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96-89 CITY OF CHANHA$$EN CARVER AND HENNEPIN COUNTIES, MINNESOTA DA TE: October 14~ 1996 RESOLUTION NO: 96-89 MOTION BY: Senn SECONDED BY: Mason RESOLUTION ELECTING TO CONTINUE PARTIClPA TING IN THE LOCAL HOUSING INCENTIVES ACCOUNT PROGRAM UNDER THE METROPOLITAN LIVABLE COMMUNITIES ACT WHEREAS, the Metropolitan Livable Communities Act (Minnesota Statutes Section 4 73.25 to 4 73.254) establishes a Metropolitan Livable Communities Fund which /s 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 and the Local Housing Incentives Account, is intended to provide certain funding and other assistance to metropolitan area municipalities; and WHEREAS, a metropofitan 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 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 establishing housing goals through preparation of the Housing Action Plan; and WHEREAS, the Metropofitan Council adopted, by resolution after a public hearing, the negotiated affordable and life-cycle housing goals for each 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 1997, a metropolitan area municipality that did not participate in the Local Housing Incentives Account Program during the calendar year 1996, can participate under Minnesota Statutes section 473.254 only if: (a) the municipality elects to participate in the Local Housing Incentives Account Program by November 15, 1996; and (b) the Metropolitan Council and the municipality have successfully negotiated affordable and life-cycle housing goals for the municipality; NOW, THEREFORE, BE IT RESOLVED THAT the City of Chanhassen hereby elects to participate in the Local Housing Incentives Program under the Metropolitan Livable Communities Act during calendar year 1997. Passed and adopted by the Chanhassen City Council this 14th day of October, 1996. ATTEST: Asl'Fworth, City Clerk/Manager j~onald j. -~i~, Mayor YES NO ABSENT Chmiel Berquist Mason Senn None Dockendorf