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'It <br /> EN HILLS <br /> Request for Council Action 9A <br /> Prepared By: Meagan Beekman, City Planner Council Meeting Date: May 14, 2012 <br /> Letter of Support for Arden Village MHFA Tax Credit Application and Extension Request <br /> Budgeted Amount: Actual Amount: Funding Source: <br /> NA NA NA <br /> Recommendation: <br /> Staff recommends that the City provide a renewed letter of support, which does not include TIF <br /> assistance. <br /> Staff further recommends approving the amendment to Section 5.0, Subd A.2, of the Development <br /> Agreement for Arden Village, LLC to extend the building permit deadline to June 30, 2013. <br /> Supporting Documents: <br /> 1. Memorandum from Meagan Beekman, dated May 14, 2012 <br /> 2. May 14, 2012, Letter of Support <br /> 3. Arden Village Development Agreement Amendment No. 2 <br /> 4. March 19, 2012, Meeting Minutes <br />