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• CITY OF ELK RIVER <br /> RESOLUTION <br /> RESOLUTION OF THE CITY OF ELK RIVER REQUESTING DESIGNATION OF THE <br /> HOUSING AND REDEVELOPMENT AUTHORITY OF THE CITY OF ELK RIVER <br /> AS A LOCAL DEVELOPMENT ORGANIZATION <br /> WHEREAS, the City of Elk River (the "City") would like to better utilize the Small Cities <br /> federal funds; and, <br /> WHEREAS, the City by resolution, can request from the Minnesota Department of <br /> Employment and Economic Development (DEED), authorization to transfer federal <br /> Small Cities Development Program (SCDP) funds to a Local Development Organization <br /> (LDO); and, <br /> WHEREAS, the Housing and Redevelopment Authority of the City of Elk River (the <br /> "HRA") is interested in being designated as an LDO and is a non-profit organization <br /> serving the housing and community development needs of the City of Elk River; a non- <br /> entitlement area; and, <br /> WHEREAS, the HRA shall adopt procedures and guidelines for the use and/or reuse of <br /> • the federal funds, any recapture of the federal funds, plus interest accrued, earned or <br /> paid thereon, if any. <br /> NOW, THEREFORE BE IT RESOLVED by the City Council of the City of Elk River that <br /> the City hereby requests approval from DEED to designate the HRA as a Local <br /> Development Organization (LDO), serving the housing and community development <br /> needs of the City. <br /> I CERTIFY THAT the above Resolution was adopted by the City Council of the City of <br /> Elk River on the 1St day of November, 2004. <br /> SIGNED: WITNESSED: <br /> Mayor Date City Clerk Date <br /> • <br /> S:\Downtown Revitalization\DEED Grant\LDO\LDO Resolution.doc <br />