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HomeMy WebLinkAbout20-036CITY OF LAKEVILLE RESOLUTION NO. 20-36 RESOLUTION TO APPROVE A REDEVELOPMENT INCENTIVE GRANT APPLICATION TO THE DAKOTA COUNTY COMMUNITY DEVELOPMENT AGENCY FOR THE KINGSLEY PLACE SENIOR LIVING DEVELOPMENT PROJECT WHEREAS, the City of Lakeville has identified a proposed project within the City that meets the Dakota County Community Development Agency (CDA) Redevelopment Incentive Grant program's purposes and criteria; and WHEREAS, the City has established a Redevelopment Plan of which the proposed project is a component; and WHEREAS, the City has the capability and capacity to ensure the proposed project be completed and administered within the Redevelopment Incentive Grant program guidelines; and WHEREAS, the City has the legal authority to apply for financial assistance; and WHEREAS, the City is supportive of affordable housing and of the CDA's mission, to improve the lives of Dakota County residents through affordable housing and community development. NOW THEREFORE BE IT RESOLVED that the City of Lakeville approves the application for funding from the Dakota County CDA Redevelopment Incentive Grant program. BE IT FURTHER RESOLVED that upon approval of its application by the Dakota County CDA, David Olson, Community & Economic Development Director, is hereby authorized to execute such agreements as are necessary to receive and use the funding for the proposed project. ADOPTED by the Lakeville City Council this 6th day of April 2020 Douglas P. Anderson, Mayor