11-1095r HRA RESOLUTION NO. 1095
RESOLUTION IDENTIFYING THE NEED FOR LIVABLE COMMUNITIES
DEMONSTRATION ACCOUNT FUNDING AND AUTHORIZING AN APPLICATION FOR
GRANT FUNDS
WHEREAS, the City of Richfield is a participant in the Livable Communities Act's
Housing Incentives Program for 2011 as determined by the Metropolitan Council, and is
therefore eligible to apply for Livable Communities Demonstration Account funds; and
WHEREAS, the City of Richfield Housing and Redevelopment Authority ("HRA")
has identified a proposed project within the City that meets the Demonstration Account's
purposes and criteria and is consistent with and promotes the purposes of the Metropolitan
Livable Communities Act and the policies of the Metropolitan Council's adopted
metropolitan development guide; and
WHEREAS, the HRA has the institutional, managerial and financial capability to
ensure adequate project administration; and
WHEREAS, the HRA certifies that it will comply with all applicable laws and
regulations as stated in the grant agreement; and
WHEREAS, the HRA agrees to act as legal sponsor for the project contained in the
grant application submitted on July 15, 2011; and
WHEREAS, the HRA acknowledges Livable Communities Demonstration Account
grants are intended to fund projects or project components that can serve as models,
examples or prototypes for development 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 without the availability of
Demonstration Account grant funding.
NOW THEREFORE BE IT RESOLVED, that, after appropriate examination and due
consideration, the governing body of the HRA:
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 site
and 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 occur within two years after a grant award only if Livable
Communities Demonstration Account funding is made available for
this project at this time.
3. Represents that the HRA has undertaken reasonable and good faith
efforts to procure funding for the project component for which Livable
Communities Demonstration Account funding is sought but was not
able to find or secure from other sources funding that is necessary for
project component completion within two years and states that this
representation is based on the following reasons and supporting facts:
The Developer has applied for and received a limited amount of
funding towards the planning process; however it is not sufficient to
fund the more comprehensive planning process this project warrants.
Additionally, the HRA, City, and Developer do not have the funds
needed for the scope of the project.
4. Authorizes Executive Director to submit on behalf 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 Housing and Redevelopment Authority in and for the City of
Richfield, Minnesota this 25th day of July, 2011.
%._.--1 ,„.„...e 4. Adt,./4.44,,
9ne M. Sandahl, Chair
ATTEST:
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'ian Helmberger, Secre 4:ry