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HomeMy WebLinkAbout15-050 - ADMIN Resolution - City Council - 2015/04/06RESOLUTION NO. 15-050 RESOLUTION OF SUPPORT OF AN APPLICATION FOR A HENNEPIN COUNTY 0 TRANSIT ORIENTED DEVELOPMENT (TOD) GRANT SUBMITTED BY OPPIDAN INC. FOR REDEVELOMENT AT 4760 AND 4900 EXCELSIOR BOULEVARD • WHEREAS, the City of St. Louis Park acknowledges the Hennepin County Board of Commissioners has authorized approximately $2 million in the 2015 budget for transit onented development (TOD) projects; and WHEREAS, Oppidan wishes to submit an application requesting grant funds from the Hennepin County Transit Oriented Development Program; and WHEREAS, the grant funds will be used for certain Public Improvement Costs associated with the proposed redevelopment project at 4760 and 4900 Excelsior Boulevard in the City of St. Louis Park; and WHEREAS, the Hennepin County Transit Onented Development Program Guidelines require support by the governing body of the City of St. Louis Park for submission of a grant application to the Hennepin County Transit Onented Development Program; and NOW, THEREFORE, BE IT RESOLVED that the City of St. Louis Park, in accordance with Minnesota Statutes 383B.77, subd. 3 , supports the submission of a Transit Onented Development Program grant application to the Hennepin County Housing and Redevelopment Authonty by Oppidan Inc. for the proposed development. Reviewed for Administration: `; 0� City �I�nager I Attest Adopted by the City Council Apnl 6, 2015