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HomeMy WebLinkAbout2001-170 Council ResolutionLivable Communities Participation page 3 01-170 Council Member 0 Donnell introduced the following resolution and moved its adoption. CITY OF LINO LAKES RESOLUTION NO. 01-170 RESOLUTION ELECTING TO CONTINUE PARTICIPATING IN THE LOCAL HOUSING INCENTIVES ACCOUNT PROGRAM UNDER THE METROPOLITAN LIVABLE COMMUNITIES ACT DURING 2002 WHEREAS, the Metropolitan Livable Communities Act (Minnesota Statutes 473.25 to 473.254) establishes a Metropolitan Livable Communities Fund which is intended to address housing and other development issues facing the metropolitan area; and WHEREAS, the Metropolitan Livable Communities Fund includes the Tax Base Revitalization Account, the Livable Communities Demonstration Account, the Local Housing Incentive Account, and the Inclusionary Housing Account; and WHEREAS, the Metropolitan Livable Communities Fund is intended to provide certain funding and other assistance to metropolitan area municipalities; and WHEREAS, a municipality is not eligible to receive grants or loans under the Metropolitan Livable Communities Fund or eligible to receive certain polluted sites cleanup funding from the Minnesota Department of Trade and Economic Development unless the municipality is participating in the Local Housing Incentive Account Program; and WHEREAS, a municipality that elects to participate in the Local Housing Incentives Account Program must do so by November 15 of each year; NOW, THEREFORE, BE IT RESOLVED that the City of Lino Lakes elects to participate in the Local Housing Incentives Account Program under the Metropolitan Livable Communities Act during the calendar year 2002. Adopted by the Lino Lakes City Council this Z2-% day of LcAv b. e , 2001. ATTEST: r, Deputy C-Ierk r ol"in J. Be ges on; Mayor Livable Communities Participation page 4 The motion for adoption of the foregoing resolution was duly seconded by Council Member Reinert and upon vote being taken thereon, the following voted in favor thereof: Councilmembers Reinert, Dahl, Bergeson, Carlson & O'Donnell. The following voted against same: None. Whereupon said resolution was declared passed and adopted. AGENDA ITEM 7 G STAFF ORIGINATOR: Jeff Smyser C. C. MEETING DATE: October 22, 2001 TOPIC: Resolution 01-170 Electing to Continue Participation in Livable Communities Program VOTE REQUIRED: 3/5 BACKGROUND The Metropolitan Livable Communities Act established a fund intended to address development issues in the Metro Area. To be eligible for the funds, a city must choose to participate in the program every year. The fund is divided into four accounts: Tax Base Revitalization Account: to clean up polluted land for new business development to provide new jobs. Livable Communities Demonstration Account: for models of compact, creative and efficient development and redevelopment. Lino Lakes received funding from this account to plan the Town Center. The City also was awarded money last year for implementation. Lino Lakes recently applied for an additional $1.5 million for implementation. Inclusionary Housing Account: to produce housing with a variety of prices and designs which serve families with a range of incomes and housing needs. Local Housing Incentives Account: for affordable and life -cycle housing initiatives to meet the housing needs of people of various stages of life and various incomes. Participation in the Program Numerous communities in the Metro Area submit applications for funding under the program. The funds are awarded on a competitive basis. In order to be eligible for consideration for any of the funding, a city must participate in the Local Housing Incentives Account Program. Participation includes working toward long-range goals for a greater variety of housing. We do not need to adopt new goals at this time. The ones adopted in 1998 continue to apply. No change is necessary now.