregoing Resolution was duly seconded by
Commissioner Ludovissie , and upon vote being taken thereon, the
following vote n favor thereof: Chair -man Neils, Commissioners Cutzman,
Ludovissle and Crain
The following voted against or abstained:. None
Whereupon the Resolution was declared duty paised and a opte .