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HomeMy WebLinkAboutResolution - 95-196 - Participation Under the Metropolitan Livable Communities Act - 11/07/1995 CITY OF EDEN PRAIRIE HENNEPIN COUNTY, MINNESOTA RESOLUTION NO.0 5 " 19 6 RESOLUTION ELECTING TO PARTICIPATE IN THE METROPOLITAN LIVABLE COAVdUNITIES ACT CALENDAR YEAR 1996 WHEREAS, the Metropolitan Livable Communities Act (1995 Minnesota Laws Chapter 255) established a Metropolitan Livable Communities Fund to address housing and development issues facing the metropolitan area defined by Minnesota Statutes section 473.121; and WHEREAS, the Metropolitan Livable Communities Fund is intended to provide funding and other assistance to metropolitan area municipalities to help meet housing related goals, and must participating in the Local Housing Incentives Account Program; and WHEREAS, a metropolitan area municipality which elects to participate in the Local Housing Incentives Account Program must do so by November 15 of each year, and must agree to housing goals by December 14, 1995 that are realistic according to local market conditions and the availability of resources; and WHEREAS, the Metropolitan Council must adopt by resolution negotiated affordable and life- cycle housing goals for each municipality by January 15, 1996, and by June 30, 1996, each municipality must provide to the Metropolitan Council the actions it plans to take to meet agreed upon housing goals; and WHEREAS, the City agrees to make every effort possible, within funding and market limitations, to create more affordable housing opportunities in Eden Prairie; and WHEREAS, the City of Eden Prairie has closely evaluated the preliminary benchmarks suggested by the Metro Council and found them to be unrealistic when compared to local market conditions and available resources; and WHEREAS, the City has submitted a detailed proposal for achieving all affordable units possible with resources available and within local market conditions; and WHEREAS, the Metropolitan Council has assured the City of Eden Prairie through a communication dated October 23, 1995 from the Director of Community Development, that"Eden Prairie will be held accountable only for those things that you control" and that goal setting will be done that is "market-based", reflects funding realities and recognizes the abilities of local units of government to create an environment in which affordable and life cycle housing can occur; and WHEREAS, the City will not be penalized by the Metropolitan Council or the State Legislature if limited progress is achieved in creating more affordable housing in Eden Prairie due to market constraints and lack funding available resources; and WHEREAS, If the City and Metropolitan Council are unable to agree to specific housing goals by December 14, 1995, the City will opt not to participate in the 1996 Metropolitan Communities Program. NOW, THEREFORE, BE IT RESOLVED THAT the City of Eden Prairie hereby elects to participate in the Local Housing Incentives Program under the Metropo ' Livable Co m 'ties Act during calendar year 1996 according to the provisions stating in this eso lion. Jean L. Harris, Mayor ATTEST: �Iz Joh6p. Fran , City Clerk