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'a <br />I zi DAN I id <br />16117 M. J-111 V 4P <br />0 <br />Manager Reviewed IS <br />Q-V <br />DATE** 9-23-91 <br />ITEMi, NO. <br />Agenda Sect lion: <br />l A" <br />Ip <br />0 a- 4i <br />Item Descril ption 1.4o Author ization to enter into . an agreement w ith <br />Firstar Blank f or single f amily housing <br />rehabilitation program. <br />Thie loa,nsi- would, have - to meet all MHFA standards in terms of <br />el iialbile improvements (t,h,ei agreement and a summary of thz <br />4i <br />pr,oj ect is, attached) <br />Alternatives: <br />10 The City could choose to, not participate in the program and <br />subsequently Firstar would then have to consider whether it <br />chooses to proceed with the prolect. <br />Pol icy obi ectivesi �: .1 <br />The City Councilil, has identif ied preservation of its single <br />family hou.3iong sitiock.as a policy prioritv- <br />.9 - <br />16. 11 b Ill Ill 91 91 1 <br />10 it is recommended that the City Council approve authorization <br />a <br />to einer into an agreement with Firstar Bank for single <br />family housing rehabilitation program. <br />J, Motion to approve authorizat 'ion to enter into an agreement <br />with Fir tar Bank for si",ncile family housing i7ehabilitation <br />program,,. <br />