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HomeMy WebLinkAboutCity Council Resolution 2023-200 C ITY OF P LYMOUTH R ESOLUTION N O. 2023-200 R ESOLUTION I DENTIFYING THE N EED FOR L IVABLE C OMMUNITIES D EMONSTRATION A CCOUNT F UNDING AND A UTHORIZING A PPLICATION FOR G RANT F UNDS WHEREAS, the City of Plymouth is a participant in the Livable Communities Act’s Local Housing Incentives Account Program for 2023, as determined by the Metropolitan Council, and is therefore eligible to apply for Livable Communities Demonstration Account funds; and WHEREAS, the city has identified a proposed project within the city that meets the Demonstration Account’s 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 ensure adequate project administration; 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 agrees to act as legal sponsor for the project contained in the grant application; and WHEREAS, the city acknowledges Livable Communities Demonstration Account grants are intended to fund projects or project components that can serve as models, examples or prototypes for development or redevelopment projects 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 Demonstration Account 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 Demonstration Account grant funding; and WHEREAS, 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 project to occur at this site and at this particular time. 2. Finds that the project components for which Livable Communities Demonstration Account funding is sought: a. Will not occur solely through private or other public investment within the reasonably foreseeable future; and b. Will occur within three years after a grant award only if Livable Communities Demonstration Account funding is made available for this project at this time. 3. Represents that the city has undertaken reasonable and good faith efforts to procure funding for the project components for which Livable Communities Demonstration Account funding is sought but was not able to find or secure from other sources funding that is necessary for project component Resolution 2023-200 Page 2 completion within three years and states that this representation is based on the following reasons and supporting facts: Project Name Amount Requested Highway 55 Apartments - Plymouth $1,250,000.00 4. Authorizes its City Manager to submit the grant application on behalf of the city for Metropolitan Council Livable Communities Demonstration Account grant funds for the project identified in the application, and to execute such agreements as may be necessary to implement the project on behalf of the city. NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF PLYMOUTH, MINNESOTA that the Highway 55 Apartments – Plymouths grant application is approved. APPROVED by the City Council on this 8th day of August, 2023. STATE OF MINNESOTA) COUNTY OF HENNEPIN) SS The undersigned, being the duly qualified and appointed City Clerk of the City of Plymouth, Minnesota, certifies that I compared the foregoing resolution adopted at a meeting of the Plymouth City Council on August 8, 2023, with the original thereof on file in my office, and the same is a correct transcription thereof. WITNESS my hand officially as such City Clerk and the Corporate seal of the city this ________day of ___________________, _________. __________________________________ City Clerk