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HomeMy WebLinkAbout16-148 - ADMIN Resolution - City Council - 2016/11/21RESOLUTION NO. 16-148 RESOLUTION IN SUPPORT OF AN APPLICATION FOR A HENNEPIN COUNTY l TRANSIT ORIENTED DEVELOPMENT (TOD) GRANT SUBMITTED BY SELA GROUP FOR REDEVELOMENT AT 4001 AND 4025 HIGHWAY 7 WHEREAS, the City of St. Louis Park acknowledges the Hennepin County Board of Commissioners has authorized approximately $2 million in the 2016 budget for transit oriented development (TOD) projects; and WHEREAS, Sela Group submitted 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 4001 and 4025 Highway 7 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 THEREFORE, BE IT RESOLVED that the City of St. Louis Park, in accordance ota Statutes 383B.77, subd. 3., supports the submission of a Transit Oriented Program grant application to the Hennepin County Housing and Redevelopment Sela Group for the proposed development -Parkway 25. Manager Attest: ,/ City Council November 21, 2016