1995-093
o
o
o
CITY OF HOPKINS
Hennepin County, Minnesota
RESOLUTION NOe 95-93
RESOLUTION ELECTING TO PARTICIPATE IN
THE LOCAL HOUSING INCENTIVES ACCOUNT PROGRAM
UNDER THE METROPOLITAN LIVABLE COMMUNITIES ACT
WHEREAS, the Metropolitan Livable Communities Act (1995 Minnesota Laws
Chapter 255) establishes a Metropolitan Livable Communities Fund, which is intended
to address housing and other development issues facing the metropolitan area
defined by Minnesota Statutes section 473.121; and
WH EREAS, the Metropolitan Livable Communities Fund, comprising the Tax Base
Revitalization Account, the Livable Communities Demonstration Account, and the
Local Housing Incentives Account, is intended to provide certain funding and other
assistance to metropolitan area municipalities; and
WHEREAS, a metropolitan area municipality is not eligible to receive grants or
loans under the Metropolitan Livable Communities Fund or eligible to receive certain
polluted sites cleanup funding from the Minnesota Department of Trade and
Economic Development unless the municipality is participating in the Local Housing
Incentives Account Program under Minnesota Statues section 473.254; and
WHEREAS, the Metropolitan Livable Communities Act requires the Metropolitan
Council to negotiate with each municipality to establish affordable and life-cycle
housing goals for that municipality that are consistent with and promote the policies of
the Metropolitan Council as provided in the adopted Metropolitan Development
Guide; and
WHEREAS, by June 30, 1996, each municipality must identify to the Metropolitan
Council the actions the municipality plans to take to meet the established housing
goals; and
WHEREAS, the Metropolitan Council must adopt by resolution after a public
hearing, the negotiated affordable and life-cycle housing goals for each
municipality by January 15, 1996; and
WHEREAS, a metropolitan area municipality that elects to participate in the
Local Housing Incentives Account Program must do so by November 15 of each
year; and
RESOLUTION NO: 95-93
Page 2
o
WHEREAS, for calendar year 1996, a metropolitan area municipality can
participate under Minnesota Statues section 473.254 only if: (a) the municipality elects
to participate in the Local Housing Incentives Account Program by November 15,
1995; (b) the Metropolitan Council and the municipality successfully negotiate
affordable and life-cycle housing goals for the municipality; and, (c) by January 15,
1996, the Metropolitan Council adopts, by resolution, the negotiated affordable and
life-cycle housing goals for each municipalitYe
NOW, THEREFORE, BE IT RESOLVED that the City of Hopkins hereby elects to
participate in the Local Housing Incentives Program under the Metropolitan Livable
Communities Act during calendar year 1996.
Adopted this 17r1A day of 0& ~bel-
, 1995.
o
o