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HomeMy WebLinkAboutResolution No. 2017-029 Cono Townhouse Coop Constrution RESOLUTION N O . 2 0 1 7- 2 9 SUPPORTING CONDOMINIUM, TOWNHOUSE AND COOPERATIVE CONSTRUCTION WHEREAS, the City of Edina agrees that a full range of housing choices is critical for the competitiveness of our region and that home ownership is a key component of healthy communities and resilient economies; and WHEREAS, over the past decade, the production of condominiums, townhomes and cooperatives has declined dramatically; and WHEREAS, the City of Edina supports the bipartisan legislation, SF 1455/HF 1538, at the Minnesota legislature to support the development of condominiums, townhouses and cooperatives by reducing the risk of unwarranted litigation; and WHEREAS, the City of Edina affirms that to be effective, any legislation in Minnesota must include common sense elements: • A requirement that a majority of homeowner association members approve the decision to pursue legal action against development parties; and • A requirement for complete disclosure to homeowner association members regarding any alleged defects to enable association members to be fully informed before commencing legal proceedings; and • A requirement for mediation as a cost effective and preferred method of dispute resolution before proceeding with binding legal action; and • A requirement for all parties in any litigation to pay their own attorney's fees, as is required under comparable apartment and single family home warranty laws; and • A requirement that all homeowner associations adopt and implement a preventative maintenance plan. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City f Edina, Minnesota, that the City of Edina hereby supports these measures identified above to potentially increase condominium, townhouse and cooperative construction activit i t e community of Edina. Adopted by the City Council of the City of Edina, Minnesota on t I t ay of March 2017. Attest: R� ��,�►.� Jane M. Timm, Deputy City Clerk James B. Hovland, Mayor CITY OF EDINA 4801 West 50th Street•Edina,Minnesota 55424 www.EdinaMN.gov.952-927-8861 . Fax 952-826-0389 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 Resolution was duly adopted by the Edina City Council at its Regular Meeting of March 21, 2017, and as recorded in the Minutes of said Regular Meeting. WITNESS my hand and seal of said City this oZ I day of vv\, f U\� ��City Clerk