RES 2012-57 - 14952Resolution No. 2012 -57
CITY OF FRIDLEY, MINNESOTA
RESOLUTION IDENTIFYING THE NEED FOR LIVABLE COMMUNITIES TRANSIT
ORIENTED DEVELOPMENT FUNDING AND AUTHORIZING APPLICATIONS FOR
GRANT FUNDS
WHEREAS the City of Fridley is a participant in the Metropolitan Livable Communities Act
( "LCA ") Local Housing Incentives Program for 2012 as determined by the Metropolitan
Council, and is therefore eligible to apply for LCA Livable Communities Demonstration
Account and Tax Base Revitalization Account Transit Oriented Development (collectively,
"TOD ") funds; and
WHEREAS the City has identified proposed TOD Projects within the City that meet TOD
purposes and criteria and are consistent with and promote the purposes of the Metropolitan
Livable Communities Act and the policies of the Metropolitan Council's adopted metropolitan
development guide; and
WHEREAS the City has the institutional, managerial and financial capability to adequately
manage an LCA TOD grant; and
WHEREAS the City certifies that it will comply with all applicable laws and regulations as
stated in the grant agreement; and
WHEREAS the City acknowledges Livable Communities TOD grants are intended to fund
projects or project components that can serve as models, examples or prototypes for TOD
development or redevelopment elsewhere in the region, and therefore represents that the
proposed TOD Projects or key components of the proposed TOD Projects can be replicated in
other metropolitan -area communities; and
WHEREAS only a limited amount of grant funding is available through the Metropolitan
Council's Livable Communities TOD initiative during each funding cycle and the Metropolitan
Council has determined it is appropriate to allocate those scarce grant funds only to eligible TOD
Projects that would not occur without the availability of TOD grant funding; and
WHEREAS cities may submit grant applications for up to three TOD Demonstration Account
Projects and up to six TOD Tax Base Revitalization Account Projects during each funding cycle,
but, using the city's own internal ranking processes, must rank their TOD Projects by priority so
the Metropolitan Council may consider those priority rankings as it reviews applications and
makes grant awards.
NOW THEREFORE BE IT RESOLVED that, after appropriate examination and consideration,
the governing body of the City:
1. Finds that it is in the best interests of the City's development goals and priorities for the
proposed TOD Projects to occur at the sites indicated in the grant applications at this
particular time.
Resolution No. 2012 -57 Page 2
2. Finds that the components of the TOD Project for which Livable Communities TOD
funding is sought:
(a)will not occur solely through private or other public investment within the reasonably
foreseeable future; and
(b) will occur within the term of the grant award (two years for Pre - Development
grants, and three years for Development grants, one year for Cleanup Site
Investigation grants and three years for Cleanup grants) only if Livable Communities
TOD funding is made available for these TOD Projects at this time.
3. Ranks the TOD Project funding applications, according to the City's awn internal
priorities, in the fallowing order:
Priority
TBRA TOD Project Names
Grant amount
requested
1
2
3
4
5
6
LCDA TOD Project Names
Grant amount
requested
1
Fridley Narthstar TOD - TIF Master Plan
$100,000
2
Fridley Narthstar TOD — University Ave Pedestrian
Bridge
$100,000
3
Fridley Narthstar TOD — 57th Avenue Parkway
Overpass
$256,723
3. Authorizes its staff to submit on behalf of the City applications for Metropolitan Council
Livable Communities TOD grant funds for the TOD Project components identified in the
applications.
PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF FRIDLEY THIS
THIS 20TH DAY OF AUGUST, 2012.
SCOTT J. LUND — MAYOR
ATTEST:
bL44
DEBRA A. SKOGETO CITY CLERK