HomeMy WebLinkAboutResolution 97-62RESOLUTION NO. 97-62
RESOLUTION ELECTING TO CONTINUE PARTICIPATING M
THE LOCAL HOUSING INCENTIVES ACCOUNT PROGRAM
CINDER THE METROPOLITAN LIVABLE. CON[M- UNITIES ACT
CALENDAR YEAR 1998
WHEREAS, the Metropolitan Livable Communities Act (Minnesota Statues Section 473.25 to 473.254)
establishes a Metropolitan Livable Communities Fiend which is intended to address housing and other
development issues facing the metropolitan area defined by Minnesota Statutes section 473.121; and
V'HEREAS, the Metropolitan Livable Communities Fund, comprising the Tax Rase Revitalization
Account, the Livable Corrtmunities Demonstration Account and the Local Blousing incentive Account, is
intended to provide certain funding and other assistance to metropolitan area municipalities; and
WEER]EAS, a metropolitan area municipality is not eligible to receive grants or loans tinder the
Metropolitan Livable Communities Fund or eligible to receive certain polluted sites cleanup funding
from the Minnesota Depamnent of Trade and Economic Development unless the municipality is
participating in the Local Housing Incentives Account Program under the Minnesota Statutes section
473.254; and
WE EREAS, the Metropolitan Livable Communities Act requires the Metropolitan Council to negotiate
with each municipality to establish affordable and life -cycle housing goals for that municipality that are
consistent with and promote the policies of the Metropolitan Council as provided in the adopted-
Metropolitan Development Guide; and
VMEREAS, each municipality must identify to the Metropolitan Council the actions the municipality
plans to take to meet the established housing goals through preparation of the Housing Action Plan; and
WHEREAS, the Metropolitan Council adopted, by resolution after a public hearing, negotiated
affordable and life -cycle housing goals for each participating municipality; and
AS, a metropolitan area municipality which elects to participate in the Local. Housing
Incentives Account Program must do so by November 15 of each year; and
WIEREAS, for calendar year 1999, a metropolitan area municipality that participated in the Local
Housing Incentive Account Program during the calendar year 1997, can continue to participate under
Minnesota Statutes section 473.254 if. (a) the municipality elects to participate in the Local Housing
Incentives Account Program by November 15, 1997; and (b) the Metropolitan Council and the
municipality have successfully negotiated affordable and life-cycle housing goals for the municipality:
NOW, THEREFORE, BE IT RESOLVER THAT the (specific municipality) hereby elects to
participate in the Local Housing Incentives Program under the Metropolitan Livable Communities Act
during calendar year 1995. d
jvg Clerk /