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HomeMy WebLinkAboutResolution - 82-174 - Housing and Redevelopment Authority for Eden Prairie - 08/03/1982 RESOLUTION NO, 52-174A RESOLUTION AS TO THE MUNICIPAL HOUSING AND REDEVELOPMENT AUTHORITY IN AND FOR THE CITE' OF EDEN PRAIRIE, MINNESOTA WHEREAS, the Eden Prairie Chamber of Commerce, Housing Committee has recently concluded a study on the availability and need for housing, both ownership and rental, in the City of Eden Prairie, and has released the Eden Prairie Chamber of Commerce, Housing Committee Report, dated as of January 8, 1982 (the "Chamber Report"); and WHEREAS, the Chamber Report concluded that Eden Prairie's single most important housing need is to alleviate the shortage of rental housing, as evidenced by a 100% occupancy rate of existing rental units; and WHEREAS, the Chamber Report determined that, as of March, 1981, the City of Eden Prairie had 751 units of rental housing of which only 455 are market rate rental apartment units, posing an ever-increasing problem for the City's businesses and industries as they compete for employees in need of permanent or temporary rental housing; and WHEREAS, the Chamber Report has further found: that construction of new rental housing is virtually impossible due to high interest rates; that housing needs for blue collar workers, clerical workers, singles, and temporary occupants have not been accomodated; and that the City of Eden Prairie needs unique financing arrangements to attract money into the residential housing market; and WHEREAS, the Metropolitan Council has adopted, as of July 26, 1979, the Amendments to the Housing Chapter of the Metropolitan housing Guide, in which it defined the City of Eden Prairie's fair share of area wide need for low and moderate income housing opportunities ten-year goal to be a range of 760 units to 1,900 units; and WHEREAS, published notice was given in the Eden Prairie News on June 24 , 1982, as to the matter of the establishment of a Housing and Redevelopment Authority in and for the City of Eden Prairie, Minnesota, said published notice being incorporated herein by reference; and WHEREAS, by motion of the City Council, the public hearing with respect to the matter of the establishment of a Housing and Redevelopment Authority in and for the City of Eden Prairie was continued until the July 20, 1982 meeting of the City Council of Eden Prairie, and was further continued until the August 3, 1982 meeting of the City Council of Eden Prairie; and WHEREAS, said public hearing was held on said matter on August 3, 1982, pursuant to said notice and the council having heard all persons, objections and recommendations relative thereto and having fully considered the same; NOW, THEREFORE, BE IT RESOLVED, by the Council of the City of Eden Prairie that; the City Council of the City of Eden Prairie finds and determines that in the City of Eden Prairie, (1) There is a shortage of decent, safe, and sanitary dwelling accomodations available to persons of low and moderate income and their families. Private enterprise is unable to alleviate such shortage and to provide a substantial supply of decent, safe and sanitary housing without government subsidy at prices or rents within the financial means of persons and families of such incomes. This shortage is inimical to the safety, health, morals and welfare of the residents of the City of Eden Prairie and to the sound growth and development of the City of Eden Prairie. (2) That there is a need for a housing and redevelopment authority to function to alleviate said shortage in the City of Eden Prairie, this finding and the foregoing findings being made after consideration, amongst other things, of the need to provide low and moderate income families with housing opportunities at prices or rents within their financial means, the need to encourage the development of vacant, open and undeveloped lands, and the need to insure the sound growth, development and financial stability of the City of Eden Prairie. Adopted by the Council on the 3rd day of August ,,1982. Yeas: Nays: Approved 26 Attest Mayor 7 ' ity Clerk