HomeMy WebLinkAbout98-140 - ADMIN Resolution - City Council - 1998/10/19RESOLUTION NO. 98 ®14 0
RESOLUTION ELECTING TO PARTICIPATE IN
THE LOCAL HOUSING INCENTIVES ACCOUNT PROGRAM
UNDER THE METROPOLITAN LIVABLE COMMUNITIES ACT
CALENDAR YEAR 1999
WHEREAS, the Metropolitan Livable Communities Act (Minnesota Statutes Section
473 25 to 473 254) 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, the Metropolitan Council must adopt, by resolution after a public hearing,
negotiated affordable and life -cycle housing goals for each participating municipality, 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 1999, a metropolitan area municipality that participated in
the Local Housing Incentive Account Program during the calendar year 1998, can continue to
participate under Minnesota Statutes section 473 254 if (a) the municipality elects to participate
in the Local Housing Incentives Account Program by November 15, 1998, and (b) the
Metropolitan Council and the municipality have successfully negotiated affordable and life -cycle
housing goals for the municipality
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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 1999
Attest
Dt
O ty Clerk
Reviewed for Administration
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Adopted by the City Council October 19, 1998