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2004-02 e e e HOUSING AND REDEVELOPMENT AUTHORITY OF THE CITY OF CHANHASSEN, MINNESOTA Resolution No. 2004-02 Resolution approving and authorizing the execution and delivery of an Amendment to Joint Powers Agreement with the Carver County Housing and Redevelopment Authority and the City of Chanhassen, Minnesota WHEREAS, the Housing and Redevelopment Authority of the City of Chanhassen (the "City HRA") has previously entered into that certain Joint Powers Agreement for a Multifamily Housing Revenue Bond Program, dated as of August 1, 1995 (the "Joint Powers Agreement") with the Carver County Housing and Redevelopment Authority (the "County HRA") and the City of Chanhassen (the "City") in connection with the issuance by the County HRA of certain bonds (the "Prior Bonds") to finance a qualified housing development project in the City (the "Project"); and WHEREAS, the City HRA, the County HRA and the City propose to amend the Joint Powers Agreement in connection with the issuance by the County HRA of certain bonds to refund the Prior Bonds; NOW, THEREFORE, BE IT HEREBY RESOLVED by the Board of Commissioners of The Housing and Redevelopment Authority of the City of Chanhassen, Minnesota: 1. That the Chair and Executive Director are hereby authorized and directed to execute and deliver on behalf of the City HRA an Amendment to Joint Powers Agreement for a Multifamily Housing Revenue Bond Program in substantially the form on file with the City HRA on the date hereof, with such modifications as may be approved by the Chair and Executive Director. Execution and delivery of such document shall constitute conclusive evidence of the approval by the Chair and Executive Director of any such modifications. Adopted on this 23rd day of August, 2004. ~ A Yi/ Thomas A. Furlong, Chair Attest: ~~a1.-L1- Todd Gerhardt, Executive Director 2509354vl