HomeMy WebLinkAbout1997-261
RESOLUTION NO. 97-261
.
RESOLUTION ELECTING TO CONTINUE PARTICIPATING IN TIlE LOCAL HOUSING INCENTNES
ACCOUNT PROGRAM UNDER THE METROPOLITAN LN ABLE COMMUNITIES ACT
CALENDAR YEAR 1998
WHEREAS, the Metropolitan Livable Communities Act (Minnesota Statues 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 Incentive 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 the 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 1998, a metropolitan area municipality that participated in the Local Housing
Incentive Account Program during the calendar year 1997, can continue to participate under Minnesota Statutes
Section 473.254 if (a) the municipality elects to participate in the Local Housing Incentives Account Program by
November 15, 1997; and (b) the Metropolitan Council and the municipality have successfully negotiated
affordable and life-cycle housing goals for the municipality:
NOW, THEREFORE, BE IT RESOLVED THAT the City of Stillwater hereby elects to
participate in the Local Housing Incentives Program under the Metropolitan Livable Communities Act during the
calendar year 1998.
By:
It! ~.~ {d~p\
Clerk
By:
. Adopted by Counctl thJs 28th Day of Octob,er, 1997.