05-9642r
242
RESOLUTION NO. 9642
RESOLUTION IDENTIFYING THE NEED FOR
LIVABLE COMMUNITIES DEMONSTRATION ACCOUNT FUNDING AND
AUTHORIZING AN APPLICATION FOR GRANT FUNDS, CEDAR CORRIDOR
WHEREAS the City of Richfield is a participant in the Livable Communities Act's
Housing Incentives Program for 2005 as determined by the Metropolitan Council, and is
therefore eligible to apply for Livable Communities Demonstration Account funds; and
WHEREAS the City has identified the Cedar Corridor streetscape improvements as
a proposed project within the City that meets the Demonstration Account's purposes and
criteria and IS consistent with ana promotes the purposes of the Metropolitan Livable
Communities Act and the policies of the Metropolitan Council's adopted metropolitan
development guide; and
WHEREAS the City has the institutional, managerial and financial capability to
ensure adequate project administration; and
WHEREAS the City certifies that it will comply with all applicable laws and
regulations as stated in the grant agreement; and
WHEREAS the City agrees to act as legal sponsor for the project contained in the
grant application submitted on June 30, 2005; and
WHEREAS the City acknowledges Livable Communities Demonstration Account
grants are intended to fund projects or project components that can serve as models,
examples or prototypes for aevelopment or redevelopment projects elsewhere in the
region, and therefore represents that the proposed project or key components of the
proposed project can be replicated in other metropolitan-area communities; and
WHEREAS only a limited amount of grant funding is available through the
Metropolitan Council's Livable Communities Demonstration Account during each funding
cycle and the Metropolitan Council has determined it is appropriate to allocate those
scarce grant funds only to eligible projects that would not occur "but for" the availability of
Demonstration Account grant funding.
NOW THEREFORE BE IT RESOLVED that, after appropriate examination and due
consideration, the governing body of the City:
1. Finds that it IS in the best interests of the City's development goals and priorities for
the proposed project to occur at this particular time.
2. Finds that the project component(s) for which Livable Communities Demonstration
Account funding is sought:
(a) will not occur solely through private or other public investment within the
reasonably foreseeable future; and
(b) will not occur within two years after a grant award unless Livable Communities
Demonstration Account funding is maoe available for this project at this time.
3. Authorizes its staff to submit on oehalf of the City an application for Metropolitan
Council Livable Communities Demonstration Account grant funds for the project
component(s) identified in the application, and to execute such agreements as may
be necessary to implement the project on behalf of the City.
Adopted by the City Council of the City of Richfield, Minnesota th's ~2thpay of July,
2005. \ ·
ATTEST:
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