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Item No. 5c. Staff Report No. Meeting Date: 9/28/98 Type of Business: CA WK: Work Session;PH:Public Hearing; CA:Consent Agenda;CB:Council Business Ci of Mounds View Staff Report To: Honorable Mayor and City Council From: Steve Dorgan,Housing Inspector Item Title/Subject: Resolution electing to continue to participate in the Local Housing Incentives Account Program under the Metropolitan Livable Communities Act Date of Report: September 23, 1998 SUMMARY By November 15, 1998 each metropolitan community must decide whether or not to continue in the Livable Communities Act program. To do so, each community must pass a resolution in support of the program. Each city must also demonstrate that they have spent an amount equal to or greater than the Affordable and Life Cycle Housing Amount(ALHOA) calculated by the Metropolitan Council each year. If a city does not spend an amount of its ALHOA it must submit that amount to the Metropolitan Council or local housing authority. Mounds View's ALHOA for 1998 and for 1999 is $0. Participation in the program, allows the City access to three separate funding accounts set up by the Metropolitan Council. These include the Tax Base Revitalization Account, Livable Communities Demonstration Program, and the Local Housing Incentives Account. This also allows Mounds View access to Local Planning Assistance Grants and Loans. Mounds View and the North Metro 35W Coalition have received grants through participation in this program. Attached is Resolution No. 5269 supporting the Livable Communities Act and stating that the City of Mounds View will continue to participate in the program. RECOMMENDATION Staff recommends that the City Council approve Resolution No. 5269 supporting the Livable Communities Act and stating that the City of Mounds View will continue to participate in the program. SThltft Steve Dorgan, Housing Inspector Attachments: Resolution No. 5269 N:\DATA\GROUPS\COMDEV\HOUSING\LIVCOMM\CCM9 28.98