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��r°��t;��a�� ..a��:��' �."��a��,�� ,-��. ��°��;rro3�� Attachment A Grant No. SGOQ7-121 Grant No. SG007-143 Grant No. SG009-079 Agreement Requiring Repayment of Metropolitan Liva�le Communities Act Grant Funds Made Available as Loans to the Sienna Green Project in Roseville THIS AGREEMENT is made and entered into by ti�e Metropolitan Council (the "Council") and the City of Roseville (the "City"). WHEREAS, in 2007 the Council awarded the City two Metropolitan Livable Comrnunities Act ("LCA") grants to help fi.�nd the first phase of the City's Sienna Green project (the "ProjecY'), formerly known as the Har Mar Apartments project; and W�IEREAS, Grant No. SG007-12 [(as amended on October 7, 2009) made $305,000.00 in i�ivable Communities DemonstraYion Accaunt ("LCDA") grant funds availabEe to the City far the Project; and WHEREAS, Grant No. SG007-143 (as amended on October 7, 2009) made $121,500.00 in Tax Base Revitalization Account ("TBRA") grant funds available to the City for the Project; and WHEREAS, in late 2009 and early 2010 the Council incorporated into its LCA grant agreements provisions that authorize LCA grantees to make LCA grant funds available as loans to project owners so the owners can take advantage of federal and state low-income housing tax credit programs; and WHEREAS, LCA grantees' ability to make grant funds availabEe as loans to project owners is subject to certain terms and conditions stated 'rn the LCA grant agreements; and WHEREAS, on January 13, 20 l 0 the Council awarded the City a$202, i 00.00 LCDA grant (Grant �Io. SG009-079) for the second phase of the City's Project; and WHEREAS, Grant No. SG009-0'79 was amcnded on Decembcr 9, 20l 1 and August 3, 2012; and WHEREAS, Section 2.03 of Grant No. SG009-079 authorized the City to make the LCUA grant funds available as a loan to the Project if the City's LCA grant application indicated the City intended to use the grant funds as a loan or if the City requested in writing perrnission to ase the grant funds as a loan to the Project, and it stated other terms and conditions that applied if the City structured the grant assistance to the Project as a loan; and WHEREAS, Grant Nos. SG007-121, SG007-143 and SG009-079 (as amended) expired and have been closed out; and WHEREAS, on September 12, 2012 the City informed the Council that the grant funds from Grant Nos. SG007-121, SG007-]43 and SG009-079 were "loaned" to the Project owner so the owner could qualify for low-income tax credits. Page 1 of'3 Pages