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HomeMy WebLinkAboutResolution - 82-239 - Relating to Issuance of Revenue Bonds for Multi Family Housing - Baypoint Manor - 10/05/1982 { CEE TIFICATIO_v OF MINUTES RELATING TO CHAPTER 462C HOUSING PROGIR—AIM Issuer : City of Eden Prairie , Minnesota Governing Body: City Council rind , data , time and place of meeting: a regular meeting held on October 5 , 1982 , at 7: 30 o ' clock P .M . at the City Hall . ?1!e7.:oers present : Mayor Wolfgang H. Penzel , George Bentley , Paul Redpath and George Tangen McTabers absent: Dean Edstrom Documents attached: Minutes of said meeting (pages) : Resolution No . 82-239 RESOLUTION RELATING TO THE ISSUANCE OF REVENUE BONDS PURSUANT TO CHAPTER 462C , l-II14NESOTA STATUTES ; ADOPTING A MULTIFA1,1ILY HOUSING PROGRAM I , the undcrsigr_ed, being the duly qualified and acting record-inc officer of the public corporation issuing the above-stated onli cgati ons , certi_y that the documents described above and attached hereto have been transcribed from and carefully compared with the co-porati rn ' s origir_a1 records in my legal custody ; that the documents are a correct and complete transcript of the m:Lnutes of a meeting of the Corpor�t.ion ' s governi na body and correct and complete copies of all resolutions , other actions taken and documents approved at the meeting by the aoverning body so far as they relate to the obligations ; and that t.ze meeting was duly held by the gcverning body at the time and place an(:: was attended throughout by tra` members indicated above , pursuant to call and notice of such meeting given as required by law. WITLNIESS my hand officially as such recording officer on October 5 . 1982 . i Signature John D . Frane , City Clerk !varie and Title (SEAL} RESOLUTION RELP.TING TO THE ISSUANCE OF p�VF.'__�U^ __BONDS PURSUANT TO CHAPTER 462C, `IINNF7 SO^ . STATUTES; ADOPTIN'"' A MJLT1F=-2,!1LY HOUSING PROGPL7�_M BE IT -RESOLVED 'tby the City Council of the City of Eden Prairie , Minnesota (the City) , as follows : Section 1 . Reci tals . 1 . 01 . By the provisions of Minnesota Statutes , Charter 462C , as amended ( the Act) , the City is authorized to plan , adin.`.ni ster, issue and sell revenue bonds or obligations to rake or purchase_ Loans to finance one or more multifamily housing developments within its boundaries which revenue bonds or obligations shall. be payable solely from the revenues of the development. 1 . 02 . The -'Act provides that , prior to issuing revenue bonds or obligations to finance a multil amil.y housirig development , the Cite must develop a housing plan and , after holding a public hearing thereon after notice published at least thirty days prior thereto , submit the housing plan for review to Metropolitan Council . 1 . 03 . On February 2 , 1982 , after thirty days published notice , this Council adopted the City of Eden Prair:Le ' s Co_,ir_'re-henslve Guide Plan and FiO:_'.sinC Assi stark-3 Plan (which in the Housing Chapter of the Comprehensive Guide Plan) . The Comprehensive Guide Plan was approved by Metropolitan Council pursuant to Subdivision 1 of Section 462C . 04 of the Act on March 11 , 1982 _ 1 . 04 . The Act further provides that the City may plan, administer and make or purchase a loan or loans to finance one or more developments of the kinds described in Subdivi.s -i ons 2 , 3 , 4 and 7 of Section 462C . 05 of the Act after a public hearing thereon and upon approval by the Minnesota Housing Finance Agency as provided by Section 462C . 01 of the Act on the basis of the considerations stated in Section 462C . 04 of the Act. 1 . 05 . The City has caused to be prepared a program for a multifamily housing developmF.nt pursuant to the require- ments of Subdivision S of Section 462C . 05 of the Act (the Procram) . A public hearing was held on the Program on 0ctober 5 , 1982 ; notice of said public hearing was published in the Eden Prairie mews and the Minneapolis Star and Tribune at least thirty, days prior to the date of the hearing . A]_1 parties wishing to be� heard were heard . Section 2 . Approvals and Authorization . 1 . 01 . The Program is hereby adopted by the City pursuant to Subdivision 5 of Section 462C . 05 of the Act. 1 . 02 . The Mayor, City Manager, City Clerk and other officers and employees of the City are hereby authorized to submit the Program, accompanied by the Housing Plan, to Metropolitan Council for review and comment to Minnesota Housing Finance Agency for review and approval pursuant to Subdivisions 1 and 2 of Section 462C . 