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<br />I txHI ~T A J/z <br />I. CITY OF ARDEN HILLS <br /> RAMSEY COUNTY <br />I - <br /> RESOLUTION 95-75 <br />I RESOLUTION ELECTING TO PARTICIPATE IN THE LOCAL HOUSING <br /> INCENTIVES ACCOUNT PROGRAM UNDER THE METROPOLITAN LIVABLE <br /> COMMUNITIES ACT <br />I CALENDAR YEAR 1996 <br />I WHEREAS, the Metropolitan Livable Communities Act (the Act) establishes a Metropolitan <br /> Livable Communities Fund (the Fund) which is intended to address housing and other <br />I development issues facing the metropolitan area as defined by Minnesota Statute 473.121; and <br /> WHEREAS, the Fund, is comprised of the Tax Base Revitalization Account, the Livable <br />. Communities Demonstration Account and the Local Housing Incentives Account, is intended to <br /> provide certain funding and other assistance to metropolitan area municipalities; and <br />. WHEREAS, a metropolitan area municipality is not eligible to receive grants or loans under the <br /> Fund or eligible to receive certain polluted sites cleanup funding from the Minnesota Department <br />I- of Trade and Economic Development unless the municipality is participating in the Local <br /> Housing Incentives Account Program under Minnesota Statutes section 473.254; and <br />I WHEREAS, the Act requires the Metropolitan Council to negotiate with each municipality to <br /> establish affordable and life-cycle housing goals for that municipality that are consistent with and <br /> promote the policies of the Metropolitan Council as provided in the adopted Metropolitan <br />I Development Guide; and <br /> WHEREAS, by June 30,1996 each municipality must identify to the Metropolitan Council the <br />. actions the municipality plans to take to meet the established housing goals; and <br /> WHEREAS, the Metropolitan Council must adopt, by resolution after a public hearing, the <br />I negotiated affordable and life-cycle housing goals for each municipality by January 15, 1996; <br /> and <br />I WHEREAS, for calendar year 1996, a metropolitan area municipality can participate under <br /> Minnesota Statutes section 473.254 only if: the municipality elects to participate in the Local <br /> Housing Incentives Account Program by November 15, 1995; the Metropolitan Council and the <br />I municipality successfully negotiate affordable and life-cycle housing goals for the municipality; <br /> and by January 15, 1996 the Metropolitan Council adopts by resolution the negotiated affotdable <br />. and life-cycle housing goals for the municipality; <br />.. <br />I <br /> ------------ <br />