12-10629r RESOLUTION NO. 10629
RESOLUTION SUPPORTING THE SUBMITTAL OF AN APPLICATION TO
HENNEPIN COUNTY FOR TRANSIT ORIENTED DEVELOPMENT PROGRAM FUNDS
FOR LYNDALE AVENUE SOUTH
WHEREAS, the City of Richfield (the "City") is a city located within Hennepin
county and is therefore eligible to access the Transit Oriented Development (TOD)
Grant; and
WHEREAS, the City had identified the property at 6400 Lyndale Avenue (former
Lyndale Garden Center)for redevelopment as part of the Lakes at Lyndale
redevelopment master plan area; and
WHEREAS, The Cornerstone Group has proposed a redevelopment project at
6400 Lyndale Avenue (former Lyndale Garden Center now known as Lyndale Gardens)
for redevelopment;
WHEREAS, the City approves participation in this program as a multi-
jurisdictional project; and
WHEREAS, the City recognizes the need for, and benefit of, transit oriented
improvements as part of this proposed development.
NOW, THEREFORE BE IT RESOLVED, that the City Council supports and
otherwise affirms and ratifies the submittal of application (in accordance with Minnesota
Statutes § 383B.77, Subd. 3.), for the Transit Oriented Design Program administered by
Hennepin County Housing and Redevelopment Authority and authorizes the Mayor and
City Manager to execute any agreements as are necessary to implement the project on
behalf of the applicant.
Adopted by the City Council of the City of Richfield, Minnesota this 28th day of
February, 2012.
D4,61,
:,
Debbie Goettel, Mayor
ATTEST:
Nancy Gibb4 ity Clerk