HomeMy WebLinkAboutRESOLUTION 1994-74Suggested by: Mayor. W~lliams
RBBOLUTXON NO. ~4-74
A RESOLUTION OFT HE COUNCZL OFT HE CITY OF KENAZ,
8UPPORTINGALASK~ HOUSING FZNANCE CORPORATION.
WHEREAS, Alaska Housing F~nance Corporation has a basic, mission:
to provide decent, safe, affordable, energy efficient hOUsin 'for'
all Alaskans because it is currently a profit making ent~ty, git
can also make available a significant portion of its armUal .:.
profit? to the State General Fund. Both of these services areof
ma3or importance to Alaska in the second half of the 1990's~ and,
WHEREAS, in order for Alaska Housing Finance Corporation 'to
continue to serve the housing needs of Alaskans and continue to
make significant annual budget dividend contributions, and to
fund other bas~c services, it is necessary for Alaska Hou$in
Finance Authority to be solvent and retain its bond rating, q
NOW THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF
KENA~, that the Kenai City Council supports Alaskans for Alaska
Houszng Finance Corporation in their endeavor to maintain the..
current structure of Alaska Housing Finance corporation'and its'- ..
efforts to stop irresponsible leg~slative raids on Alaska HOusing."
Finance Corporation assets (posit~on paper attached). " -'~'
PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this. 23rd. day '
of November, 1994,
ATTEST:
=. W ' LIA S,
Carol L. FreaS, City Clerk-
'1l/Z4/94