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HomeMy WebLinkAbout13-079 - ADMIN Resolution - City Council - 2013/05/20RESOLUTION NO. 13-079 RESOLUTION AUTHORIZING AN APPLICATION FOR SOUTHWEST LRT STATION AREA ZONING STUDY WHEREAS, the City of St. Louis Park is a participant in the Metropolitan Livable Communities Act ("LCA") Local Housing Incentives Program for 2012 as determined by the Metropolitan Council, and is therefore eligible to apply for LCA Livable Communities Demonstration Account and Tax Base Revitalization Account Transit Onented Development (collectively, "TOD") funds; and WHEREAS, the City has identified a proposed TOD Project within the City that meets TOD purposes and criteria 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 adequately manage an LCA TOD grant; 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 acknowledges TOD grants are intended to fund TOD Projects or TOD Project components that can serve as models, examples or prototypes for TOD development or redevelopment elsewhere in the region, and therefore represents that the proposed TOD Project or key components of the proposed TOD Project can be replicated in other metropolitan -area communities; and WHEREAS, only a limited amount of grant funding is available through the Metropolitan Council's Livable Communities TOD initiative during each funding cycle and the Metropolitan Council has determined it is appropriate to allocate those scarce grant funds only to eligible TOD Projects that would not occur without the availability of TOD 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 prionties for the proposed TOD Project to occur at this particular site and at this particular time. 2. Finds that the TOD Project component(s) for which Livable Communities TOD funding is sought: (a) will not occur solely through private or other public investment within the reasonably foreseeable future; and (b) will occur within the term of the grant award (two years for Pre - Development grants, and three years for Development grants, one year for Cleanup Site Investigation grants and three years for Cleanup grants) only if Livable Communities TOD funding is made available for this TOD Project at this time. 3. Authorizes its City Staff to submit on behalf of the City an application for Metropolitan Council Livable Communities TOD grant funds for the TOD Project Resolution No. 13-079 -2- component(s) identified in the application, and to execute such agreements as may be ecessary to implement the TOD Project on behalf of the City. Re Administration: City Manag - r' Attest: �'? a -y► «xt--pe,. City Clerk Adopted- ouncil May 20, 2013 Mayor