HomeMy WebLinkAbout20-26 - ADMIN Resolution - Economic Development Authority - 2020/11/02EDA Resolution No. 20-26
Resolution supporting applications for a Hennepin County Transit
Oriented Development (TOD) grants submitted by
Union Park Flats and Parkway Residences
Whereas, the City of St. Louis Park acknowledges the Hennepin County Board of
Commissioners has authorized approximately $2 million for transit-oriented development
(TOD) projects; and
Whereas, Sela Group submitted an application for Parkway Residences requesting grant
funds from the Hennepin County Transit Oriented Development Program; and
Whereas, Project for Pride in Living submitted an application for Union Park Flats
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 Parkway Residences redevelopment project at 4001 and 4025 Highway 7 in the City of
St. Louis Park; and
Whereas, the grant funds will be used for certain public improvement costs associated
with the Union Park Flats redevelopment project at 3700 Alabama Avenue in the City of St.
Louis Park; and
Whereas, the Hennepin County Transit Oriented 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 Oriented 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 Oriented
Development Program grant application to the Hennepin County Housing and Redevelopment
Authority by Sela Group for the proposed development-Parkway Residences and by Project for
Pride in Living for the proposed development Union Park Flats.
Reviewed for administration: Adopted by the Economic Development
Authority November 2, 2020
Thomas K. Harmening, executive director Rachel Harris, president
Attest:
Melissa Kennedy, secretary
DocuSign Envelope ID: 5B4CA3BF-CAD1-497C-8743-85C5445DE324