95-8295r
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RESOLUTION NO. 8295
RESOLUTION ELECTING TO PARTICIPATE IN THE LOCAL HOUSING INCENTIVES
ACCOUNT PROGRAM UNDER THE METROPOLITAN LIVABLE COMMUNITIES ACT
WHEREAS, the Metropolitan Livable Communities Act (1995 Minnesota Laws
Chapter 255) 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 Incentives Account, is intended to provide certain funding and other assistance 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 finding from the Minnesota Department of Trade and Economic Development
unless the municipality is participating in the Local Housing Incentives Account Program
under Minnesota Statues Section 473.254; and
WHEREAS, the Metropolitan Livable Communities Act requests 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, a metropolitan area municipality which elects to participate in the Local
Housing Incentive Accounts Program must do so by November 15 of each year; and
WHEREAS, the Metropolitan Council must adopt, by resolution after a public
hearing, the negotiated affordable and life-cycle housing goals for each municipality by
January 15, 1996; and
WHEREAS, by June 30, 1996, each municipality must identify to the Metropolitan
Council the actions the municipality plans to take to meet the established housing goals;
and
WHEREAS, for calendar year 1996, a metropolitan area municipality can participate
under Minnesota Statutes Section 473.254 only if: (a) the municipality elects to participate
in the Local Housing Incentives Account Program by November 15,1995; (b) the
Metropolitan Council and the municipality successfully negotiate affordable and life-cycle
housing goals for the municipality; and (c) by January 15, 1996 the Metropolitan Council
adopts by resolution the negotiated affordable and life-cycle housing goals for each
municipality.
Resolution No. 8295
-2-
NOW, THEREFORE, BE IT RESOLVED that the City of Richfield hereby elects to
participate in the Local Housing Incentives Program under the Metropolitan Livable
Communities Act during calendar year 1996.
Adopted by the City Council of the City of Richfield, Minnesota this 13th day of
November, 1995.
ATTEST:
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Thomas P. Ferber, City Clerk