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HomeMy WebLinkAboutResolution No. 2015-043 Met Council Livable Communities Demonstration Funding West 66th Street RESOLUTION NO. 2015-43 AGREEMENT TO SPONSOR A METROPOLITAN COUNCIL LIVABLE COMMUNITIES DEMONSTRATION ACCOUNT (LCDA) FUNDING APPLICATION FOR THE REDEVELOPMENT OF 3330 WEST 66T" STREET BE IT RESOLVED by the City Council of the City of Edina, Minnesota, as follows: Whereas, the City of Edina ("City") is a participant in the Metropolitan Council's Livable Communities Act's Housing Incentives Program for 2015, and is therefore eligible to apply for Livable Communities Demonstration Account ("LCDA") funds; and Whereas, the Edina City Council previously acknowledged its receptivity of Metropolitan Council's Livable Communities Local Housing Incentives Account (LCA) program funds for Beacon Interfaith Housing Collaborative's ("Beacon") proposed affordable housing development at 3330 West 66`h Street (the "Project") on June 3, 2014; and Whereas, the City approved rezoning of the property in October 2014 and modified the Comprehensive Plan in November 2014 to reflect the needs of the Project; and Whereas, Beacon purchased the site in October 2014 for the purpose of constructing the Project; and Whereas, the development of new affordable housing frequently involves financial support from a number of different sources; and Whereas, Beacon has requested that the City serve as legal sponsor for purposes of submitting a Project Concept Plan to the Metropolitan Council and, if found eligible, based on this concept plan, to submit a full application to the Metropolitan Council for a Livable Communities Demonstration Account grant for the Project; and Whereas, Beacon will provide assistance to the City to ensure that the submitted plans and application accurately reflect the nature of the Project; and Whereas, the Project meets the Demonstration Account's purposes and criteria which is to issue capital development grants that provide funds to support projects that connect development or redevelopment with transit; intensify land uses; connect housing and employment; provide a mix of housing and affordability; and/or provide infrastructure to connect communities and attract investment, 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 CITY OF EDINA 4801 West 50th Street•Edina,Minnesota 55424 www.EdinaMN.gov•952-927-8861 • Fax 952-826-0389 Whereas, the City acknowledges Livable Communities Demonstration Account grants are intended to fund projects or project components that can serve as models, examples or prototypes for development or redevelopment projects elsewhere in the region, and therefore represents that the proposed projects can be replicated in other metropolitan-area communities; and Now, Therefore, Be It Resolved that, the City of Edina agrees to serve as legal sponsor for the Project for the purposes of submitting a Project Concept Plan to the Metropolitan Council in May 2015 and, if found eligible, will submit full application in July 2015. Be It Further Resolved, that the City, by its agreeing to act as legal sponsor for the grant application for the Project, has no obligation to the Metropolitan Council or to Beacon, to approve any land use, permitting, or any other current or future request including any financing of the project related to any current or future proposed development of 3330 West 66th Street by Beacon. Be It Further Resolved, that the City Manager is empowered to execute such forms as may be necessary for the LCDA grant applications. Adopted by the Edina City Council this 21 st day of April, 2015. i Attest: LG Debra A. Mangen, City IerkC James B. ovland, Mayor STATE OF MINNESOTA ) COUNTY OF HENNEPIN ) SS CITY OF EDINA) CERTIFICATE OF CITY CLERK I, the undersigned duly appointed and acting City Clerk for the City of Edina do hereby certify that the attached and foregoing City Council Minutes is a true and correct copy of the Resolution duly adopted by the Edina City Council at its regular meeting of April 21, 2015, and as recorded in the Minutes of said regular meeting. WITNESS, my hand and seal of said City this day of 2015. Debra A. Mangen, City Clerk