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<br />II ciW of <br />IlmwGl-fI(N <br /> <br />the city that works for you <br /> <br /> <br />Re ort Number: <br />A enda Section: <br />Re ort Date <br />Council Meetin <br /> <br />. REQUEST FOR COUNCIL CONSIDERATION <br /> <br />. <br /> <br />. <br /> <br />ITEM DESCRIPTION: Consideration of Resolution Authorizing Application to Metropolitan <br />Council for Livable Communities Demonstration Account Funding <br /> <br />DEP ARTMENT HEAD'S APPROVAL: Grant Femelius, Director of Community Development <br />~ <br /> <br />CITY MANAGER'S APPROVAL: <br /> <br />No comments to su lement this re <br /> <br /> <br />Comments attached <br /> <br />Recommendation: <br />Waive the reading and approve the attached resolution authorizing application to Metropolitan <br />Council for Livable Communities Demonstration Account funding. <br /> <br />Legislative History: <br />None. <br /> <br />Financial Impact: <br />Outside funding from this and other programs will offset City expenses in TIF Districts 31 and <br />32. <br /> <br />Explanation: <br />The Metropolitan Council annually awards funds from its Livable Communities Demonstration <br />Account (LCDA) program. The program is designed to encourage compact, efficient <br />development connecting housing and employment, using existing infrastructure, to attract new <br />development. These objectives are entirely consistent with the City's goals for the Northwest <br />Quadrant. <br /> <br />The Metropolitan Council has provided millions of dollars of project funding since 1996. <br />Notable LCDA-assisted projects include Village Creek in Brooklyn Park, Heart of the City in <br />Bumsville, housing redevelopment in Columbia Heights, Midtown Exchange in Minneapolis, <br />Ramsey Town Center, Park Commons in St. Louis Park, and Phalen Village in St. Paul. There is <br />expected to be a total of $8 million available for this round of grants. <br /> <br />Applications are due on July 17th. The Met Council expects to award the grants in December. <br />Funds cannot be expended prior to the award date, therefore only projects to be started in 2008 or <br />later are eligible. Staff is preparing an application to fund a portion of the trails and other public <br />improvements on the west side of Old Highway 8, which are scheduled for next year. <br /> <br />~~~ <br /> <br />David W. Black <br />Assistant Community Development Director <br /> <br />1:ICOUNCILIREPORTS\2007\Community DevelopmentlMet Council LCDA Application.doc <br />