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HomeMy WebLinkAboutCity Council Resolution 2018-164 C ITY OF P LYMOUTH R ESOLUTION N O. 2018-164 R ESOLUTION A UTHORIZING A PPLICATION FOR THE T AX B ASE R EVITALIZATION A CCOUNT G RANT FOR T RUST B UILDERS AND D EVELOPERS, LLC WHEREAS, the City of Plymouth is a participant in the Livable Communities Act’s Local Housing Incentives Account Program for 2018 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 cleanup project within the City that meets the Tax Base Revitalization Account’s purposes and criteria and are consistent with and promote 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 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 the 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 these reasons and supporting facts. NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF PLYMOUTH, MINNESOTA authorizes Trust Builders and Developers, LLC to submit an application for Metropolitan Council Tax Base Revitalization Account grant funds. If the City is awarded a Tax Base Revitalization Account grant for this project, the City will be the grantee and agrees to act as legal sponsor to administer and be responsible for grant funds expended for the project contained in the Tax Base Revitalization grant application submitted on May 1, 2018 and further, that the Mayor and City Manager are authorized to execute the said application. APPROVED by the City Council on this 24th day of April, 2018. Resolution No. 2018-164 Page 2 of 2 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 April 26, 2018 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