HomeMy WebLinkAbout1995-253
/
("
r
f'
RESOLUTION NO. 95-253
RESOLUTION ELECTING TO PARTICIPATE IN
THE LOCAL HOUSING INCENTIVES ACCOUNT PROGRAM
UNDER THE METROPOLITAN LIVABLE COMMUNITIES ACT
CALENDAR YEAR 1996
WHEREAS, the Metropolitan Livable Communities Act (1995 Minnesota Laws Chapter 255) establishes a
Metropolitan Livable Communities Fund which is intended to address housing and other development issues
facing the metropolitan area defmed 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, the City of Stillwater approves the Housing principles and goals as stated in the housing goals
agreement; and
WHEREAS, by June 3D, 1996, each municipality must identify to the Metropolitan Council the actions the
municipality plans to take to meet the established housing goals; and
WHEREAS, the Metropolitan Council must adopt, by resolution after a public hearing, the negotiated
affordable and life-cycle housing goals for each municipality by January 15, 1996; 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 1996, a metropolitan area municipality can participate under Minnesota Statutes
section 473.254 only if: (a) the municipality elects to participant in the Local Housing Incentives Account
Program by November 15, 1995; (b) the Metropolitan Council and the municipality successfully negotiate
affordable and life-cycle housing goals for the municipality; and (c) by January 15, 1996 the Metropolitan
Council adopts by resolution the negotiated affordable and life-cycle housing goals for each 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 calendar year
1996.
Adopted by Council this 7th day of November 1995.
~/4
J . Ie, Mayor
ATfEST:
{Y"kL'. LI)I~~ -
Morli 'o/eldon, City Clerk