No planning grant shall be made until the members of the agency have received and reviewed the recommendation of the commissioner, relating to such planning grant, and until the members of the agency have adopted a resolution approving such grant, which resolution shall include determinations that:
the amount of the grant is not in excess of the net costs, exclusive of any federal aid or assistance, as have been or may reasonably be anticipated to be incurred by the local community in connection with the plan; and
the plan relates to a specific site upon which housing is or will be situated, or relates to a site which is or will be used for purposes which are reasonably related to such housing.
In addition, any such resolution may contain such other provisions and conditions which the members of the agency, in their sole discretion, deem advisable.
MS s 462A.06
L 1987 c 186 s 15
June 11, 2008
Official Publication of the State of Minnesota
Revisor of Statutes