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HomeMy WebLinkAboutResolution No. 2010-056 Resolution Identifying the Need for Livable Communities Demonstration Account Funding and Authroizing an Application for Grant FundsRESOLUTION NO. 2010-56 w9sA , RESOLUTION IDENTIFYING THE NEED FOR oa �, LIVABLE COMMUNITIES DEMONSTRATION ACCOUNT FUNDING AND cn AUTHORIZING AN APPLICATION FOR GRANT FUNDS may° • '`ckxnN�CF9• City of Edina WHEREAS the City of Edina is a participant in the Livable Communities Act's Housing Incentives Program for 2010 as determined by the Metropolitan Council, and is therefore eligible to apply for Livable Communities Demonstration Account funds; and WHEREAS The City has identified a proposed project within the city that meets the Demonstration Account's 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 ensure adequate project administration; 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 agrees to act as legal sponsor for the project contained in the grant application submitted on July 19, 2010; and • WHEREAS the City acknowledges Livable Communities Demonstration Account Pre - Development grants are intended to fund activities that can prepare projects to apply for the LCDA Development Grant category. WHEREAS only a limited amount of grant funding is available through the Metropolitan Council's Livable Communities Demonstration Account during each funding cycle and the Metropolitan Council has determined it is appropriate to allocate those scarce grand funds only to eligible projects that would not occur without the availability of Demonstration Account grand 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 priorities for the proposed activities to be performed for this particular Project Area site, as identified in the application, and at this particular time. 2. Finds that the project component(s) for which Livable Communities Demonstration Account funding is sought: (a) Will not occur solely through private or other public investment within the reasonably foreseeable future; and (b) Will not occur within two years after a grant award unless Livable Communities Demonstration Account funding is made available for this project at this time. City Hall 952-927-8861 4801 WEST 50TH STREET FAX 952-826-0390 EDINA, MINNESOTA, 55424-1394 www.cityofedina.com TTY 952-826-0379 • • 0 Resolution No. 2010-56 Page Two 3. Represents that the City has undertaken reasonable and good faith efforts to procure funding for the project activities for which Livable Communities Demonstration Account funding is sought but was not able to find or secure from other sources funding that is necessary for completions of the activities within two years and states that this representation is based on the following reasons and supporting facts: The City of Edina does not have funds available within its budget to complete a Small Area Study of the Grand View District, and is unaware of any other funding source available for such a study. The Comprehensive Plan identifies this area a "potential area of change" in need of a Small Area Plan to assist in future redevelopment. 4. Authorizes City staff to submit on behalf of the City an application Council Livable Communities Demonstration Account Pre-Devel the project activities identified in the application, and to execute may be necessary to implement the project on behalf of the qi y. Attest: Debra A. Ma gen, City1 rk STATE OF MINNESOTA) COUNTY OF HENNEPIN )SS CITY OF EDINA ) r Metropolitan lent Grant funds for i agreements as mes BI Holland, Mayor 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 Resolution was duly adopted by the Edina City Council at its Regular Meeting of July 6, 2010 and as recorded in the Minutes of said Regular Meeting. WITNESS my hand and seal of said City this day of , 20_ City Clerk