HomeMy WebLinkAbout95-154 - ADMIN Resolution - City Council - 1995/11/06f
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RESOLUTION NO. 9154
RESOLUTION ELECTING TO PARTICIPATE IN
THE LOCAL HOUSING INCENTIVES ACCOUNT PROGRAM
UNDER THE METROPOLITAN LIVABLE COMMUNITIES ACT
CALENDAR YEAR 1996
WHEREAS, the Metropolitan Livable Communities Act (1995 Minnesota Laws Chapter 255)
establishes a Metropolitan Livable Communities Fund which is intended to address housing and other
development issues facing the metropolitan area defined by Minnesota Statutes section 473.121; and
WHEREAS, the Metropolitan Livable Communities Fund, comprising the Tax Base
Revitalization Account, the Livable Communities Demonstration Account and the Local Housing
Incentives Account, is intended to provide certain funding and other assistance to metropolitan area
municipalities; and
WHEREAS, a metropolitan area municipality is not eligible to receive grants or loans under the
Metropolitan Livable Communities Fund or eligible to receive certain polluted sites cleanup funding from
the Minnesota Department of Trade and Economic Development unless the municipality is participating in
the Local Housing Incentives Account Program under the Minnesota Statutes section 473.254: and
WHEREAS, the Metropolitan Livable Communities Act requires the Metropolitan Council to
negotiate with each municipality to establish affordable and life -cycle housing goals for that municipality
that are consistent with and promote the policies of the Metropolitan Council as provided in the adopted
Metropolitan Development Guide; and
WHEREAS, by June 30, 1996, each municipality must identify to the Metropolitan Council the
actions the municipality plans to take to meet the established housing goals; and
WHEREAS, the Metropolitan Council must adopt, by resolution after a public hearing, the
negotiated affordable and life -cycle housing goals for each municipality by January 15, 1996, and
WHEREAS, a metropolitan area municipality which elects to participate in the Local Housing
Incentives Account Program must do so by November 15 of each year; and
WHEREAS, for calendar year 1996, a metropolitan area municipality can participate under
Minnesota Statues section 173.254, only if; (a) the municipality elects to participate in the Local Housing
Incentives Account Program by November 15, 1995; (b) the Metropolitan Council and the municipality
successfully negotiate affordable and life -cycle housing goals for the municipality; and (c) by January 15,
1996 the Metropolitan Council adopts by resolution the negotiated affordable and life -cycle housing goals
for each municipality;
NOW, THEREFORE, BE IT RESOLVED THAT the City of St. Louis Park hereby elects to
participate in the Local Housing Incentives Program under the Metropolitan Livable Communities act
during calendar year 1996.
ATTEST:
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City Clerk
Reviewed for administration:
7143:GEN55w
Adopted by City Council November 6, 1995
,6 60 /4,442,
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Approved as to form and execution:
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