Agenda - Council - 09/08/1980 - Laserfiche WebLink

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NOW, THEREFORE, in consideration of the mutual covenants and promises contained in this Agreement, the parties mutually agree to the following terms and conditions. I. DEFINITIONS For purposes of this Agreement, the terms defined in this section have the meanings given to them: A. "The Act" means the Housing and Community Development Act of 1974, Title I, of Public Law 93-383, as amended (42 USC 5301 et...seq.). B. "Regulations" means the rules and regulations promulgated pursuant to the Act, including but not limited to 24 CFR Part 570. C. "HUD" means the United States Department of Housing and Urban Development. .. D. "Cooperating Community" means any city or town in Anoka Co%nty which has entered into a cooperation agreement which is identical to this Agreement. The regulations contained in 42 USC 5302 of the Act and 24 CFR 570.3 of the Regulations are incorporated herein by reference and made a part hereof. II. PURPOSE Municipality and County have determined that it is desirable and in the interests of its citizens that the County qualifies as an urban county within the provisions of the Act. This Agreement contemplates that identical agreements will be executed between the County and other cities and towns in Anoka County and such numbers will enable the County to so qualify under the Act. The purpose of this Agreement is to authorize the County to cooperate with the Municipality in undertaking, or assist in undertaking, essential community development and housing assistance activities, specifically urban renewal and publicly assisted housing pursuant to community development block grants as authorized in the Act and the Regulations. -2-