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HomeMy WebLinkAbout2024-24 CCRMember Jerzak introduced the following resolution and moved its adoption: RESOLUTION NO. 2024-24 RESOLUTION ACKNOWLEDGING AWARDED FUNDS FOR LIVABLE COMMUNITIES ACT LIVABLE COMMUNITIES DEMONSTRATION ACCOUNT DEVELOPMENT FUNDING AND AUTHORIZING ACCEPTANCE OF GRANT FUNDS FOR NEW GENERATIONS LLC WHEREAS, the City of Brooklyn Center, Minnesota was a participant in the Livable Communities Act (“LCA”) Local Housing Incentives Account Program for 2023, as determined by the Metropolitan Council, and was therefore eligible to apply for Livable Communities Demonstration Account (“LCDA”) funds; and WHEREAS, only a limited amount of grant funding is available through the Metropolitan Council’s LCA initiatives during each funding cycle and the Metropolitan Council has determined it is appropriate to allocate those scarce grant funds only to eligible projects that would not occur without the availability of LCA grant funding; and WHEREAS, the City has identified proposed projects within the City that meet LCDA purposes and criteria and the proposal submitted by New Generations LLC for a project located at 1500 69th Avenue North is consistent with and promotes 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 traditionally supported grant applications by agreeing to act as legal sponsor for the project; and WHEREAS, the City Council of the City of Brooklyn Center, Minnesota formally identified the need for Livable Communities Demonstration Account funding and authorized City staff to submit on behalf of the City an application to said account for New Generations LLC on March 27, 2023 and under City Council Resolution No. 2023-48; and, WHEREAS, the City-supported New Generations LLC development at 1500 69th Avenue North was ultimately awarded $1,000,000 in LCDA grant funds on December 13, 2023; and WHEREAS, the City acknowledges LCDA grants are intended to fund projects or project components that can serve as models, examples, or prototypes for development or redevelopment projects elsewhere in the region, and therefore represents that the proposed project or key components of the proposed project can be replicated in other metropolitan-area communities; and WHEREAS, the City certifies that it will comply with all applicable laws and regulations as stated in the grant agreement. RESOLUTION NO. 2024-24 NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Brooklyn Center, Minnesota that: 1.The development proposed by New Generations LLC and for 1500 69th Avenue North contains components for which LCDA funding was awarded and: 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 Development grants) expiring December 31st, 2026. 2.It authorizes its City Manager to accept the awarded funds on behalf of the City for the application for the Fall 2023 funding cycle for Metropolitan Council Livable Communities Demonstration Account grant funds, for the project components identified in the application, and to execute such agreements as may be necessary to implement the project on behalf of the City. February 12, 2024 Date Mayor Pro Tem ATTEST: City Clerk The motion for the adoption of the foregoing resolution was duly seconded by member Kragness and upon vote being taken thereon, the following voted in favor thereof: Butler, Jerzak, Kragness, Lawrence-Anderson and the following voted against the same: none whereupon said resolution was declared duly passed and adopted.