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2015-12H HRA ResolutionMOUND HOUSING AND REDEVELOPMENT AUTHORITY RESOLUTION NO. 15-12H RESOLUTION APPROVING AN ASBESTOS REMOVAL PROJECT WHEREAS, the Mound Housing and Redevelopment Authority of Mound, Minnesota (the "HRA") owns and operates a 50 -unit low rent public housing project known as Indian Knoll Manor in the city of Mound; and WHEREAS, the HRA has received preliminary approval from the U.S. Department of Housing and Urban Development (HUD) for a Commitment to Enter into a Housing Assistance Payments (CHAP) under the Rental Assistance Demonstration program; and WHEREAS, the HRA is required to form a development team with evidence demonstrating the team's recent successful experience financing, developing, rehabilitating, constructing, and owning similar projects; and WHEREAS, Aeon was selected to be the development partner; and WHEREAS, Aeon is applying for multiple competitive financing and grant opportunities to facilitate rehabilitation of Indian Knoll Manor; and WHEREAS, Aeon desires to apply for a Hennepin County Environmental Response Fund (ERF) grant that will help fund asbestos removal that was detected during the Phase I environmental study; and WHEREAS, Hennepin County Environmental Response Fund (ERF) grants require approval of the associated project by the governing body of the municipality where the project site is located; NOW, THEREFORE, BE IT RESOLVED that the Board of Commissioners of the Mound Housing and Redevelopment Authority approves an asbestos removal project for Indian Knoll Manor Public Housing, for which an Environmental Response Fund grant application is being submitted to the Hennepin County Department of Environmental Services in November of 2015 by Aeon. Adopted by the HRA this 27th day of October, 2015. Chair Mark Wegscheid Attest: Catherine Pausche, Clerk