HomeMy WebLinkAboutResolution - 2012-125 - Need for Livable Communities Transit Funding and Application for Grant - 09/04/2012 CITY OF EDEN PRAIRIE
HENNEPIN COUNTY MINNESOTA
RESOLUTION NO, 2012-125
A RESOLUTION IDENTIFYING THE NEED FOR LIVABLE COMMUNITIES
TRANSIT ORIENTED DEVELOPMENT FUNDING AND AUTHORIZING AN
APPLICATION FOR GRANT FUNDS
WHEREAS,the City of Eden Prairie is a participant in the Metropolitan Livable
Communities Act("LCA") Local Housing Incentives Program for 2012 as determined by the
Metropolitan Council, and is therefore eligible to apply for LCA Livable Communities
Demonstration Account and Tax Base Revitalization Account Transit Oriented Development
(collectively, "TOD") Funds; and
WHEREAS,the City of Eden Prairie has identified a proposed project within the City
that meets TOD 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 of Eden Prairie has the institutional, managerial and financial
capability to adequately manage an LCA TOD grant; and
WHEREAS,the City of Eden Prairie certifies that it will comply with all applicable laws
and regulations as stated in the grant agreement; and
WHEREAS, the City of Eden Prairie acknowledges TOD grants are intended to fund
projects or project components that can serve as models, examples or prototypes for TOD
development of redevelopment elsewhere in the region, and therefore represents that the
proposed TOD Project or key components of the proposed TOD 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 TOD initiative during each funding cycle and the
Metropolitan Council has determined it is appropriate to allocate those scarce grant funds only to
eligible TOD Projects that would not occur without the availability of TOD grant funding.
NOW,THEREFORE,BE IT RESOLVED that, after appropriate examination and due
consideration,the City Council of the City of Eden Prairie:
1. Finds that it is in the best interests of the City's development goals and priorities for the
proposed TOD Project to occur at this particular site and at this particular time; and
2. Finds that the TOD Project components for which Livable Communities TOD funding is
sought:
a. will not occur solely through private or other public investment within the
reasonably foreseeable future; and
b. will occur within the term of grant award (two years for Pre-Development grants,
and three years for Development Grants, one year for Cleanup Site Investigation
grants and three years for Cleanup grants) only if Livable Communities TOD
funding is made available for this TOD Project at this time.
3. Authorizes its Mayor and City Manager to submit on behalf of the City an application for
Metropolitan Council Livable Communities TOD grant funds for the TOD Project
components identified in the application, and to execute such agreements as may be
necessary to implement the TOD Project on behalf of the City.
ADOPTED by the City Council of the City of Eden Prairie this 4h day of September, 2012.
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