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CR 11-069 Met Council Tax Revitilization Account Application - Former Park Nicollet SiteG\TY OF JulY 18, 2011 Council Report 2011-069 •NOPKINS MET COUNCIL TAX BASE REVITILAZATION ACCOUNT APPLICATION — FORMER PARK NICOLLET SITE Proposed Action Staff recommends adoption of the following motion: Move to approve resolution 2011-037 authorizing an application to the Livable Communities Act Tax Base Revitalization Account for the former Park Nicollet site. With this motion, the application will be submitted to the Met Council for their review. Overview At the request of Klodt Development , the City of Hopkins is being asked to support an clean- up investigation grant application for the redevelopment project proposed for the former Park Nicollet Clinic site. The application is to the Metropolitan Council Tax Base Revitalization Account. The grant funds are to be used for environmental testing and the preparation of a Response Action Plan for the site. A Phase I and initial testing revealed some asbestos material on the site. The grant will support further documentation and the development of the required plan. • The eventual clean up of the site will allow for it to be redeveloped into the proposed housing development. • Primary Issues to Consider By supporting the application the City of Hopkins is not obligated to perform the work and it will help to move the project forward. Supporting Information • Resolution 2011-037 of Planning & Development Financial Impact: $ 0 Budgeted: Y/N Source: Related Documents (CIP, ERP, etc.): Notes: CITY OF HOPKINS • HENNEPIN COUNTY, MINNESOTA RESOLUTION NO. 2011-037 RESOLUTION AUTHORIZING APPLICATION TO THE METROPOLITAN COUNCIL TAX BASE REVITALIZATION ACCOUNT FOR THE FORMER PARK NICOLLET CLINIC SITE WHEREAS the City of Hopkins is a participant in the Livable Communities Act's Local Housing Incentives Account Program for 2011 as determined by the Metropolitan Council, and is therefore eligible to make application apply for funds under the Tax Base Revitalization Account; and WHEREAS the City has identified a contamination clean-up project within the City that meets the Tax Base Revitalization Account's purpose/s and criteria; and WHEREAS the City has the institutional, managerial and financial capability to ensure • adequate project and grant administration; and WHEREAS the City certifies that it will comply with all applicable laws and regulations as stated in the contract grant agreements; and WHEREAS the City finds that the required contamination cleanup will not occur through private or other public investment within the reasonably foreseeable future without Tax Base Revitalization Account grant funding; and WHEREAS the City represents that it has undertaken reasonable and good faith efforts to procure funding for the activities for which Livable Communities Act Tax Base Revitalization Account funding is sought but was not able to find or secure from other sources funding that is necessary for cleanup completion and states that this representation is based on the following reasons and supporting facts: No other funding sources identified for this activity BE IT FURTHER RESOLVED that, if the City is awarded a Tax Base Revitalization Account grant for this project, the City Council of Hopkins, Minnesota acknowledges it will be the grantee and agrees to act as legal sponsor administer and be responsible for • grant funds expended for the project contained in the Tax Base Revitalization grant application submitted on August 1, 2011. Adopted this 19th day of July, 2011. Attest: Deborah L. Sperling, City Clerk I� U • Eugene J. Maxwell, Mayor