HomeMy WebLinkAboutHousing & Redevelopment Authority Resolution 93-19BRA RESOLUTION 93-19
APPROVAL OF THE USE OF A PORTION OF SECTION 8 OPERATING RES13RVE TO
POND COSTS DSDOCIATBD DEVELOPMENT
ON
OF AFFORDABLE
NON-
PROFITUSING
ON
HOUSING
ROCKFORD
ORGANIZATION
WHERE", the Plymouth Housing and Redevelopment Authority believes there is a need to
Ww every opportimity to Promote dbrdable housing in the city of Plymouth; and,
WHEREAS, the plymouth HRA has already purchased property Platted as Rocldbrd Additionforthedevelopmentofasinglefamilyhometobesoldatareducedpricetoalowerincmne
Plymouth family; and,
WHEREAS, the need exists for establishment of a fund for the purposes of Paying forassociatedcostsinvolvedindevelopmentofthissiteandforcreationofamon-profit
organhza . to continue thio activity in the future;
NOW, Ti Off, BE IT HEREBY RESOLVED BY THE HO ING
A that a
AND
DEVELOPMENT AUTHORITY OF THE CITY OF PLYMOUTH, MMES
funds
special short-term
ubli g
e the M A site and
to be established designated purposes of
creation of a non-profit orgaahzation.
FURTHW the Finance Director for the City of Plymouth shall be the person responsible for
holding of these funds and dost any expenditure over $200, with the exception of
administrafive costs, be approved by the Plymouth HRA.
Adopted by the Plymouth Housing and Redevelopment Authority on September 21, 1993.
res:brapbaor)
0