04 of the Act . Passed and adopted by the Cit ,, Council of the City of Eden Prairie this 5th day of. Octob / 1982 . v Mayor Attest : Cit erk The motion for the adoption of the foregoing resolution was duly seconded by Member George Tangen , and upon vote being taken -thereon, the following voted in favor thereof : Penzel , Bentley, Redpath and Tangen and the following voted against the same : none Whereupon the resolution was declared duly passed and adopted and was signed by the Mayor and attested by the City Clerk . CERTI_'ICATIOiI Or MINUTES RELATING TO CHAPTER 462C HOUSING PROGRAM Issuer : City of Eden Prairie, Minnesota Governing Body : City Council rind , date , time and place of meeting: a regular meeting held on October 5 , 1982 , at 7: 30 o ' clock p .m . at the City Hall . Me:abers present: Mayor Wolfgang H. Penzel , George Bentley, Paul Redpath , and George Tangen Mle:7dj-ers absent: Dean Edstrom Docu_-ments attacned: Minutes of said meeting (pages) : Resolution No . 82-239 RESOLUTION RELATING; TO THE ISSUANCE OF REVENUE BONDS PURSUANT' TO CHAPTER 462C, MINNESOTA STATUTES; ADOPTING A MULTIFAMILY HOUSINNG PROGRAM I , the u-n6ersigned, being the duly qualified and acting recordinc officer o= the public corporation issuing the above-stated cblications , certiiv that the documents described above and attached hereto have been transcribed from and carefully compared with the co-corati cn ' s original records in my legal custody ; that the documents are a correct and. cc:.olete transcript of the minutes of a meeting of the Corcc-ration ' s covernina body and correct and complete copies of all resolutions , other_ actions taken and documents approved at the meeting by the governing body so far as they relate to the obligations ; and tn-t the meeting was duly held by the gcverning body at the time and place and was attended throughout by the niembers indicated above , pursuant to call and notice of such. meeting given as required by law. WI=MESS my hand officially as such recording officer on October 5, 1982 . ignature John_ D. Frane_, City Clerk Name and 'Title (SE:.L) RESOLUTION PF.LATING TO THE ISSUANCE O'F REVE.';U -,ONDS PURSUANT TO CHAPTER j 462C , �,_INNESO^ STATUTES ; ADOPTIN'. A 2rUL T IF A?-:ILY HOUSING PROGRAM BE IT RES=,TED by the City Council of the City of Eden Prairie, Minnesota ( the City) , as follows : Section 1 . Recitals . 1 . 01 . By the provisions of Minnesota Statutes , Chapter 462C , as amended (the Act) , the City is authorized to plan, adni-inister , issue and sell revenue bonds or obligations to make or purchase loans to finance one or more multifamily housing developments within its boundaries which revenue bonds or obligations shall be payable solely from the revenues of the development . 1 . 02 . The Act provides that, prior to issuing revenue bonds or obligations to finance a multifamily housing development , the City must develop a housing plan and , after holding a public hearing thereon after notice published at least thirty da,.'s prior thereto , submit the housing plan for review to r,ietropolitan Council . 1 . 03 . On February 2 , 1982 , after thirty days published notice , this Council adopted the City of Eden Prairie ' s Co_n rehensi ve Guide Plan and Ho-,_sing Assistance Plan (which is within the Housing Chapter of the Comprehensive Guide Plan) . The Co7i.prenensive Guide Plan was approved by Metropolitan Council rursuant to Subdivision 1 of. Section 462C . 04 of the rct on March 11 , 1982 . 1 . 04 . The Act further provides that the City may plan, administer and make or purchase a loan or loans to finance one or more development_ of the kinds described in Subdivisions 2 , 3 , 4 and 7 of Section 462C . 05 of the Act after a public hearing thereon and upon approval by the Minnesota Housing Finance agency as provided by Section 462C . 01 of the Act on the 1-:asis of the considerations stated in Section 462C . 04 of the Act . 1 . 05 . The City has caused to be prepared a program for a multifamily housing development pursuant to the require- ments of Subdivision 5 of Section 462C . 05 of the Act (the Procram) . A public hearing was held on the Program on October 5 , 1982 ; notice of said public hearing was published in the Edon Prair_i e Nc%,.s and the Minneapolis Star and Tribune at least thirty c�_ys prior to the date of the hearing . All parties c-.i.shing to be heard were heard . Section 2 . Approvals and Authorization. . µ �. 1 . 01 . The Program is hereby adopted by the City pursuant to Subdivision 5 of Section 462C . 05 of the Act . 1 . 02 . The Mayor, City Manager , City Clerk and other officers and employees of the City are hereby authorized to submit the Program, accompanied by the Housing Plan , to Metropolitan Council for review and comment to Minnesota Housing Finance Agency for review and approval pursuant to Subdivisions 1 and 2 of Section 462C . 