1.5 Metro Council Grant
CITY OF
CHANHASSEN
7700 Market Boulevard
PO Box 147
Chanhassen, MN 55317
Administration
Phone: 952.227.1100
Fax: 952.227.1110
Building Inspections
Phone: 952.227.1180
Fax: 952.227.1190
Engineering
Phone: 952.227.1160
Fax: 952.227.1170
Finance
Phone: 952.227.1140
Fax: 952.227.1110
Park & Recreation
Phone: 952.227.1120
Fax: 952.227.1110
Recreation Center
2310 Coulter Boulevard
Phone: 952.227.1400
Fax: 952.227.1404
Planning &
Natural Resources
Phone: 952.227.1130
Fax: 952.227.1110
Public Works
1591 Park Road
Phone: 952.227.1300
Fax: 952.227.1310
Senior Center
Phone: 952.227.1125
Fax: 952.227.1110
Web Site
WNW.ci. chanhassen. mn. us
:1,5
MEMORANDUM
TO:
Todd Gerhardt, City Manager
FROM:
Justin Miller, Assistant City Manager
Kate Aanenson, Community Development Director
O~.
DATE:
February 27, 2006
RE:
Presentation of Local Housing Incentive Grant from Julius Smith,
Metropolitan Council
BACKGROUND
Julius Smith, Chanhassen's representative on the Metropolitan Council, will be
present at Monday's meeting to present the City with a $300,000 grant award for
the proposed Gateway Place affordable housing apartment project. The Sand
Companies, the developer of this project, applied for these tax credits through the
Minnesota Housing Finance Agency. The money is awarded to the city, but we
are simply a pass-through as the money will be granted to the developer at the
time of project completion.
RECOMMENDA TION
Staff recommends that the City Council approve the acceptance of the Local
Housing Incentive Grant in the amount of $300,000 from the Metropolitan
Council for the Gateway Place apartment project.
The City of Chanhassen · A growing community with clean lakes, quality schools, a charming downtown, thriving businesses, winding trails, and beautiful parks. A great place to live, work, and play.
G:\AdminVM\Sand CompanyVuluis Smith presentation. doc