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<br />. <br /> <br />. <br /> <br />. <br /> <br />RESOLUTION NO. 07-063 <br />CITY OF NEW BRIGHTON, MINNESOTA <br /> <br />RESOLUTION IDENTIFYING THE NEED FOR <br />LIVABLE COMMUNITIES DEMONSTRATION ACCOUNT FUNDING AND <br />AUTHORIZING AN APPLICATION FOR GRANT FUNDS <br /> <br />WHEREAS the City of New Brighton is a participant in the Livable Communities Act's <br />Housing Incentives Program for 2007 as determined by the Metropolitan Council, and is <br />therefore eligible to apply for Livable Communities Demonstration Account funds; and <br /> <br />WHEREAS the City has identified a proposed project within the City that meets the <br />Demonstration Account's purposes and criteria and is consistent with and promotes the <br />purposes of the Metropolitan Livable Communities Act and the policies of the <br />Metropolitan Council's adopted metropolitan development guide; and <br /> <br />WHEREAS the City has the institutional, managerial and financial capability to ensure <br />adequate project administration; and <br /> <br />WHEREAS the City certifies that it will comply with all applicable laws and regulations <br />as stated in the grant agreement; and <br /> <br />WHEREAS the City agrees to act as legal sponsor for the project contained in the grant <br />application submitted on July 18, 2007; and <br /> <br />WHEREAS the City acknowledges Livable Communities Demonstration Account grants <br />are intended to fund projects or project components that can serve as models, examples or <br />prototypes for development or redevelopment projects elsewhere in the region, and <br />therefore represents that the proposed project or key components of the proposed project <br />can be replicated in other metropolitan-area communities; and <br /> <br />WHEREAS only a limited amount of grant funding is available through the Metropolitan <br />Council's Livable Communities Demonstration Account during each funding cycle and the <br />Metropolitan Council has determined it is appropriate to allocate those scarce grant funds <br />only to eligible projects that would not occur without the ava'ilability of Demonstration <br />Account grant funding. <br /> <br />NOW THEREFORE BE IT RESOLVED that, after appropriate examination and due <br />consideration, the governing body of the City: <br /> <br />1. Finds that it is in the best interests of the City's development goals and priorities for <br />the proposed project to occur at this particular site and at this particular time. <br />