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HomeMy WebLinkAboutResolution No. 2021-93 Liviable Communities Grant ApplicationRESOLUTION NO. 2021-93 CITY OF EDINA, MINNESOTA RESOLUTION IDENTIFYING THE NEED FOR LIVABLE COMMUNITIES DEMONSTRATION ACCOUNT FUNDING AND AUTHORIZING APPLICATION FOR GRANT FUNDS WHEREAS, the City of Edina ("City") is a participant in the Livable Communities Act's Local Housing Incentives Account Program for 2021 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 September 26, 2021; and 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 project or key components of the proposed project 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. NOW THEREFORE BE IT RESOLVED that, after appropriate examination and due consideration, the governing body of the City: • Finds that it is in the best interests of the City's development goals and priorities for the proposed project or projects to occur at these particular sites and at this particular time. • Finds that the project components for which Livable Communities Demonstration Account funding is sought: CITY OF EDINA 4801 West 50th Street • Edina, Minnesota 55424 Amount Requested Project Name Cornelia View Apartments $1,315,700 y of October 2021. Attest Sha on lison, City Cleric o will not occur solely through private or other public investment within the reasonably foreseeable future; and o will occur within three years after a grant award only if Livable Communities Demonstration Account funding is made available for this project at this time. BE IT ALSO RESOLVED the City has undertaken reasonable and good faith efforts to procure funding for the project components 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 completion within three years and states that this representation is based on the following reasons and supporting facts: IT FINALLY RESOLVED that the City of Edina authorize Development Manager to submit on behalf of the City an applicatio Council Livable Communities Demonstration Account grant funds fo identified in the application(s), and to execute such agreements as project(s) on behalf of the City. 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 October 5, 2021, and as recorded in the Minutes of said Regular Meeting. WITNESS my hand and seal of said City this day of , 20 City Clerk its Affordable Housing applications for Metropolitan e project component(s) necessary to implement the Fames B. Hovland, Mayor