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Department Approval <br />�� ;. <br />Item Description <br />REQUESTED ACTION <br />l�'�, <br />Jy <br />REQUEST FOR COUNCIL ACTION <br />Date: Nov. 16, 2009 <br />Item No.: 12.d <br />City Manager Approval <br />Housing Improvement Area (HIA) Policy (HF0087) <br />� / <br />The Roseville HRA created and requests that the Roseville City Council to adopt the following <br />Housing Improvement Area (HIA) policy. <br />BACKGROUND <br />Westwood Village I requested the creation of a HIA over three years ago. During that time the <br />HRA staff worked to create the HIA. On June 8, 2009 City Council passed an ordinance and fee <br />resolution for the Westwood Village I Townhome Association, and thereby created the first HIA <br />in Roseville. As part of the overall process, the City Council requested that the HRA develop a <br />formal HIA policy. <br />The City of Roseville has the authority to establish HIAs under Minnesota Statutes, Sections <br />429A.11 to 428.21. This authority expires on June 30, 2013, unless extended by future <br />legislation. <br />POLICY OBJECTIVE <br />Under the proposed policy, all HIAs financed through the City of Roseville should meet the <br />following minimum approval criteria. <br />✓ The project must be in accordance with the Comprehensive Plan and Zoning <br />Ordinances. <br />✓ HIA financing shall be provided within applicable state law, municipal debt limit <br />guidelines, and other appropriate financial requirements and policies. <br />✓ The project should meet one or more of the following goals related to <br />neighborhood stabilization, correct housing code violations, maintain or qualify <br />for FHA financing, increase or prevent loss of tax base, stabilize or increase <br />owner occupied units with in the association, or to meet other uses of public <br />policy. <br />Page 1 of 3 <br />