TITLE
Authorizing this Department of Planning and Economic Development to apply to the Metropolitan Council’s Livable Communities Demonstration Account Development Grant for 1428 East Seventh Street (The Parkway) and 262 University Avenue (Springboard for the Arts).
BODY
WHEREAS, the City of Saint Paul is a participant in the Livable Communities Act’s Local Housing Incentives Account Program for 2019 as determined by the Metropolitan Council, and is therefore eligible to apply for Livable Communities Demonstration Account funds; and
WHEREAS, the City has identified proposed projects within the City that meets the Demonstration Account’s purposes and criteria and is consistent with and promotes the purposes of the Metropolitan Livable Communities Act and the policies of the Metropolitan Council’s adopted metropolitan development guide; and
WHEREAS, the City has the institutional, managerial and financial capability to ensure adequate project administration; and
WHEREAS, the City certifies that it will comply with all applicable laws and regulations as stated in the grant agreement; and
WHEREAS, the City agrees to act as legal sponsor for the projects contained in the grant applications submitted on August 8, 2019; and
WHEREAS, the City acknowledges Livable Communities Demonstration Account grants are intended to fund projects or project components that can serve as models, examples or prototypes for development or redevelopment projects elsewhere in the region, and therefore represents that the proposed projects or key components of the proposed projects can be replicated in other metropolitan-area communities; and
WHEREAS, only a limited amount of grant funding is available through the Metropolitan Council’s Livable Communities Demonstration Account during each funding cycle and the Metropolitan Council has determined it is appropriate to allocate those scarce grant funds only to eligible projects that would not occur without the availability of Demonstration Account grant funding.
NOW, THEREFORE BE IT RESOLVED that, after appropriate examination and due consideration, the City Council:
Finds that it is in the best interests of the City’s development goals and priorities for the proposed project or projects to occur at these particular sites and at this particular time.
Finds that the project components for which Livable Communities Demonstration Account funding is sought:
will not occur solely through private or other public investment within the reasonably foreseeable future; and will occur within three years after a grant award only if Livable Communities Demonstration Account funding is made available for this project at this time.
Represents that the City has undertaken reasonable and good faith efforts to procure funding for the project components for which Livable Communities Demonstration Account funding is sought but was not able to find or secure from other sources funding that is necessary for project component completion within three years and states that this representation is based on the following reasons and supporting facts:
List project or projects applied for here:
Project Amount Requested
1428 East Seventh Street (The Parkway) $1,500,000
262 University Avenue (Springboard for the Arts) $500,000
Authorizes the Director of Planning and Economic Development to submit on behalf of the City an application or applications for Metropolitan Council Livable Communities Demonstration Account grant funds for the project component(s) identified in the application, and to execute such agreements as may be necessary to implement the project on behalf of the City.