04 of the Act. Passed and adopted by the City Council of the City of Eden Prairie this 5th day of Octob� 982 . Mayor Attest : Clerk `fThe motion for the adoption of the foregoing resolution was duly seconded by Member George Tangen and upon, vote being taken thereon , the following voted in favor thereof : Penzel , Bentley, Redpath and Tangen and the following voted against the same : none Whereupon the resolution was declared duly passed and adopted and was signed by the Mayor and attested by the City Clerk . CEZT'IFICATIOIN OF MINUTES RELATING TO CHAPTER Q 6 2C HOUSING P ROGRA14 Issuer : City cf Eden Prairie, Minnesota S f Gover_ni__,c: Body: City Council date , time and place of meeting: a regular meeting held on October 5 , 1982 , at 7: 30 — o ' clock p . m . at the City Hall . me--hers r)resent : Mayor Wolfgang H. Penzel , George Bentley, Paul Redpath , George Tangen MtS:7,bers absent: Dean Edstrom Documents attached: Minutes of said meeting (pages) : Resolution No . 82-239 RESOLUTION RELATING TO THE ISSUANCE OF REVENUE BONDS PURSUANT TO CHAPTER 462C , MINNESOTA STATUTES ; ADOPTING A MULTIFA11ILY HOUSING PROGRA4 I , the =dersigned, being the duly qualified and acting recording officer o= the public corporation issuing the above-stated obligations , certify that the documents described above and attached hereto have been transcribed from and carefully compared with the corporation ' s original records in my legal custody; that the documents are a correct and complete transcript of the minutes of a meeting of the Coruoration ' s governing body and correct and complete copies of all resolutions , other actions taken and documents approved at the meeting by the governing body so far as they relate to the obligations ; and that the meeting was duly held by the governing body at the time and place and was attended throughout by the r-temhers indicated above , pur--sua.n. to call and notice of such meeting given as required by law. WIrl-MESS my hand officially as such .recording officer on October 5 1982 . nature John D . Frane, City Clerk Name and -Title (S L) RESOLUTION RELATING TO THE ISSUA14CE OF :EVE'_;UE BONDS PURSUANT TO CHAPTER 462C , '1INNESO`.r. ST_ TUTES ; i%DOPTIN " A MULTIF=L•1ILY HOUSING PROGFLAM BE IT RESOLVED by the Cit}, Council of the City of Eden Prairie , EX-innesota (the City) as follows : Section 1 . Recitals . 1 . 01 . By the provisions of Minnesota Statutes , Chapter 462C , as amended (the Act) , the City is authorized to plan, adrr, .nis _ issue and sell revenue bonds or oblications to make or purchase loans to finance one or more multifamily housing developments within its boundaries -which revenue ponds or obligations shall be payable solely from the revenues of the development . 1 . 02 . The Act provides that , prior to issuing revenue bcnds or obligations to finance a multifamily housing development, the City must develop a housing plan and , after holding a public hearing thereon after notice published at least thirty days prior thereto , subirdt the housing plan for reviev: to Metropolitan-1 Council . 1 . 03 . On February 2 , 1982 , after thirt-y days published notice, this Council. adopted the City of Eden Prairie ' s Co_,iprehensive Guide Plan and Housing Assistance Plan (which is within the Housing Chapter of the Comprehensive Guide Plan) . The Comprehensive Guide Plan was approved by Metropolitan Council pursuant to Subdivision 1 of Section 462C . 04 of the Act on March 11 , 1982 . 1 . 04 . The Act further provides that the City may plan, administer_ and make or purchase a loan or loans to finance one or more developments of the kinds described in Subdivisions 2 , 3 , 4 and 7 of Section 462C . 05 of the Act after a public hearing thereon and upon approval by the Minnesota dousing Finance Agency as provided by Section 462C . 01 of the Act on the 1:,asis of the considerations stated in Section 462C . 04 of the Act . 1 . 05 . The City has caused to be prepared a program for a multifamily housing development pursuant to the reciuire- ments of Subdivision 5 of Section 462C . 05 of the Act (the Program) . A public hearing was held on the Program on Gctober 5 , 1982 ; notice of said public hearing was published in the Eden Prairie Ne,,.s and the Minneapolis Star and Tribune at least thirty says prior_ to the date of the hearing . All parties wishing to be� heard were heard . Section 2 . Approvals and Authorization . 1 . 01 . The Program is hereby adopted by the City pursuant to Subdivision 5 of Section 462C . 05 of the Act . 1 . 02 . The Mayor , City Manager, City Clerk and other officers and employees of the City are hereby authorized to submit the Program, accompanied by the Housing Plan, to Metropolitan Council for review and comment -to Minnesota Housing Finance Agency for review and approval pursuant to Subdivisions 1 and 2 of Section 462C . 04 of the Act . Passed and adopted by the City ounci.l of the Ci y of Eden Prairie this 5th day of October 982 . Mayor Attest : 7k:j_'ia-r-Ey _ Clerk i.� The motion for the adoption of the foregoing resolution was duly seconded by Member BeQrge_Tangen and upon vote being taken thereon, the following voted in favor thereof : Penzel , Bentley, Redpath and Tangen and the following voted against the same : none Whereupon the resolution was declared duly passed and adopted and was signed by the Mayor and attested by the City Clerk .