Loading...
HomeMy WebLinkAbout2026-039_CCRMember Moore introduced the following resolution and moved its adoption: RESOLUTION NO. 2026- 039 RESOLUTION IDENTIFYING NEED FOR AN APPLICATION FOR A GRANT FROM THE METROPOLITAN COUNCIL LIVABLE COMMUNITIES DEMONSTRATION ACCOUNT (LCDA) FOR NEW GENERATIONS LLC AND ITS PROJECT AT 1500 69TH AVENUE NORTH WHEREAS, the City of Brooklyn Center supports the New Generations LLC project for 1500 69th Avenue North; and WHEREAS, the Metropolitan Council Livable Communities Demonstration Account (the “Program”) permits funding for, among other things, predevelopment and development work; and WHEREAS, New Generations LLC has identified a gap in its financing and needs assistance to complete assembly of their financing, complete predevelopment and develop the project; and WHEREAS, New Generations LLC desires to obtain funding for pre-development and development work related to their project located at 1500 69th Avenue North; and WHEREAS, the City has the institutional, managerial and financial capability to adequately manage a Program grant; and WHEREAS, the City certifies that it will comply with all applicable laws and regulations as stated in the grant agreement; and NOW, THEREFORE, BE IT RESOLVED that, after appropriate examination and due consideration, the governing body of the City: 1. Finds that it is in the best interests of the City’s development goals and priorities to apply for a Metropolitan Council Livable Communities Demonstration Account grant to fund pre-development and development work for New Generations LLC for its project at 1500 69th Avenue North. 2. Finds that the Metropolitan Council Livable Communities Demonstration Account grant funds may be used for this purpose. 3. Authorizes the Economic Development Coordinator to submit on behalf of the City an application to the Metropolitan Council Livable Communities Demonstration Account for grant funds for this purpose. RESOLUTION NO. 2026-039 March 23, 2026 Date Mayor ATTEST: City Clerk The motion for the adoption of the foregoing resolution was duly seconded by member Lawrence-Anderson and upon vote being taken thereon, the following voted in favor thereof: Graves, Jerzak, Kragness, Lawrence-Anderson, Moore and the following voted against the same: none whereupon said resolution was declared duly passed and adopted.