2014-026 Indentifying the Need for Livable Communities Transit Orientated Development FundingRESOLUTION NO. 2014-026
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 2014 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 the TOD Project
component(s) 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 3`d day of June, 2014.
By:
Eug J. axwell, Mayor
Attest:
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Amy Domeier, City Clerk