12-10630r RESOLUTION NO. 10630
RESOLUTION SUPPORTING WELLINGTON MANAGEMENT, INC.'S 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 6501 Lyndale Avenue (former
Kmart)for redevelopment as part of the Lakes at Lyndale redevelopment master plan
area; and
WHEREAS,Wellington Management, Inc. has proposed a redevelopment project
at 6501 Lyndale Avenue (former Kmart now known as Lyndale Station)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 28t" day of
February, 2012.
kfikr_
•
�1 b:
ie Goettel, Mayor
ATTEST:
■
Nancy Gibb3 ity Clerk