HomeMy WebLinkAboutCity Council Resolution 2011-215CITY OF PLYMOUTH
RESOLUTION No. 2011-215
A RESOLUTION IDENTIFYING THE NEED FOR LIVABLE COMMUNITIES DEMONSTRATION
ACCOUNT FUNDING AND AUTHORIZING AN APPLICATION FOR GRANT FUNDS
WHEREAS, the City of Plymouth is a participant in the Livable Communities Act's
Housing Incentives Program for 2011 as determined by the Metropolitan Council, and is
therefore eligible to apply for Livable Communities Demonstration Account fiends; 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 capacity 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 submitted on July 15, 2011; and
WHEREAS, the city acknowledges Livable Communities Demonstration Account
grants are intended to fiind 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 fiinding
cycle and the Metropolitan Council has determined it is appropriate to allocate those scarce
grant fiinds only to eligible projects that would not occur without the availability of
Demonstration Account grant fiinding.
NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF
THE CITY OF PLYMOUTH, MINNESOTA, that, after appropriate examination and due
consideration, the governing body of the city;
I . Finds that it is in the best interest of the city's development goals and priorities for the
proposed project to occur at this particular site and at this particular time.
2. Finds that the project component(s) for which Livable Communities Demonstration
Account fiinding is sought;
a. Will not occur solely through private or other public investment within the
reasonably foreseeable fiiture; and
Resolution 2011 -
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b. Will occur within three years after a grant award only if Livable Communities
Demonstration Account fiinding 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 activities for which Livable Communities Demonstration Account
funding is sought but was not able to find or secure from other sources fiinding that is
necessary for completion of the activities within three years and states that this representation
is based on the following reasons and supporting facts:
a. City of Plymouth General Fund — with the decrease values and revenues, the
city's priorities for the use of tax revenues needs to focus on the essential
services; police and fire, infrastructure provision and maintenance and protective
inspections. The City has approved Tax Increment Financing for the Project, but
it is not sufficient to cover all of the costs.
b. Hennepin County — The Developer will apply for assistance from the County, but
it is anticipated that it will not be sufficient to cover all of the costs and their
funding is limited.
c. Minnesota Housing — the Developer will apply to Minnesota Housing for tax
credits and other fiinding, however their fiends are limited and highly competitive.
4. Authorizes its community City Manager to submit on behalf of the city an application
for Metropolitan Council Livable Communities Demonstration Account Grant fiends for the
project component(s) identified in the application, and to execute such agreements as may be
necessary to implement the project on behalf of the city.
Adopted this 12th day of July, 2011.
STATE OF MINNESOTA)
COUNTY OF HENNEPIN) SS.
The undersigned, being the duly qualified and appointed City Cleric of the City of Plymouth, Minnesota,
certifies that I compared the foregoing resolution adopted at a meeting of the PIN -mouth City Council on July
12, 2011 v th 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
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