10-10366rRESOLUTION NO. 10366
RESOLUTION SUPPORTING TERRY MCNELLIS' AND MIKE SWENSON'S
SUBMITTAL OF AN APPLICATION TO HENNEPIN COUNTY
FOR TRANSIT ORIENTED DEVELOPMENT (TOD) PROGRAM GRANT 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 6400 Lyndale Avenue (Woodlake
Plaza) for redevelopment as part of the Lakes at Lyndale redevelopment master plan area;
and
WHEREAS Terry McNellis and Mike Swenson have proposed a project at 6400
Lyndale Avenue (Woodlake Plaza) for redevelopment with. 90-units of rental housing; and
WHEREAS the City has approved Tax Increment Financing (TIF) for the Woodlake
Plaza Housing 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 Grant
administered by the 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 25th day of May
2010.
e bie Goettel, Mayor
ATTEST:
1
Nancy Gibbs, ty Clerk