HomeMy WebLinkAboutResolution 21-25 DOCS-#215559-v1-RESOLUTION_APPROVING_GRANT_AGREEMENT_MET_COUNCIL_AMBER_UNIONCITY OF FALCON HEIGHTS
COUNCIL RESOLUTION
May 26, 2021
No. 21-25
A RESOLUTION APPROVING METROPOLITAN LIVABLE
COMMUNITIES ACT GRANT AGREEMENT
WHEREAS, the City of Falcon Heights ("City") applied for Tax Base Revitalization
Account grant funds through the Metropolitan Livable Communities Fund in the amount of $962,200
("Grant Funds") to assist with contamination cleanup for the development of the Buhl GTA, LP
("Buhl") development of a multifamily rental housing facility which includes 125 affordable
apartments ("Project") within the City;
WHEREAS, the City has been awarded the Grant Funds for the Project and, as a condition
of funding, is required to enter into the Metropolitan Livable Communities Act Grant Agreement
attached hereto ("Grant Agreement");
WHEREAS, the City agrees to the terms and obligations contained in the Grant Agreement
and desires to enter into the Grant Agreement;
WHEREAS, the City has the institutional, managerial and financial capability to ensure
adequate administration of the Project;
WHEREAS, the City will comply with all applicable laws and regulations as stated in the
Grant Agreement governing the Grant Funds;
WHEREAS, the City will require that Buhl execute the necessary loan documents as a
condition of release of the Grant Funds for the Project; and
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Falcon
Heights, Minnesota, that the Grant Agreement is hereby in all respects approved and that the Mayor
and City Administrator are hereby authorized to execute the Grant Agreement on behalf of the City
and to carry out, on behalf of the City, the City's obligations thereunder.
215559vt
ADOPTED this 26th day of May, 2021 by the City Council of Falcon Heights, Minnesota.
Moved by: Leehy Approved
Rndall C. X
afson
Mayor
GUSTAFSON
LEEHY
MIAZGA
ANDREWS
WEHYEE
_4 In Favor Attested by:
Sack Thongvanh
0_ Against City Administrator
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