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EN HILLS <br />Re uest for Council Action <br />q <br />Prepared By: Sue Iverson, <br />Finance Director/Treasurer <br />James Lehnhoff, <br />Community Development Director <br />Council Meeting Date: May 10, 2010 <br />Sand Companies, Inc request for a letter of support for housing tax credits with the Minnesota <br />Housing Finance Agency for up to $575,000 in public assistance as proposed in the <br />May 10, 2010, memorandum. <br />Budgeted Amount: <br />N/A <br />Actual Amour�t: <br />N/A <br />Funding Source: <br />N/A <br />Recommendation: <br />Approve Sand Companies, Inc request for a letter of support for housing tax credits with the Minnesota <br />Housing Finance Agency for up to $575,000 in public assistance as proposed in the May 10, 2010, <br />memorandum. <br />Supportinq Documents: <br />1. May 10, 2010, Memo to the City Council <br />2. Proposed Letter of Support Request <br />