HomeMy WebLinkAboutResolution 106-2008 RESOLUTION NO. 106-08
A RESOLUTION PROVIDING FOR THE DEVELOPMENT AND TRANSFER OF LOT
3,NELSON EIGHTH ADDITION FOR PURPOSES OF CONSTRUCTING HOMES TO
ELIGIBLE CLIENTS OF THE INTER-LAKES COMMUNITY ACTION
PARTNERSHIP
WHEREAS, ICAP has utilized USDA-Rural Development funds for a self-help program to
provide housing to eligible persons, and
WHEREAS, ICAP continues to experience hardship in finding and acquiring developed lots
within a price range that allows eligible persons to continue to afford their homes, and
WHEREAS,the City of Brookings has a parcel of property ideally-suited to accommodate eight
residential lots suitable for ICAP housing, and
WHEREAS,the City of Brookings has adopted a housing plan that describes the need for
additional affordable housing, and this project meets that need.
NOW, THEREFORE BE IT RESOLVED THAT
The City of Brookings undertake the development of the parcel into eight residential lots on
behalf of ICAP, and
BE IT FURTHER RESOLVED THAT
The City transfer the developed parcel to Brookings Economic Development Corporation for
$160,000 who shall, in turn,transfer the parcel to ICAP for the same amount.
Adopted this 18th day of November, 2008.
CITY OF BROOKINGS
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• " ;"BRo�'',, ott D. M.1 sterman, Mayor
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Shari Thornes, City Clerk