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<br />\.o~ <br />~-( <br />0"" <br />~~ <br />o~\; <br />~o <br /> <br />po <br /> <br />RESOLUTION NO. <br /> <br />RESOLUTION ELECTING TO CONTINl~ PARTICIPATING IN <br />THE LOCAL HOUSING INCENTIVES ACCOVNT PR~GIU..M <br />UNDER THE METROPOLITAN LIVA.BLE COMl\Il"NITIES ACT <br /> <br />CALENDAR YEAR 1999 <br /> <br />WHEREAS, the Metropolitan Livable Communities Act (Minnesota Statues Section 473.25 to 473.254) <br />establishes a Metropolitan Livable Communities Fund which is intended to address housing and other <br />development issues facing the metropolitan area defined by Minnesota Statutes section 473.121; and <br /> <br />WHEREAS, the Metropolitan Livable Communities Fund, comprising the Tax Base Revitalization <br />Account, the Livable Communities Demonstration Account and the Local Housing Incentive Account, is <br />intended to provide certain funding and other assistance to metropolitan area municipalities; and <br /> <br />WHEREAS, a metropolitan area municipality is not eligible to receive grants or loans under the <br />Metropolitan Livable Communities Fund or eligible to receive certain polluted sites cleanup funding trom <br />the Minnesota Department of Trade and Economic Development unless the municipality is participating <br />in the Local Housing Incentives Account Program under the Minnesota Statutes section 473.254; and <br /> <br />WHEREAS, the Metropolitan Livable Communities Act requires the Metropolitan Council to negotiate <br />with each municipality to establish affordable and life-cycle housing goals for that mll}1icipality that are <br />consistent with and promote the policies of the Metropolitan Council as provided in thb adopted <br />Metropolitan Development Guide; and <br /> <br />WHEREAS, each municipality must identify to the Metropolitan Council the actions the municipality <br />plans to take to meet the established housing goals through preparation of the Housing Action Plan; and <br /> <br />WHEREAS, the Metropolitan Council adopted, by resolution after a public hearing, negotiated <br />affordable and life-cycle housing goals for each participating municipality; and <br /> <br />WHEREAS, a metropolitan area municipality which elects to participate in the Local Housing Incentives <br />Account Program must do so by November 15 of each year; and <br /> <br />WHEREAS, for calendar year 1999, a metropolitan area municipality that participated in the Local <br />Housing Incentive Account Program during the calendar year 1998, Can continue to participate under <br />Minnesota Statutes section 473.254 if: (a) the municipality elects to participate in the Local Housing <br />Incentives Account Program by November 15, 1998; and (b) the Metropolitan Council and the <br />municipality have successfully negotiated affordable and life-cycle housing goals for the municipality: <br /> <br />NOW, THEREFORE, BE IT RESOLVED THAT the {specific municipality} hereby elects to <br />participate in the Local Housing Incentives Program under the Metropolitan Livable Communities Act <br />during the calendar year 1999. <br /> <br />By: <br />Mayor <br /> <br />By: <br />Clerk <br /> <br />\\METC]S2\DATA\USERS\SHARED\LlBRARY\COMMUNDV\Krugcr\PETERSON\LCA cont part res 98.doc~ <br />-- - T _ T-IIlI'- <br />