20-47 - 08-04 - Identify Need for Livable Communities Account FundingDocuSign Envelope ID: 4A8E28B4-5994-4EAD-BBB1-DBC5C11B188C
RESOLUTION NO. 20-47
RESOLUTION IDENTIFYING THE NEED FOR LIVABLE COMMUNITIES
DEMONSTRATION ACCOUNT FUNDING AND AUTHORIZING APPLICATION
FOR GRANT FUNDS
WHEREAS the City of Golden Valley is a participant in the Livable Communities
Act’s Local Housing Incentives Account Program for 2020 as determined by the
Metropolitan Council, and is therefore eligible to apply for Livable Communities
Demonstration Account funds; and
WHEREAS the City has identified a proposed project within the City that meets
the Demonstration Account’s purposes and criteria and is consistent with and promotes
the purposes of the Metropolitan Livable Communities Act and the policies of t he
Metropolitan Council’s adopted metropolitan development guide; and
WHEREAS the City has the institutional, managerial and financial capability to
ensure adequate project administration; and
WHEREAS the City certifies that it will comply with all applicable laws and
regulations as stated in the grant agreement; and
WHEREAS the City agrees to act as legal sponsor for the project contained in
the grant application submitted on July 31, 2020; and
WHEREAS the City acknowledges Livable Communities Demonstration Account
grants are intended to fund projects or project components that can serve as models,
examples or prototypes for development or redevelopment projects elsewhere in the
region, and therefore represents that the proposed project or key components of the
proposed project can be replicated in other metropolitan-area communities; and
WHEREAS only a limited amount of grant funding is available through the
Metropolitan Council’s Livable Communities Demonstration Account during each
funding cycle and the Metropolitan Council has determined it is appropriate to allocate
those scarce grant funds only to eligible projects that would not occur without the
availability of Demonstration Account grant funding.
NOW, THEREFORE, BE IT RESOLVED that, after appropriate examination and
due consideration, the City Council:
Finds that it is in the best interests of the City’s development goals and priorities
for the proposed project to occur at this particular site and at this particular time.
Finds that the project components for which Livable Communities Demonstration
Account funding is sought:
DocuSign Envelope ID: 4A8E28B4-5994-4EAD-BBB1-DBC5C11B188C
Resolution No. 20-47 -2- August 4, 2020
Will not occur solely through private or other public investment within the
reasonably foreseeable future; and
Will occur within three years after a grant award only if Livable
Communities Demonstration Account funding is made available for this
project at this time.
Understands that mixed use and demonstration projects can be difficult to
finance and therefore supports seeking funding from multiple and non-conventional
sources to complete such projects in a timely and efficient manner.
Authorizes its Physical Development Department to submit on behalf of the City
an application for Metropolitan Council Livable Communities Demonstration Account
grant funds totaling $1,000,000 for the project components identified in the application
for Golden Gardens, and to execute such agreements as may be necessary to
implement the project on behalf of the City.
Adopted by the City Council of Golden Valley, Minnesota this 4th day of August, 2020.
Shepard M. Harris, Mayor
ATTEST:
Kristine A. Luedke, City Clerk