HomeMy WebLinkAboutResolution - 2018-96 - Livable Communities Demonstration Account Funds - 08/21/2018 CITY OF EDEN PRAIRIE
HENNEPIN COUNTY MINNESOTA
RESOLUTION NO.2018-96
RESOLUTION IDENTIFYING THE NEED FOR LIVABLE
COMMUNITIES DEMONSTRATION ACCOUNT FUNDING AND
AUTHORIZING AN APPLICATION FOR GRANT FUNDS
WHEREAS the City of Eden Prairie is a participant in the Livable Communities
Act("LCA") Local Housing Incentives Account Program for 2018 as determined by the
Metropolitan Council, and is therefore eligible to apply for Livable Communities
Demonstration Account("LCDA") funds; and
WHEREAS the City has identified a proposed project within the City that meets the
LCDA'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
adequately manage an LCA LCDA grant; 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(s) contained in the
grant application submitted on August 9, 2018; and
WHEREAS the City acknowledges LCDA 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 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 LCDA 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:
1. Finds that it is in the best interests of the City's development goals and priorities for the
proposed project to occur at this particular site and at this particular time, subject to all
necessary approvals.
2. Finds that the project components for which LCDA funding is sought:
(a) will not occur solely through private or other public investment within the
reasonably foreseeable future, and
(b) will occur within three years after a grant award only if LCDA funding is made
available for this project at this time.
3. Represents that the City has undertaken reasonable and good faith efforts to procure funding for
the project components for which LCDA funding is sought but was not able to find or secure
from other sources funding that is necessary for project component completion.
4. Authorizes its Mayor and City Manager to submit on behalf of the City an application for
Metropolitan Council LCDA grant funds for the project component(s) identified in the
application, and to execute such agreements as may be necessary to implement the project on
behalf of the City.
Project applied for: Trail Pointe Ridge/Smith Village
ADOPTED by the City Council of the City of Eden Prairie this 21st day of August, 2018.
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ATTEST:
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Kathl n P rta, City Clerk