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12-10655r RESOLUTION NO. 10655 RESOLUTION AUTHORIZING SUBMITTAL OF AN APPLICATION TO THE METROPOLITAN COUNCIL LIVABLE COMMUNITIES TAX BASE REVITALIZATION ACCOUNT FOR CONTAMINATION CLEAN-UP GRANT FUNDS FOR 6400 LYNDALE AVENUE WHEREAS, the City of Richfield is a participant in the Livable Communities Act's Local Housing Incentives Account Program for 2012 as determined by the Metropolitan Council, and is therefore eligible to make application apply for funds under the Tax Base Revitalization Account; and WHEREAS, the City has identified a contamination clean-up project within the City that meets the Tax Base Revitalization Account's purposes and criteria; and WHEREAS, the City has the institutional, managerial and financial capability to ensure adequate project and grant administration; and WHEREAS, the City certifies that it will comply with all applicable laws and regulations as stated in the contract grant agreements; and WHEREAS, the City finds that the required contamination cleanup will not occur through private or other public investment within the reasonably foreseeable future without Tax Base Revitalization Account grant funding; and WHEREAS, the City represents that it has undertaken reasonable and good faith efforts to procure funding for the activities for which Livable Communities Act Tax Base Revitalization Account funding is sought but was not able to find or secure from other sources funding that is necessary for cleanup completion and states that this representation is based on the following reasons and supporting facts: Due to the existence of soil contaminants, including heavy metals, arsenic, mercury and lead, and the existence of asbestos materials within the existing structures, the clean-up costs are significant. BE IT FURTHER RESOLVED, that if the City is awarded a Tax Base Revitalization Account grant for this project, the City Council of Richfield, Minnesota acknowledges it will be the grantee and agrees to act as legal sponsor administer and be responsible for grant funds expended for the project contained in the Tax Base Revitalization grant application submitted on May 1, 2012. Adopted by the City Council of the City of Richfield, Minnesota this 8th day of May, 2012. 0 !� ie Goettel, Mayor ATTEST: AttA Nancy Gibbs, ' Clerk