7B, Approve Resolution 2011-008 in Support of Arden Village HOMECDBG Application

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ARDEN H�LLS CITY COLTNCIL — JUNE 14, 2010 1 i SA. Arden Village Workforce Housing Proposal — Updated Letter of Support for the Housing Tax Credit Application (continued} MOTION: Ma or Har stead moved and Council�nember Grant secondec� a motian to A rave the u dated Le�ter of Su ort for Sand Com anies Inc.'s housin tax credit a lica#ion to the Minnesofa Hansin Finance A enc for the Arden Vilta e ro'ect a# �296 Coun Road F for an a�no�unt not ta exceed �225 000 alon with the $2 000 waiver in the SAGWAC fees. Councilmember Holden quesiioned what other funding would be used beyond TTF. Co�munity Development Director Lehnhoff clarified that t�►is would ailow the City to waive building permit %es or other fees in iieu of TIF. Councilmember McC�ung stated he r�il support Option 1 but felt Option 2, with the cammunication tower would provide the City a great opportunity. Councilmember Grant indicated he would have supported t�e communication tawer as well; however time did not permii a full review. He explain�d he wouid be supporting Option 1. The rr�otian carried on a 3-�. vote. Holden a osed B. Ei�ner L. Andersen Mcmorial Trai[ Signage Approval Parks and Recreation Manager Olsan reviewed the signage history of the El�er L. Andersen Memorial Trail (EAMT) with the Counci�. She indicated staff budgeted $15,000 for the trail sigz�s frorr� the Special Revenu� Park Fund. Quotes were received from three sign cornpanies and the low 6id came in at $19,645 with the City's portion being $15,365. This included two pillars at Caunty Road E and Indian Place. Ramsey County has agreed to purchase one smaller pillar at the Lake .Tohanna Boulevard entrazzce for a consiruction and installation price of $4,300. Design costs totaling $2,170 would also be due ta Derrek Hames. The Parks, Trail �nd Recreatio� Comrnittee recornmends the irnal design to Council. The Elmer L. Andersen family has expressed their appreciation far dedicating this trail to their father and is honored to have been includEd in the design process for this signage. T�e signs pz-oductian and instailation will take approximately 2% to three manths from approval and ihe PTRC expressed interest in planning a dedication ceremony for t�►e Memorial Signage this falt. Councilmember Holden questioned how many signs were being purchased and asked the expected life expectaricy of these signs. Parks and Recreation Manager Olson indicated faur signs were being purchasec� far three different locations. �he stated the sign compaz�.y recommended a high end product to resist graffiti and outdoor wear and tear. Derrek Harr�es, sign desagner commented t�te signs vvould be fixed io concr�te tubes with bolts. The proposed maierial is the best technology avai�able and was used at tl�e new TCF Stadium.