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HomeMy WebLinkAboutResolution 26-51 Authorizing Met Council Livable Communities Act Grant Agreement for Fairway CommonsCITY OF FALCON HEIGHTS COUNCIL RESOLUTION June10,2026 No.26-51 RESOLUTION AUTHORIZING METROPOLITAN COUNCIL LIVABLE COMMUNITIES ACT GRANT AGREEMENT FOR FAIRWAY COMMONS WHEREAS, the City of Falcon Heights ("City") applied for Livable Communities Demonstration Account Development Grant Program funds through the Metropolitan Livable Communities Act Fund and was awarded $432500 ("Grant Funds") to assist with the Velair Development Company ("Velair") project of a 110-unit mixed-income senior housing, age- restricted apartrnent building; and WHEREAS, the City has been awarded the Grant Funds for the Project and, as a condition of funding, is required to enter into the Metuopolitan Livable Communities Act Grant Agreement attached hereto ("Grant Agreement"); and WHEREAS, the City agrees to the terms and obligations contained in the Grant Agreement and desires to enter into the Grant Agreemen! and VVI{EREAS, the City has the institutional, managerial and financial capability to ensure adequate administration of the Projec! and WHEREAS, the City will comply with all applicable laws and regulations as stated in the Grant Agreement goveming the Grant Funds; and VVI{EREAS, the City will require that Velair execute the necessary grant documents as a condition of release of the Grant Funds for the Project. 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. ADOPTED this Minnesota. \O day of Jtne, 2026 by the City Council of Falcon Heights, C Moved by: G.rS\af Sss Approved yor 45 GUSTAFSON MAY MIELKE At-,renv MOGEN WASSENBERG \ In Favor Attested by: o Against )ack Linehan City Administrator 46