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<br />10 eXlf(~"'- A- 'It- <br />I <br />t' CITY OF ARDEN HILLS <br /> RAMSEY COUNTY <br />I RESOLUTION 96-63 <br /> RESOLUTION ELECTING TO PARTICIPATE IN THE LOCAL HOUSING <br />I INCENTIVES ACCOUNT PROGRAM UNDER THE METROPOLITAN LIVABLE <br /> COMMUNITIES ACT <br />I CALENDAR YEAR 1997 <br /> WHEREAS, the Metropolitan Livable Communities Act (the Act) establishes a Metropolitan <br />I Livable Communities Fund (the Fund) which is intended to address housing and other <br /> development issues facing the metropolitan area as defined by Minnesota Statute 473.121; and <br />I WHEREAS, the Fund, is comprised ofthe Tax Base Revitalization Account, the Livable <br /> Communities Demonstration Account and the Local Housing Incentives Account, is intended to <br />I 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 />Ie Fund or eligible to receive certain polluted sites cleanup funding from the Minnesota Department <br /> 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 />I promote the policies of the Metropolitan Council as provided in the adopted Metropolitan <br /> Development Guide; and <br />I WHEREAS, each municipality must identify to the Metropolitan Council the actions the <br /> municipality plans to take to meet the established housing goals; and <br />I WHEREAS, the Metropolitan Council must adopt, by resolution after a public hearing, the <br /> negotiated affordable and life-cycle housing goals for each municipality; and <br />I WHEREAS, for calendar year 1997, a metropolitan area municipality can participate under <br /> Minnesota Statutes section 473.254 only if: the municipality elects to participate in the Local <br />I Housing Incentives Account Program by November 15, 1996; the Metropolitan Council and the <br /> municipality successfully negotiate affordable and life-cycle housing goals for the municipality; <br /> and by January IS, 1997 the Metropolitan Council adopts by resolution the negotiated affordable <br />I and life-cycle housing goals for the municipality; <br /> NOW, THEREFORE, BE IT RESOLVED THAT the City of Arden Hills hereby elects to <br />.. participate in the Local Housing Incentives Account Program lmder the Act during calendar year <br /> 1997. <br />I <br />