CR2012-040 Resolution of Support - Tax Base Revitalization Account for the Former Lutheran Digest PropertyNS
April 26, 2012 HOPKICity Council Rpt 2012-040
RESOLUTION OF SUPPORT - TAX BASE REVITALIZATION ACCOUNT FOR
THE FORMER LUTHERAN DIGEST PROPERTY
Proposed Action
Staff recommends adoption of the following motion: Approve Resolution 2012-
027 to the Metropolitan Council Tax Base Revitalization Account for the former
Park Nicollet/Lutheran Digest properties Phase 213.
Overview
Klodt Development, the selected developer for the former Park Nicollet Clinic
site, has recently executed a purchase agreement for the former Lutheran Digest
property at 31 9X Avenue South. The property will be included in the proposed
redevelopment project that will construct approximately 162 residential units and
4500 square feet of flex retail space.
In order to access grant funds to pay for environmental investigation on the
Lutheran Digest property, the developer has requested City of Hopkins support
for the application.
The addition of the Lutheran Digest property will allow for a larger project and
one that uses the land most efficiently. This is in line with the City's goals of
creating additional housing options in the downtown to support both area
businesses and future SW LRT ridership.
Primary Issues to Consider
Supporting the application for grant funds does obligate the City of Hopkins to be
the administering entity. Our staff is familiar with that role and has successfully
administered many environmental clean-up grants in the past.
anning & Development
Financial Impact: $ 0 Budgeted: Y/N Source:
Related Documents (CIP, ERP, etc.):
Notes:
CITY OF HOPKINS
HENNEPIN COUNTY, MINNESOTA
RESOLUTION NO. 2012-027
RESOLUTION AUTHORIZING APPLICATION TO THE METROPOLITAN COUNCIL
TAX BASE REVITALIZATION ACCOUNT FOR THE
FORMER PARK NICOLLET/LUTHERAN DIGEST SITE PHASE 2B
WHEREAS the City of Hopkins is a participant in the Livable Communities Act's Local
Housing Incentives Account Program for 2012 as determined by the Metropolitan
Council, and is therefore eligible to make application 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 source 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 May 1, 2012.
Adopted this 1st day of May, 2012
In
Eugene J. Maxwell, Mayor
Attest:
Kris Luedke, City Clerk