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HomeMy WebLinkAbout2020-039 CCRMember Butler introduced the following resolution and moved its adoption: RESOLUTION NU. 2020-039 RESOLUTION IDENTIFYING THE NEED FOR LIVABLE COMMUNITIES DEMONSTRATION ACCOUNT ("LCDA") FUNDING AND AUTHORIZING AN APPLICATION FOR GRANT FUNDS WHEREAS, the City of Brooklyn Center is a participant in the Metropolitan Livable Communities Act ("LCA") Local Housing Incentives Program for 2020 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 a proposed project within the City that meets LCDA purposes and criteria and 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 the institutional, managerial and financial capability to adequately manage an LCDA 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 LCDA grants are intended to fund projects or project components that can serve as models, examples or prototypes for LCDA development or redevelopment 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 WHERES, only a limited amount of grant funding is available through the Metropolitan Council's Livable Communities LCDA initiative 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 LCDA grant funding. 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 pr7orities for the following proposed LCDA project to occur at this particular site at this particular time: JO Companies — Brooklyn Center 2. Finds that that LCDA Project component(s) for which Livable Communities LCDA funding 0s sought: Resolution No. 2020-039 3 a. Will not occur solely through private or other public investment within the reasonable 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,) only if Livable Communities LCDA funding is made available for this project at this time. Authol7zes the Business and Workforce Development Specialist to submit on behalf of the City an application for Metropolitan Council Livable Communities LCDA grant funds for the LCDA project components identified in the application, and to execute such agreements as may be necessary to implement the LCDA Mav 11.2020 Date _ ATTEST: City Clerk The motion for the adoption of the foregoing resolution was duly seconded by Commissioner Graves and upon vote being taken thereon, the following voted in favor thereof. Butler, Elliott, and Graves and the following voted against the same: Lawrence -Anderson and Ryan whereupon said resolution was declared duly passed and adopted. 2