HomeMy WebLinkAbout10-065RESOLUTION NO. 10 -65
RESOLUTION ELECTING TO CONTINUE PARTICPATING IN
THE LOCAL HOUSING INCENTIVES ACCOUNT PROGRAM
UNDER THE METROPOLITAN LIVABLE COMMUNITIES ACT
CALENDAR YEARS 2011 THROUGH 2020
WHEREAS, the Metropolitan Livable Communities Act (Minnesota Statutes sections
473.25 to 473.255) establishes a Metropolitan Livable Communities Fund which is
intended to address housing and other development issues facing the metropolitan area
defined by Minnesota Statutes section 473.121; and
WHEREAS, the Metropolitan Livable Communities Fund, comprising the Tax Base
Revitalization Account, the Livable Communities Demonstration Account, the Local
Housing Incentive Account and the Inclusionary Housing Account, is intended to provide
certain funding and other assistance to metropolitan -area municipalities; and
WHEREAS, a metropolitan-area municipality is not eligible to receive grants or loans
under the Metropolitan Livable Communities Fund or eligible to receive certain polluted
sites cleanup funding from the Minnesota Department of Employment and Economic
Development unless the municipality is participating in the Local Housing Incentives
Account Program under Minnesota Statutes section 473.254; and
WHEREAS, the Metropolitan Livable Communities Act requires the Metropolitan
Council to negotiate with each municipality to establish affordable and life -cycle housing
goals for that municipality that are consistent with and promote the policies of the
Metropolitan Council as provided in the adopted Metropolitan Development Guide; and
WHEREAS, previously negotiated affordable and life -cycle housing goals for
municipalities participating in the Local Housing Incentives Account Program expire in
2010; and
WHEREAS, a metropolitan-area municipality can participate in the Local Housing
Incentives Account Program under Minnesota Statutes section 473.254 if. (a) the
municipality elects to participate in the Local Housing Incentives Program; (b) the
Metropolitan Council and the municipality successfully negotiate new affordable and
life -cycle housing goals for the municipality; (c) the Metropolitan Council adopts by
resolution the new negotiated affordable and life -cycle housing goals for the
municipality; and (d) the municipality establishes it has spent or will spend or distribute
to the Local Housing Incentives Account the required Affordable and Life -Cycle
Housing Opportunities Amount (ALHOA) for each year the municipality participates in
the Local Housing Incentives Account Program.
NOW, THEREFORE, BE IT RESOLVED THAT the City of Lakeville:
1. Elects to participate in the Local Housing Incentives Program under the
Metropolitan Livable Communities Act for calendar years 2011 through 2020.
2. Agrees to the following affordable and life -cycle housing goals for calendar
years 2011 through 2020:
Affordable Housing Goals Range
Life -Cycle Housing Goals Range
1582 — 2260 Units
2260 — 8200 Units
3. Will prepare and submit to the Metropolitan Council a plan identifying the
actions it plans to take to meet its established housing goals.
Approved this 7 th day of September, 2010.
CITY OF LAKEVILLE
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Charlene Friedges, City; glerk