CC RES 10-054 RESOLUTION ELECTING TO CONTINUE PARTICIPATING IN THE LOCAL HOUSING INCENTIVES ACCOUNT PROGRAM UNDER THE METROPOLITAN LIVABLE COMMUNITIES ACT FOR CALENDAR YEARS 2011 THROUGH 2020

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CITY OF ST ANTHONY RESOLUTION No. 10-054 A RESOLUTION ELECTING TO CONTINUE PARTICIPATING IN THE LOCAL HOUSING INCENTIVES ACCOUNT PROGRAM UNDER THE METROPOLITAN LIVABLE COMMUNITIES ACT FOR CALENDAR YEARS 2011 THROUGH 2020. WHEREAS, the Metropolitan Livable Communities Act(Minnesota Statutes sections 473.25 to 473.255)establishes a Metropolitan Livable Communities Fund which is intended to address housing and other development issues facing the metropolitan area defined by Minnesota Statutes section 473.121; and WHEREAS, the Metropolitan Livable Communities Fund, comprising the Tax Base Revitalization Account, the Livable Communities Demonstration Account, the Local Housing Incentive Account and the Inclusionary Housing Account, is intended to provide certain funding and other assistance to metropolitan- area municipalities; and WHEREAS, the City of St. Anthony, a metropolitan-area municipality, is not eligible to receive grants or loans under the Metropolitan Livable Communities Fund or eligible to receive certain polluted sites clean-up funding from the Minnesota Department of Employment and Economic Development (DEED) unless St. Anthony is participating in the Local Housing Incentives Account Program under Minnesota Statutes section 473.254; and WHEREAS, 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 WHEREAS, previously negotiated affordable and life-cycle housing goals for municipalities participating in the Local Housing Incentives Account Program expire in 2010; and WHEREAS, St. Anthony as a metropolitan-area municipality can participate in the Local Housing Incentives Account Program under Minnesota Statutes, section 473.254 if: (a) the City of St. Anthony elects to participate in the Local Housing Incentives Program; (b) the Metropolitan Council and the City of St. Anthony successfully negotiated new affordable and life-cycle housing goals for the City of St. Anthony; (c) the Metropolitan Council adopts by resolution the new negotiated affordable and life-cycle housing goals for the City of St. Anthony; and (d) the City of St. Anthony establishes it has spent or will spend or distribute to the Local Housing Incentives Account the required Affordable and Life-Cycle Housing Opportunities Amount(ALHOA) for each year the City of St. Anthony participates in the Local Housing Incentives Account Program.