96-8398r
73
RESOLUTION NO. 8398
RESOLUTION ELECTING TO CONTINUE PARTICIPATING IN
THE LOCAL HOUSING INCENTIVES ACCOUNT PROGRAM
UNDER THE METROPOLITAN LIVABLE COMMUNITIES ACT
CALENDAR YEAR 1997
WHEREAS, the Metropolitan Livable Communities Act (Minnesota Statutes
Section 473.25 to 473.254) establishes a Metropolitan Livable Communities Fund
which is intended to address housing and other development issues facing the
Metropolitan Area defined by Minnesota Statutes Section 473.121; and
WHEREAS, the Metropolitan Livable Communities Fund, comprising the Tax
Base Revitalization Account, the Livable Communities Demonstration Account and the
Local Housing Incentive Account, is intended to provide certain funding and other
assistant to metropolitan area municipalities; and
WHEREAS, a metropolitan area municipality is not eligible to receive grants or
loans under the Metropolitan Livable Communities Fund or eligible to receive certain
polluted sites cleanup funding from the Minnesota Department of Trade and Economic
Development unless the municipality is participating in the Local Housing Incentives
Account Program under the Minnesota Statutes Section 473.254; and
WHEREAS, the Metropolitan Livable Communities Act requires the Metropolitan
Council to negotiate with each municipality to establish affordable and life-cycle housing
goals for that municipality that are consistent with and promote the policies of the
Metropolitan Council as provided in the adopted Metropolitan Development Guide; and
WHEREAS, each municipality must identify to the Metropolitan Council the
actions the municipality plans to take to meet the established housing goals through
preparation of the Housing Action Plan; and.
WHEREAS, the Metropolitan Council adopted, by resolution after a public
hearing, negotiated affordable and life-cycle housing goals for each participating
municipality; and
WHEREAS, a metropolitan area municipality which elects to participate in the
Local Housing Incentives Account Program must do so by November 15 of each year;
and
WHEREAS, for calendar year 1997, a metropolitan area municipality that did not
participate in the Local Housing Incentive Account Program during the calendar year
1996, can participate under Minnesota Statutes Section 473.254 only if: (a) the
municipality elects to participate in the Local Housing Incentives Account Program by
Resolution No. 8398
Page two
November 15, 1996; and (b) the Metropolitan Council and the municipality have
. successfully negotiated affordable and life-cycle housing goals for the municipality.
NOW, THEREFORE, BE IT RESOL VEO that the City of Richfield hereby elects
to participate in the Local Housing Incentives Program under the Metropolitan Livable
Communities Act during the calendar year 1997.
Adopted by the City Council of the City of Richfield, Minnesota this 28th day of
October, 1996.
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ATTEST:
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Thomas P. Ferber, City Clerk