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HomeMy WebLinkAbout15-037 - ADMIN Resolution - City Council - 2015/03/16RESOLUTION NO. 15-037 RESOLUTION IDENTIFYING THE NEED FOR TAX BASE REVITALIZATION • ACCOUNT FUNDING AND AUTHORIZING AN APPLICATION FOR GRANT FUNDS IN THE AMOUNT OF $50,000 FOR THE EXPLORATION OF SOILS IN WOLFE PARK / THE REC CENTER WHEREAS the City of St. Louis Park is a participant in the Livable Communities Act's Housing Incentives Program for 2014 as determined by the Metropolitan Council, and is therefore eligible to apply for Tax Base Revitalization Account (TBRA) funds, and WHEREAS the City has identified a proposed project within the City that meets the purposes and criteria of the TBRA and is consistent with and promotes the purposes of the Metropolitan Livable Communities Act and the policies of the Metropolitan Council's adopted metropolitan development guide; and WHEREAS the City has the institutional, managerial and financial capability to ensure adequate project administration; and WHEREAS the City certifies that it will comply with all applicable laws and regulations as stated in the grant agreement; and WHEREAS the City agrees to act as legal sponsor for the project contained in the grant application submitted on November 1, 2014; and WHEREAS only a limited amount of grant funding is available through the Metropolitan Council's TBRA during each funding cycle and the Metropolitan Council has determined it is appropnate to allocate those scarce grant funds only to eligible projects that would not occur without the availability of TBRA grant funding. NOW THEREFORE BE IT RESOLVED that, after appropriate examination and due consideration, the governing body of the City: 1. Finds that it is in the best interests of the City's development goals and pnonties for the proposed project to occur at this particular site and at this particular time. 2. Finds that the project component(s) for which TBRA funding is sought. (a) will not occur solely through pnvate or other public investment within the reasonably foreseeable future; and (b) will occur within three years after a grant award only if Livable Communities Demonstration Account funding is made available for this project at this time. 3. Represents that the City has undertaken reasonable and good faith efforts to procure funding for the project component for which TBRA funding is sought but was not able to find or secure from other sources funding that is necessary for project component completion within three years. 4. Authorizes Jason T. West, its Recreation Supenntendent, to submit on behalf of the City an agreement for Metropolitan Council TBRA grant funds for the project component(s) identified in the application, and to execute such agreements as may be necessary to implement the project on behalf of the City. Resol do No 15-037 -2- Review dministration Tom H Attest: --),1 /.err -e- Nancy Stroth, ty Clerk ager Ado d b the Cityy6puncil March 16, 2015 04 Jeff Jaco• savor/ • • •