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09-12 Resolution No. 11392 RESOLUTION NO. 11392 RESOLUTION SUPPORTING THE SUBMITTAL OF AN APPLICATION TO HENNEPIN COUNTY FOR TRANSIT ORIENTED DEVELOPMENT PROGRAM FUNDS FOR CEDAR POINT 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 certain property for redevelopment within the Cedar Corridor Redevelopment Area; and WHEREAS, Inland Development Partners has proposed a redevelopment project within the Cedar Corridor Redevelopment Area; and 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 12th day of September, 2017. Pat Elliott, Mayor ATTEST: Elizabeth VanHoo e, City Clerk