HomeMy WebLinkAbout10-089 - ADMIN Resolution - City Council - 2010/09/07•
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RESOLUTION NO. 10-089
RESOLUTION ELECTING TO CONTINUE PARTICIPAT IN
THE LOCAL HOUSING INCENTIVES ACCOUNT PROGRAM
UNDER THE METROPOLITAN LIVABLE COMMUNITIES ACT
CALENDAR YEARS 2011 THROUGH 2020
WHEREAS, the Metropolitan Livable Communities Act (Minnesota Statutes sections
473.25 to 473.255) 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, the Local Housing
Incentive Account and the Inclusionary Housing 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 Employment and Economic Development unless the
municipality is participating in the Local Housing Incentives Account Program under 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, previously negotiated affordable and life -cycle housing goals for municipalities
participating in the Local Housing Incentives Account Program expire in 2010; and
WHEREAS, a metropolitan -area municipality can participate in the Local Housing
Incentives Account Program under Minnesota Statutes section 473.254 if (a) the municipality elects
to participate in the Local Housing Incentives Program, (b) the Metropolitan Council and the
municipality successfully negotiate new affordable and life -cycle housing goals for the municipality;
(c) the Metropolitan Council adopts by resolution the new negotiated affordable and life -cycle
housing goals for the municipality; and (d) the municipality establishes it has spent or will spend or
distribute to the Local Housing Incentives Account the required Affordable and Life -Cycle Housing
Opportunities Amount (ALHOA) for each year the municipality participates in the Local Housing
Incentives Account Program.
NOW, THEREFORE, BE IT RESOLVED THAT the City of St. Louis Park motion to
11111 adopt Resolution No 10-089:
1. Electing to participate in the Local Housing Incentives Program under the Metropolitan
Livable Communities Act for calendar years 2011 through 2020.
Resolution No. 10-089
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2 Agreeing to the following affordable and life -cycle housing goals for calendar years 2011
through 2020:
Affordable Housing Goals Range
Life -Cycle Housing Goals Range
326 to 501
500 to 1000
Will prepare and submit to the Metropolitan Council a Housing Action identifying the
ctions it plans to take to help meet its established housing goals
Rev' - d for
ministration:
Attest:
City Clerk
Adopted by the City Council September 7, 2010
Mayor
c
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