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HomeMy WebLinkAboutHousing & Redevelopment Authority Resolution 93-04HRA RESOLUTION 9344 RESOLUTION APPROVING THE USE OF UP TO $2,000 OF SECTION 8 OPERATING RESERVE FUNDS FOR TAE CREATION OF A 501 C3 NON-PROFIT CORPORATION WHEREAS, the City of Plymouth and the Plymouth Housing and Redevelopment have agreed to the development of a recently platted single family lot on the southeast corner of County Road 9 and Fernbw* Lane North for the purposes of developing an affordable single family home; and, WHEREAS, the Plymouth Housing and Redevelopment Authority believes it would be appropriate to create a non-profit 501 c3 corporation to act as the entity to develop this project and projects of a similar nature, under the title of "Plymouth Housing Alliance"; NOW, E, BE IT HiR MY RESOLVED BY THE HOUSING AND RBDEvELopMBNT AUTHORITY OF THE CITY OF PLYMOUTH, MINNBSOTA, that City staff be authorized to utilize up to $2,000 from the Section 8 operating reserve fund for the cresion of a non-profit corporation titled "Plymouth Housing Alliance". Adopted by the Housing and Redevelopment Authority on April 20, 1993. res.phallia)