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COOPERATION AGREEMENT Metropolitan Council Family Affordable Housing Program THIS COOPERATION AGREEMENT ("Agreement") is entered into by and between the Metropolitan Council (the "Metropolitan Council") and the City of Roseville, State of Minnesota (the "Municipality"). WHEREAS, the Metropolitan Council is a public corporation and political subdivision of the State of Minnesota and is authorized by Minnesota Statutes section 473.195 to exercise the functions, rights, duties, privileges, immunities and limitations as are provided for housing and redevelopment authorities created for municipalities; and WHEREAS, pursuant to Minnesota Statutes section 473.195 the provisions of Minnesota Statutes sections 469.001 to 469.047 and of all other laws relating to housing and redevelopment authorities apply to the Metropolitan Council when the Metropolitan Council is functioning as an authority; and WHEREAS, in conjunction with the implementation of its Family Affordable Housing Program ("FAHP"), the Metropolitan Council proposes to acquire within the corporate limits of the Municipality on a scattered-site basis a limited number of residential properties ("FA�iP Units") and will focus its acquisition efforts on housing structures containing four units or less; and �VHEREAS, the governing body of the Municipality has given its prior approval regarding the Metropolitan Council's proposed housing initiative pursuant to Minnesota Statutes section 473.195, subdivision 1. �'VITNESSETH: In consideration of the mutual covenants in this Agreement, the Municipality and the Metropolitan Council agree as follows: l. Whenever used in this Agreement: (a) The term "FAHP Units" sha11 mean up to fifteen (15) residential housing units, as defined in Title 42 United States Code section 1437a(b)(1), developed or acquired by the Metropolitan Council in connection with its Family Affordable Housing Program with financial assistance of the United States of America acting through the Secretary of Housing and Urban Development (the "Government") and located on a scattered-site basis within the corporate limits of the Municipality. (b) The term "Taxing Body" or "Taxing Bodies" shall mean the State of Minnesota and any and all political subdivisions or taxing units thereof in which FAHP Units are situated and which would have authority to assess or levy real or personal property taxes or to certify such taxes to a ta�ng body or public officer to be levied for its use and benefit with respect to the FAHP Units if the units were not exempt from taxation. (c) The term "Shelter Rent" shall mean the total rentals of a FA�-Il' Unit charged to tenants during the preceding calendar year, excluding any charges for utilities and special Page I of 4 Pages