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City Council Regular Meeting Minutes May 22, 2018 Page 6 City Manager Casey introduced a request of the Council to authorize the City Manager to execute the Acknowledgement of Receptivity of a Metropolitan Council Livable Communities Act (LCA) Funding Award. The Minnesota Housing Finance Agency (MHFA) administers a grant program on behalf of the Metropolitan Council, which is intended to support the development of affordable housing. This grant is made possible through the 1995 Livable Communities Act (LCA) and is funded by the Metropolitan Council's Local Housing Incentives Account (LHIA). 9 The grant is a source that is traditionally used to fill the financing gap on an affordable housing 10 development. If these funds are awarded by MHFA to the project, it is required that the City is 11 the Grantee of these funds and then the City passes the funding through to the project. These are 12 different funds than the Livable Communities Demonstration Account (LCDA) or Tax Base 13 Revitalization Account (TBRA) grants which are administered directly by the Met Council. 14 Aeon will also pursue these funding sources and those funds are available through a separate 15 Request for Proposals process. For the project to be eligible for the grant, the Metropolitan 16 Council requires matching funds from the local jurisdiction in which the project is located. In 17 this case, the requested Tax Increment Financing would serve as the match. 18 19 Ms. Gould stated this will allow Aeon to diversify the funds that are put into the project. 20 21 Motion by Councilmember Randle, seconded by Councilmember Gray, to authorize the City 22 Manager to execute the Acknowledgement of Receptivity of a Metropolitan Council Livable 23 Communities Act (LCA) Funding Award. 24 25 Councilmember Gray stated he knows this solution will not please everyone. The Attorney for 26 the Lowry Grove group thought the City should put in more money. 27 28 Motion carried 5 -0. 29 30 E. Update on Basic Water Management Petition. 31 32 Mr. Kyle Axtell, Rice Creek Watershed District (RCWD) Project Manager, presented a 33 PowerPoint containing the Ramsey County Ditches 2, 3, and 5 Basic Water Management 34 Petition Project Update — Phase 2. Mr. Axtell reviewed the Petition Background: The Early 35 Days, Phase 1, The Saga Continues; Phase 2 Feasibility Studies; Phase 3 Prioritization & Cost 36 Allocation; Phase 4 Implementation; What's Next for Phase 2, Draft Phase 2 Scope of Work; 37 Proposed Projects to be Studied; and Phase 2 Timeline, Cost and Outcomes. 38 39 Mr. Axtell provided the Petition for Watershed Project, Amended Petition, adding the City of 40 Roseville and directing further proceedings, and New Brighton/St. Anthony Basic Water 41 Management Project — Phase 1 Rice Creek Watershed District. The Scope of Work has been 42 provided to City Staff for comment. 43 44 Councilmember Jenson referred to Draft Phase 2 Scope of Work and noted on some of the items 45 significant staff input was needed. Mr. Axtell stated the input is needed from St. Anthony, 46 Roseville, and New Brighton.