IV.5. Metropolitan Council Livable Communities Transit Oriented Development Program Pre-development Funds – Artspace Market Study; Beekman (CR2017-133)November 1, 2017 Council Report 2017-133
Metropolitan Council Livable Communities Transit Oriented Development
Program Pre-development Funds – Artspace Market Study
Proposed Action
Staff recommends adoption of the following motion: Move to approve Resolution 2017-
072 identifying the need for Livable Communities Transit Oriented Development Pre-
development Funding and authorizing an application for grant funds.
Overview
The Metropolitan Council offers Livable Communities Act (LCA) grant funding for transit
oriented developments that promote moderate to high density development projects
located within walking distance of major transit stops. This year a certain portion of
available grant funds are allocated towards pre-development and zoning
implementation projects that promote transit oriented development patterns. Eligible
project areas must be located within an LCA-TOD Eligible Area and be within ½ mile of
a transit stop. Station stops along the SW LRT line are considered within the eligible
area.
In August 2017, the City completed a preliminary feasibility study with Artspace to
explore an affordable artist live/work development in Hopkins. The results of that initial
study were favorable and Artspace and Staff have recommended moving forward with
the next phase of analysis; a market study to evaluate the depth and breadth of a
market for arts-oriented spaces in Hopkins.
We would be requesting $30,000. The grant program requires a 25% match from the
local community, which can be an in-kind match using staff time.
Supporting Information
Resolution 2017-072
___________________________
Meg Beekman
Community Development Coordinator
Financial Impact: $_________Budgeted: Y/N ___ Source: __________
Related Documents (CIP, ERP, etc.): _______________________________________
Notes:_______________________________________________________________
Council Report 2017-133
Page 2
Alternatives
The Council has the following alternatives:
Approve Resolution 2017-072
Deny Resolution 2017-072 and opt not to apply for grant funding
RESOLUTION NO.2017-072
CITY OF HOPKINS,MINNESOTA
RESOLUTION IDENTIFYING THE NEED FOR LIVABLE COMMUNITIES
TRANSIT ORIENTED DEVELOPMENT FUNDING AND AUTHORIZING AN
APPLICATION FOR GRANT FUNDS
WHEREAS the City of Hopkins is a participant in the Metropolitan Livable
Communities Act (“LCA”) Local Housing Incentives Program for 2017 as determined by
the Metropolitan Council, and is therefore eligible to apply for LCA Livable
Communities Demonstration Account and Tax Base Revitalization Account Transit
Oriented Development (collectively, “TOD”) funds; and
WHEREAS the City has identified a proposed project within the City that meets TOD
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 City has the institutional, managerial and financial capability to
adequately manage an LCA-TOD grant; 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 acknowledges TOD grants are intended to fund projects or project
components that can serve as models, examples or prototypes for TOD development or
redevelopment 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 TOD initiative 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 TOD 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 TOD Project to occur at this particular site and at this particular time.
2.Finds that the TOD Project component(s) for which Livable Communities TOD
funding is sought:
(a) will not occur solely through private or other public investment within the
reasonably foreseeable future; and
(b) will occur within the term of the grant award (two years for Pre-Development
grants, and three years for Development grants, one year for Cleanup Site Investigation
grants and three years for Cleanup grants) only if Livable Communities TOD funding is
made available for this project at this time.
3.Authorizes its City Manager to submit on behalf of the City an application for
Metropolitan Council Livable Communities TOD grant funds for an Artspace Market
Study identified in the application, and to execute such agreements as may be necessary
to implement the TOD Project on behalf of the City.
Adopted this 6th day of November, 2017.
By:
______________________________
Molly Cummings, Mayor
Attest:
_______________________________
Amy Domeier, City Clerk