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263124 WH17E - CITY CLERK � 1 PINK - FINANCE COL111C11 BLJ.,IERY- MAVORTMENT GITY OF SAINT PAZTL File �NO. �t� ^ �� Council Resolution Presented By . Referred To Committee: Date Out of Committee By Date RESOLVED, that the Council of tY�e City of Saint Paul hereby approves : • '�A bill for an act relating to the city of S�int _ Paul ; authorizing a housing and r�habilitation loan program; providing for the issuancie of general obligation bonds . " � and recommenda the sane to the Ramsey County Senate and House delegations . COUIVCILMEN Yeas Nays n Requested by Department of: �x� Butler �� Konopatzki 1 In`Favor Levine Meredith � Against BY �� Roedler Tedesco Mme.President B��IIFr HUnt Adopted by Council: Date F E B 15 1974 Form Approved by City ttorney Certifie s d by Co '1 ary BY By Approve y Ma r: Date Approred May is ' n to Co cil By BY ��,�$ . . � • 263�2� A bill for ari ac t relatirig 1:o ttie city of S�int Paul ; atathorizing a housing and rehabilitatiori loan program; providirig �'or 1�tie issuance of gerieral obligation bonds . BE IT ENACTED BY THE LEGISLATURE OF' T�IE STATE OF MINNESOTA; Section 1. �URPOSE.7 It is hereby declared that there exists in the city of Saint Paul , both within and without urban renewal and code enforcement areas , a seriously inadequate supply of safe and sanitary dwelling aceommodations for persons arid families of low and moderate income ; that such shortage constitutes an emergency and a menace to the health, safety, morals , welfare and comfort of citizens of the ci-ty ; that there e�ist a num�er of dwellin�;s which are inadequate , unsafe or unsanitary by reason of the absen.ce of proper heatine or plumbing facilities or by reason of_ �the necessity for elimination of conditions dangerous to human life or detrimental to health �rhich conditions can be corrected and which dwellings can be made adequate , safe and sanitary by the installation of approp.riate heating and plumbing facilities and by rehabilitation and by the elimination of such inadequate , unsa:�e �.nd unsanitary conditions ; such rehabilitation cannot readily be provided by the ordinary unaided operation o� private enterprise without public aid in the form of loans to owners of such dwellings for the purpose of accomplisfiing necessary rehabilitation; that the installation of proper heating and plumbing facilities in such dwellin�s or other rehabilitation for occupancy by persons of 1ow and moderate income as provided in the re�ulations to be adopted as hereinafter provided is a public 1 263� 24 use and a public purpose for which public money may be loaned; that housing assistance programs provided by the federal government are inadequate both in the amoun-t of housing assistance given and the number of dollars available for assistance ; that it will not be possible to meet the housing needs of low and moderate income families in Minnesota without state action to supplement the federal programs ; that the provision of an adequate supply of housing for low and moderate income �'amilies will be enhancec� by the rehabilitation of existing housing which would thereby reduce the need for demolition and removal of existing structures and the construction of neiv structures ; that sucti �onditions require the rehabilitation loan program herein enacted; and the necessity in the public interest for this program is hereby declaredas a matter of legislative determination. The legislature of the state of Minnesota further finds that preservation of the quality of life in a major metropolitan city is dependent upon the preserv�.tion of adequate housing, that many houses in the city of Saint Paui do not meet the applicable housing code , that there is a need fo_r a comprehensive housing rehabilitation program in the city of Saint Paul whic�z will complement any statewide housir�g rehabilitation program, that some home owners are unable to afford any rehabilitation expenses , that many home owners are unable to afford housing rehabilitation loans at market rate of interest , and that because the availability of mortgage credit for housing rehabilitation is limited some home owners cannot obtain . 2 �s����4 such credit . Sec. 2. �ITY OF ST. PAUL; HOUSING RE�IAI3ILITATION LQAN PROGRAM_7 The city of Saint Paul is authorized to develop and administer a housing rehabilitation loan program wzth re spect to property owned and occupied by persons of low and moderate income , located anywhere within its boundaries , on such terms and conditions as it determines ; provided, that in approving applications for this program, the following factors shall be considered : ( 1) the availability of other governmental programs affordable by the applicant ; (2) the -availability and affordability of private market financing; - (3) whether the housing is required, pursuant to an urban renewal program or a code enforcement program, to be repaired, _ improved, or rehabilitated ; (4) whether the housing is required, pursuant to a court order issued under Minnesota Statutes , Sec . 566. 25 (b) , (c ) , (e ) , to be repaired, improved or rehabilitated ; and (5 ) whether the housing has been determined to be uninsurable because of physical hazards after inspection pursuant to a statewide property insurance plan approved by the United States Department of Housing and Urban Development urider Title XII of the National Housing Act ; and further provided that all loans and grants shall be issued primarily for rehabilitating housing so that it meets applicable housing codes . Pr.ior to making any rehabilitation loans , the city council or its designee shall adopt regulations which comply substantially with the provisions of Section 312 of Title III 3 � � ' 26�31�4 of the Federal Housing Act of 1.964 and acts supplemental thereto insofar as that section relates to the determinations to be ma.de as a condition precedent to the ma.king of rehabilitation loans under said Act. Sec. 3. /�SSUANCE OF BONDS_? To finance the program auth- orized in Section 2 of this act, the council of the city of Sa.int Paul, by resolutian or resolutions, ma.y from time to time authorize, issue and sell general obligation bonds of the city of Saint Paul, without a vote of the electorate, in accordance with the provisions of Minnesota Statutes, Chapter 475, notwithstanding any other provision of law or of the city charter or ordinance. The total amount of bonds authbrized to be issued for the purposes described in this act shall not exceed the aggregate of $5,000,000. The amount of bonds issued pursuant to this authority shall be excluded in the computation of the net debt of the city as defined by statute or charter. The council of the city of Saint Paul is authorized to levy and collect taxes to repay such obligations issued pursua.nt to the authority contained herein, and this authority is not subject to any tax or appropriation or expenditure limit � otherwise imposed by any 1aw or cha.rter provision. Sec. 4. �FFECTIVE DATE.7 This act shall become effective only after its approval by a ma.jority of the governing body of the city of Saint Paul and upon compliance with the provisions of Minnesota Statutes, Section 645 . 021. 4