12-10628r RESOLUTION NO. 10628
CITY OF RICHFIELD, MINNESOTA
RESOLUTION IDENTIFYING THE NEED FOR LIVABLE COMMUNITIES TRANSIT ORIENTED
DEVELOPMENT FUNDING AND AUTHORIZING APPLICATIONS FOR GRANT FUNDS
WHEREAS the City of Richfield (the "City") 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 has identified proposed TOD Projects within the City that meet TOD purposes and
criteria and are consistent with and promote 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 TOD 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 acknowledges Livable Communities TOD grants are intended to fund projects or
project components that can serve as models, examples or prototypes for TOD development or redevelopment
elsewhere in the region, and therefore represents that the proposed TOD Projects or key components of the
proposed TOD Projects 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; and
WHEREAS cities may submit grant applications for up to three TOD Demonstration Account Projects
and up to six TOD Tax Base Revitalization Account Projects during each funding cycle, but, using the city's
own internal ranking processes, must rank their TOD Projects by priority so the Metropolitan Council may
consider those priority rankings as it reviews applications and makes grant awards.
NOW THEREFORE BE IT RESOLVED that, after appropriate examination and 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 TOD
Projects to occur at the sites indicated in the grant applications at this particular time.
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 the 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 these TOD Projects at this
time.
3. Ranks the TOD Project funding applications, according to the City's own internal priorities, in the
following order: (List grant applications here; the total number of Development and Pre-Development
grant applications from the City cannot exceed three and Tax Base Revitalization Account grant
applications cannot exceed six):
LCDATOD Project Names Grant amount
requested
1 Richfield Parkway $1,684,000.00
2 Lyndale Garden Center $1,500,000.00
3
3. Authorizes its Mayor and City Manager to submit on behalf of the City applications for Metropolitan
Council Livable Communities TOD grant funds for the TOD Project components identified in the
applications, and to execute such agreements as may be necessary to implement the TOD Projects on
behalf of the City.
Adopted by the City Council of the city of Richfield, Minnesota this 28th day of February, 2012.
/ 4,
Debbie Goettel, Mayor
ATTEST:
AMA
Nancy Gibbs, ' y Clerk