HomeMy WebLinkAboutResolution - 2010-57 - Participation in Local Housing Incentives Account Program 2011-2020 - 08/17/2010 CITY OF EDEN PRAIRIE
HENNEPIN COUNTY,MINNESOTA
RESOLUTION NO. 2010-57
RESOLUTION ELECTING TO CONTINUE PARTICIPATING IN
THE LOCAL HOUSING INCENTIVES ACCOUNT PROGRAM
UNDER THE METROPOLITAN LIVABLE COMMUNITIES ACT
CALENDAR YEARS 2011 THROUGH 2O20
WHEREAS, the Metropolitan Livable Communities Act(Minnesota Statutes sections 473.25 to
473.255) establishes a Metropolitan Livable Communities Fund which is intended to address
housing and other development issues facing the metropolitan area defined by Minnesota Statutes
section 473.121; and
WHEREAS,the Metropolitan Livable Communities Fund, comprising the Tax Base Revitalization
Account, the Livable Communities Demonstration Account, the Local Housing Incentive Account
and the Inclusionary Housing Account, is intended to provide certain funding and other assistance to
metropolitan-area municipalities; and
WHEREAS, a metropolitan-area municipality is not eligible to receive grants or loans under the
Metropolitan Livable Communities Fund or eligible to receive certain polluted sites cleanup funding
from the Minnesota Department of Employment and Economic Development unless the
municipality is participating in the Local Housing Incentives Account Program under Minnesota
Statutes section 473.254; and
WHEREAS,the Metropolitan Livable Communities Act requires the Metropolitan Council to
negotiate with each municipality to establish affordable and life-cycle housing goals for that
municipality that are consistent with and promote the policies of the Metropolitan Council as
provided in the adopted Metropolitan Development Guide; and
WHEREAS,previously negotiated affordable and life-cycle housing goals for municipalities
participating in the Local Housing Incentives Account Program expire in 2010; and
WHEREAS, a metropolitan-area municipality can participate in the Local Housing Incentives
Account Program under Minnesota Statutes section 473.254 if (a)the municipality elects to
participate in the Local Housing Incentives Program; (b)the Metropolitan Council and the
municipality successfully negotiate new affordable and life-cycle housing goals for the municipality;
(c)the Metropolitan Council adopts by resolution the new negotiated affordable and life-cycle
housing goals for the municipality; and(d)the municipality establishes it has spent or will spend or
distribute to the Local Housing Incentives Account the required Affordable and Life-Cycle Housing
Opportunities Amount(ALHOA) for each year the municipality participates in the Local Housing
Incentives Account Program.
NOW,THEREFORE, BE IT RESOLVED THAT the City of Eden Prairie:
1. Elects to participate in the Local Housing Incentives Program under the Metropolitan
Liable Communities Act for calendar years 2011 through 2020.
2. Agrees to the following affordable and life-cycle housing goals for calendar years 2011
through 2020:
Affordable Housing Goals Range Life-Cycle Housing Goals Range
1,198 — 1,843 units 1,840—3,500 units
3. Will prepare and submit to the Metropolitan Council a plan identifying the actions it plans to
take to meet its established housing goals.
ADOPTED by the City Council on August 17,2010.
Phi oung, Mayor
ATTEST:
44t&42 A k-
Kath en Porta,City Clerk