HomeMy WebLinkAboutResolution No. 2017-064 Livable Communities Grant Authorization RESOLUTION NO. 2017-64
CITY OF EDINA, MINNESOTA
RESOLUTION IDENTIFYING THE NEED FOR LIVABLE COMMUNITIES
DEMONSTRATION ACCOUNT FUNDING AND
AUTHORIZING APPLICATIONS FOR GRANT FUNDS
WHEREAS the City of Edina is a participant in the Livable Communities Act's Housing Incentives
Program for 2017 as determined by the Metropolitan Council and is therefore eligible to apply for
Livable Communities Demonstration Account funds; and
WHEREAS the City has identified proposed projects within the City that meet the Demonstration
Account's purposes and criteria and are consistent with and promote 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 projects contained in the grant applications
submitted on June 29, 2017;
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 or key components of the proposed projects 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 Demonstration Account during each funding cycle and the Metropolitan Council has
determined it is appropriate to allocate those scarce grant funds only to eligible projects that would not
occur without the availability of Demonstration Account grant funding; and
WHEREAS cities may submit grant applications for up to three projects during each funding cycle for
LCDA Development Grants and Pre-Development Grants combined, but, using the cities' own internal
ranking processes, must rank their projects by priority so the Metropolitan Council may consider those
priority rankings as it reviews applications and makes grant awards.
NOW THEREFORE BE IT RESOLVED that, after appropriate examination and consideration, the
governing body of the City:
CITY OF EDINA
4801 West 50th Street•Edina,Minnesota 55424
www.EdinaMN.gov.952-927-8861 . Fax 952-826-0390
I. Finds that it is in the best interests of the City's development goals and priorities for the
proposed projects to occur at these particular sites at this particular time.
2. Finds that the project components for which Livable Communities Demonstration Account
funding is sought:
• will not occur solely through private or other public investment within the reasonably
foreseeable future; and
• will occur within the term of the grant award only if Livable Communities Demonstration
Account funding is made available for these projects at this time.
3. Ranks the project funding applications, according to the City's own internal priorities, in the
following order:
Priority Project Name Grant Amount Requested
I. The Collaborative $ 1,441,565
2. The Avenue on France (Phase 1) $ 1,300,000
4. Represents that the City has undertaken reasonable and good faith efforts to procure funding
for the project component 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
project component commencement within the term of the grant award and states that this
representation is based on the following reasons and supporting facts:
• The pro forma of the Edina Collaborative maximizes private funding sources and minimizes
return to the developer while still keeping the project in the range of feasibility. While the
City is considering the use of incremental taxes, there are not sufficient taxes generated to
support full construction, finishing and landscaping of the public plaza and woonerf. Outside
funding is necessary to deliver the public realm elements desired by the developer and City.
• The pro forma of The Avenue on France project also maximizes private funding sources.
This site does not qualify for Tax Increment Financing. An outside funding source is
necessary to deliver the public realm amenities desired by the developer and City.
5. Authorizes its City Manager or designee to submit on behalf of the City applications for
Metropolitan Council Livable Communities Demonstration Account grant funds for the project
components identified in the applications, and to execute such agreements as may be necessary
to implement the projects on behalf of
the City.
Adopted by the Edina City Council thisab flay of June, 2017.
Attest: CIM ✓ --
Debra A. Mange , City Jerk James B. Hovland, 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 June 2017, and as recorded in the Minutes of said regular meeting.
WITNESS, my hand and seal of said City this day of 2017.
Debra A.Manger,City Clerk