2008-07-09 CC Set Agenda & Handouts

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NOW THEREFORE BE IT RESOLVED that, after appropriate examination and consideration, the governing body of the City: Finds that it is in the best interests of the City's development goals and priorities for the proposed projects to occur at these particular sites at this particular time. 1. Finds that the project components for which Livable Communities Demonstration ACCOWlt funding is sought: (a) will not occur solely through private or other public investment within the reasonably foreseeable future; and (b) will not occur within two years after the grant award unless Livable Communities Demonstration ACCOWlt funding is made available for these projects at this time. 2. Ranks the project funding applications, according to the City's own internal priorities, in the following order: Priority Ranking Project Name Grant AmoWlt Required (1) (2) (3) (4) (5) Block 8 Redevelopment of Downtown Centerville Block 2 Redevelopment of Downtown Centerville $763,100 $475,000 3. Represents that the City has Wldertaken reasonable and good faith efforts to procure funding for the project component for which Livable Communities Demonstration ACCOWlt funding is sought but was not able to find or secure from other sources funding that is necessary for project component completion within two years and states that this representation is based on the following reasons and supporting facts: 4. Authorizes its Finance Director to submit on behalf of the City applications for Metropolitan COWlcil Livable Communities Demonstration ACCOWlt grant funds for the project components identified in the applications, and to execute such agreements as may be necessary to implement the projects on behalf of the City. Adopted this 9th day of July, 2008. Mayor Clerk 1