Res 1996-92 e"o1. ,
RESOLUTION NO. 92 - 1996
RESOLUTION ELECTING TO CONTINUE PARTICIPATION IN
THE LOCAL HOUSING INCENTIVES ACCOUNT PROGRAM
UNDER THE METROPOLITAN LIVABLE COMMUNITIES ACT
FOR CALENDAR YEAR 1997
WHEREAS, the Metropolitan Livable Communities Act (Minnesota Statutes
section 473.25 to 473.254) establishes a Metropolitan Livable
Communities Fund which is intended to address housing and other
development issues facing the metropolitan area defined by Minnesota
Statutes section 473.121; and
WHEREAS, the Metropolitan Livable Communities Fund, comprising the
Tax Base Revitalization Account, the Livable Communities
Demonstration Account, and the Local Housing Incentives Account, is
intended to provide certain funding and other assistance to
metropolitan area municipalities; and
WHEREAS, a metropolitan area municipality is not eligible to receive
grants or loans under the Metropolitan Livable Communities Fund or
eligible to receive certain polluted sites cleanup funding from the
Minnesota Department of Trade and Economic Development unless the
municipality is participating in the Local Housing Incentives Account
Program under Minnesota Statutes section 473.254; and
WHEREAS, the Metropolitan Livable Communities Act requires the
Metropolitan Council to negotiate with each municipality to establish
affordable and life cycle housing goals for that municipality that
are consistent with and promote the policies of the Metropolitan
Council as provided in the adopted Metropolitan Development Guide;
and
WHEREAS, each municipality must identify to the Metropolitan Council
the actions the municipality plans to take to meet the established
housing goals through preparation of the Housing Action Plan; and
WHEREAS, the Metropolitan Council adopted, by resolution after a
public hearing, negotiated affordable and life cycle housing goals
for each participating municipality; and
WHEREAS, a metropolitan area municipality which elects to participate
in the Local Housing Incentives Account Program must do so by
November 15 of each year; and
WHEREAS, for calendar year 1997, a metropolitan area municipality
that did not participate in the Local Housing Incentive Account
Program during the calendar year 1996, can participate under
Minnesota Statutes section 473.254 only if: (a) the municipality
elects to participate in the Local Housing Incentives Account Program
by November 15, 1996; and (b) the Metropolitan Council and the
municipality have successfully negotiated affordable and life cycle
housing goals for the municipality.
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Page 2 - Resolution No. 92 - 1996
NOW, THEREFORE, BE IT RESOLVED, that the City Council of the City of
Fridley hereby elects to participate in the Local Housing Incentives
Program under the Metropolitan Livable Communities Act during
calendar year 1997 .
PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF FRIDLEY THIS
14TH DAY OF OCTOBER, 1996.
WILLIAM J. NK - MAYOR
ATTEST:
LiL a. C4
WILLIAM A. CHAMPA - CICLERK
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