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<br />Action Requested <br />Staff recommends approval of the following: <br /> <br />Resolution No. 07-_ , A Resolution Approving a Housing Plan and Housing Program and <br />approving Authorizing Execution of Various Documents in Connection with the Issuance <br />of Multifamily Housing Revenue Bonds (Birchwood Court Apartments Project) <br /> <br />These recommendations are based on: <br /> <br />1. Issuance and other fees to be paid by the applicant <br />2. Up to $671,000 in rehabilitation fees plus contingencies be dedicated to the project <br />3. Any and all City of Elk River fire inspection deficiencies be corrected prior to closing or <br />as part of the rehabilitation program as improvements. <br /> <br />Council Action <br /> <br />Motion by_ <br /> <br />Second by _ <br /> <br />Vote <br /> <br />Follow Up <br />