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<br /> <br /> <br />CITY OF LINO LAKES <br />RESOLUTION NO. 21-98 <br /> <br />RESOLUTION ELECTING TO PARTICIPATE IN <br />THE LOCAL HOUSING INCENTIVES ACCOUNT PROGRAM <br />UNDER THE METROPOLITAN LIVABLE COMMUNITIES ACT <br /> <br />CALENDAR YEARS 2021 THROUGH 2030 <br /> <br />WHEREAS, the Metropolitan Livable Communities Act (Minnesota Statutes sections 473.25 to <br />473.255) establishes a Metropolitan Livable Communities Fund which is intended to address <br />housing and other development issues facing the metropolitan area defined by Minnesota <br />Statutes section 473.121; and <br /> <br />WHEREAS, the Metropolitan Livable Communities Fund, comprising the Tax Base <br />Revitalization Account, the Livable Communities Demonstration Account, the Local Housing <br />Incentive Account and the Inclusionary Housing Account, is intended to provide certain funding <br />and other assistance to metropolitan-area municipalities; and <br /> <br />WHEREAS, a metropolitan-area municipality is not eligible to receive grants or loans under the <br />Metropolitan Livable Communities Fund or eligible to receive certain polluted sites cleanup <br />funding from the Minnesota Department of Employment and Economic Development unless the <br />municipality is participating in the Local Housing Incentives Account Program under Minnesota <br />Statutes section 473.254; and <br /> <br />WHEREAS, the Metropolitan Livable Communities Act requires that each municipality <br />establish affordable and life-cycle housing goals for that municipality that are consistent with and <br />promote the policies of the Metropolitan Council as provided in the adopted Metropolitan <br />Development Guide; and <br /> <br />WHEREAS, a metropolitan-area municipality can participate in the Local Housing Incentives <br />Account Program under Minnesota Statutes section 473.254 if: (a) the municipality elects to <br />participate in the Local Housing Incentives Program; (b) the Metropolitan Council and the <br />municipality successfully negotiate new affordable and life-cycle housing goals for the <br />municipality; (c) the Metropolitan Council adopts by resolution the new negotiated affordable <br />and life-cycle housing goals for the municipality; and (d) the municipality establishes it has spent <br />or will spend or distribute to the Local Housing Incentives Account the required Affordable and <br />Life-Cycle Housing Opportunities Amount (ALHOA) for each year the municipality participates <br />in the Local Housing Incentives Account Program. <br /> <br />NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Lino Lakes: <br /> <br />1. Elects to participate in the Local Housing Incentives Program under the Metropolitan <br />Livable Communities Act for calendar years 2021 through 2030. <br /> <br />2. Agrees to the following affordable and life-cycle housing goals for calendar years 2021 <br />through 2030: