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tl i ~I RESOLUTION NO. 07-063 9 CITY OF NEW BRIGHTON, MINNESOTA r~ i RESOLUTION IDENTIFYING THE NEED FOR WVABLE COMMUNITIES DEMONSTRATION ACCOUNT FUNDING AND AUTHORIZING AN APPLICATION FOR GRANT FUNDS i W EREAS the City of New Brighton is a participant in the Livable Communities Act's H sing Incentives Program for 2007 as determined by the Metropolitan Council, and is tholefore eligible to apply for Livable Communities Demonstration Account funds; and I W EREAS the City has identified a proposed project within the City that meets the Dc 1 onstration Account's purposes and criteria and is consistent with and promotes the purposes of the Metropolitan Livable Communities Act and the policies of the M ropolitan Council's adopted metropolitan development guide; and W EREAS the City has the institutional, managerial and financial capability to ensure ad uate project administration; and W EREAS the City certifies that it will comply with all applicable laws and regulations as ated in the grant agreement; and W Fication REAS the City agrees to act as legal sponsor for the project contained in the grant ap submitted on July 18, 2007; and W EREAS the City acknowledges Livable Communities Demonstration Account grants art! intended to fund projects or project components that can serve as models, examples or pr otypes for development or redevelopment projects elsewhere in the region, and th efore represents that the proposed project or key components of the proposed project ca be replicated in other metropolitan-area communities; and W EREAS only a limited amount of grant funding is available through the Metropolitan C nil's Livable Communities Demonstration Account during each funding cycle and the M opolitan Council has determined it is appropriate to allocate those scarce grant funds on to eligible projects that would not occur without the availability of Demonstration A ount grant funding. N( W THEREFORE BE IT RESOLVED that, after appropriate examination and due co ideration, the governing body of the City: 1. Finds that it is in the best interests of the City's development goals and priorities for the proposed project to occur at this particular site and at this particular time. s, i~ fi a d 9i ii i.