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HomeMy WebLinkAbout6.f. Livable Communities Act's Local Housing Incentives ProgramCITY OF ROSEMOUNT EXECUTIVE SUMMARY FOR ACTION CITY COUNCIL MEETING DATE: Nov. 7, 2000 AGENDA ITEM: Livable Communities Act's Local Housing Incentives Program AGENDA SECTION: Consent PREPARED BY: Jim Parsons AGENDA NO. Community Development Director ^ 6 k ATTACHMENTS: Resolution Electing to Continue Participating APPROVED BY: in the Local Housing Incentives Program I L—===� Background The City of Rosemount has in the past elected to participate in the Metropolitan Council's Local Housing Incentives Program, which was authorized by the Minnesota Livable Communities Act. Under this program, the City can designate City expenditures on housing assistance, inspection and rehabilitation as the City's "Affordable and Life cycle Housing Opportunities Amount ( ALHOA)." Doing so ensures access to state and regional funds for housing development, clean-up of sites, and mixed -use development. In 2001, the City of Rosemount's ALHOA is expected to be $ 23, 792.35 RECOMMENDED ACTION: Adopt proposed resolution to elect to continue to participate in the Local Housing Incentives Program. COUNCIL ACTION: 40- CITY OF ROSEMOUNT DAKOTA COUNTY, MINNESOTA RESOLUTION 2000- RESOLUTION ELECTING TO CONTINUE PARTICIPATING IN THE LOCAL HOUSING INCENTIVES ACCOUNT PROGRAM UNDER THE METROPOLITAN LIVABLE COMMUNITIES ACT CALENDAR YEAR 2001 WHEREAS, the Metropolitan Livable Communities Act (Minnesota Statutes Section 473.25 to 473.254) 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 Trade and Economic Development unless the municipality is participating in the Local Housing Incentives Account Program under the 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, each municipality must identify to the Metropolitan Council the actions the municipality plans to take to meet the established housing goals through preparation of the Housing Action Plan; and WHEREAS, the Metropolitan Council adopted, by resolution after a public hearing, negotiated affordable and life -cycle housing goals for each participating municipality; and WHEREAS, a metropolitan area municipality which elects to participate in the Local Housing Incentives Account Program must do so by November 15 of each year•, and WHEREAS, for calendar year 2001, a metropolitan area municipality that participated in the Local Housing Incentive Account Program during the calendar year 1999, can continue to participate under Minnesota Statutes section 473.254 if: (a) the municipality elects to participate in the Local Housing Incentives Program by November 15, 2000; and (b) the Metropolitan Council and the municipality have successfully negotiated affordable and life -cycle housing goals for the municipality. Resolution 2000- NOW, THEREFORE, BE IT RESOLVED THAT the City of Rosemount hereby elects to participate in the Local Housing Incentives Program under the Metropolitan Livable Communities Act during the calendar year 2001. ADOPTED this 7th day of November, 2000, by the City Council of the City of Rosemount. Cathy Busho, Mayor ATTEST: Linda Jentink, City Clerk Motion by: Voted in favor: Voted against:_ Member absent: Seconded by: