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Res 1997-58 RESOLUTION NO. 58 - 1997 CUD/ A RESOLUTION AUTHORIZING APPLICATION FOR THE LIVABLE COMMUNITIES DEMONSTRATION PROGRAM; HYDE PARK/51m AVENUE IMPROVEMENT PROJECT WHEREAS, the City of Fridley is a participant in the Livable Communities Act' s Housing Incentives Program for 1996 as determined by the Metropolitan Council, and is therefore eligible to make application for funds under the Livable Communities Demonstration Account; and WHEREAS, the City has identified a proposed project within the City that meets the Demonstration 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 Council of the City of Fridley, Minnesota, agrees to act as legal sponsor for the project contained in the Demonstration Account application submitted on Friday, August 8, 1997. BE IT FURTHER RESOLVED that the City Manager is hereby authorized to apply to the Metropolitan Council for this funding on behalf of the City of Fridley and to execute such agreements as are necessary to implement the project on behalf of the applicant. PASSED AND ADOPTED BY THE CITY COUNCIL IN AND FOR THE CITY OF FRIDLEY THIS 28TH DAY OF JULY, 1997 . 4gY J E O - MAYOR ATTEST: tk.1116",-f•-- CL WILLIAM A. CHAMPA - CITY CLERK /07