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HomeMy WebLinkAboutCC RES 03-031 A RESOLUTION AUTHORIZING APPLICATION FOR THE TAX BASE REVITALIZATION ACCOUNT Meeting Sheet IIIIIIVIIIVIIIVIIIVIIIVIIIIIIIIIII ioaszo Box: 31 Folder: RES 2003 Document: CC RES 03-031 A RESOLUTION AUTHORIZING APPLICATION FOR THE TAX BASE REVITALIZATION ACCOUNT I - or • THE CITY OF ST. ANTHONY VILLAGE RESOLUTION 03- -31 RESOLUTION AUTHORIZING APPLICATION FOR THE TAX BASE REVITALIZATION ACCOUNT WHEREAS the City of St . Anthony Village is a participant in the Livable Communities Act ' s Housing Incentives Program for 2003 as determined by the Metropolitan Council, and is therefore eligible to make application for funds under the Tax Base Revitalization Account; and. WHEREAS the City has identified clean-up projects within the City that meets the Tax Base Revitalization account ' s purpose/s and criteria; and WHEREAS the City has the institutional, managerial and financial capability to ensure adequate project administration; and WHEREAS the City certifies that it will comply with all • applicable laws and regulations as stated in the contract agreements; and WHEREAS the City of St . Anthony Village agrees to act as legal sponsor for the project contained in the Tax Base Revitalization grant application submitted on May 1, 2003 ; BE IT FURTHER RESOLVED that the City of St . Anthony Village is hereby authorized to apply to the Metropolitan Council for this funding on behalf of the City of St . Anthony Village and to execute such agreements as are necessary to implement the projects on behalf of the applicant . Adopted this 22nd day of April, 2003. Mayor ATTEST: City Clerk Reviewed by administration: 41 City Manage EHLERS • & ASSOCIATES INC OTo: Mike Morrison—City Manager 21 From: Stacie Kvilvang—Associate Financial Advisor W Date: April 11, 2003 Subject: Metropolitan Council Tax Base Revitalization Grant Application The Metropolitan Council has funding available for asbestos abatement through its Tax Base Revitalization Account. Ehlers is in the process of preparing a grant application for funding of asbestos abatement at Apache Plaza (estimated to be between $300,000 and $600,000). In order for this grant request to be considered,the application must include a resolution of support for the project from the City in which the assistance is required(see attached copy). The Developer is in the process of having an asbestos survey completed so Ehlers may obtain bids for the required abatement. The estimates for this work will be received prior to submittal of the grant application on May 1, 2003, so we can request an actual funding amount, as well as document the nature of the contamination. The Tax Base Revitalization account specifically provides funds to implement an approved Response Action Plan (RAP), developed in conjunction with the MPCA, for an abatement program that meets the requirements of the AHERA standards. If the City is awarded funding in this round of • applications, it will assist the City in defraying the overall costs of redevelopment of the Northwest Quadrant. Please contact me at 651-697-8506 if you have any questions. • LEADERS IN PUBLIC FINANCE 3060 Centre Pointe Dnve Phone: 651-697-8506 Fax: 651-697-8555 Roseville, MN 55113-1105 skvilvang@ehlers-inc.com