Title
Identifying the need for Livable Communities Transit-Oriented development funding, and authorizing applications for grant funds for the Ain Dah Yung Center, Goodwill University Avenue Properties, and Lexington Station Apartments.
Body
WHEREAS, the City of Saint Paul is a participant in the Metropolitan Livable Communities Act ("LCA") Local Housing Incentives Program for 2016 as determined by the Metropolitan Council, and is therefore eligible to apply for LCA Livable Communities Demonstration Account and Tax Base Revitalization Account Transit-Oriented Development (collectively, "TOD") funds; and
WHEREAS the City has identified proposed projects within the City that meet TOD purposes and criteria, and are consistent with and promote 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 adequately manage an LCA-TOD grant; 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 acknowledges Livable Communities TOD grants are intended to fund projects or project components that can serve as models, examples or prototypes for TOD development or redevelopment 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 TOD initiative 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 TOD grant funding; and
WHEREAS cities may submit grant applications for up to three TOD projects during this funding cycle, but,...
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