RES 17-026 SUPPORTING CONDOMINIUM, TOWNHOUSE AND COOPERATIVE CONSTRUCTION

Home Browse Search

CITY OF ST. ANTHONY VILLAGE STATE OF MINNESOTA RESOLUTION 17 -026 RESOLUTION SUPPORTING CONDOMINIUM, TOWNHOUSE AND COOPERATIVE CONSTRUCTION WHEREAS, the City of St. Anthony Village agrees that a full range of housing choices is critical for the competitiveness of our region and that home ownership is a key component of healthy communities and resilient economies; and 2. WHEREAS, over the past decade, the production of condominiums, townhomes and cooperatives has declined dramatically; and WHEREAS, the City of St. Anthony Village supports the bipartisan legislative efforts at the Minnesota legislature to support the development of condominiums, townhouses and cooperatives by reducing the risk of unwarranted litigation; and 4. WHEREAS, the City of St. Anthony Village affirms that to be effective, any legislation in Minnesota must include common sense elements: • A requirement that a majority of homeowner association members approve the decision to pursue legal action against development parties; and • A requirement for complete disclosure to homeowner association members regarding any alleged defects to enable association members to be fully informed before commencing legal proceedings; and • A requirement for mediation as a cost effective and preferred method of dispute resolution before proceeding with binding legal action; and • A requirement for all parties in any litigation to pay their own attorney's fees, as is required under comparable apartment and single family home warranty laws; and • A requirement that all homeowner associations adopt and implement a preventative maintenance plan. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of St. Anthony Village, Minnesota, that the City of St. Anthony Village hereby supports these measures identified above to potentially increase condominium, townhouse and cooperative construction activity in the community of St. Anthony Village. US. 110073866.04