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HomeMy WebLinkAboutResolution - 2020-71 - TOD Development Grant Agreement for Town Center - 07/14/2020CITY OF EDEN PRAIRIE HENNEPIN COUNTY, MINNESOTA RESOLUTION NO. 2020-71 A RESOLUTION APPROVING THE TRANSIT ORIENTED DEVELOPMENT PROGRAM GRANT AGREEMENT FOR EDEN PRAIRIE TOWN CENTER WHEREAS, on February 7, 2019, the City submitted a grant application to the Hennepin County Housing and Redevelopment Authority ("HCHRA") Transit-Oriented Development ("TOD") Program for monetary assistance to complete the construction of a multi-use trail connection to the Eden Prairie Town Center LRT station (the "Project"); and WHEREAS, on May 14, 2019, the HCHRA authorized an award to the City in the amount of $150,000 for the Project (the "Grant"); and WHEREAS, on May 21, 2019, the City Council approved Resolution No. 2019-63 accepting the Grant; and WHEREAS, the HCHRA now requires the City to execute a grant agreement governing the use of Grant funds. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF EDEN PRAIRIE, that the Transit Oriented Development Program Grant Agreement with the Hennepin County Housing and Redevelopment Authority is hereby approved and the Mayor and City Manager are authorized to execute the Agreement on behalf of the City of Eden Prairie. ADOPTED by the Eden Prairie City Council on July 14, 2020. Ronald A Case, Mayor ATTEST: