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RESOLUTION NO 10-051 STATE OF MINNESOTA COUNTY OF RAmsEY CITY OF NEW BRIGHTON RESOLUTION ELECTING TO CONTINUE PARTICIPATING IN THE LOCAL HOUSING INCENTIVES ACCOUNT PROGRAM UNDER THE METROPOLITAN LIVABLE COMMUNITIES ACT CALENDAR YEARS 2011 THROUGH 2020 WHEREAS, the Metropolitan Livable Communities Act (Minnesota Statues ctions 473.23 to 473.255) establishes a Metropolitan Livable Communities Fund which intended to address housing and other development issues facing the metropolitan area fined by Minnesota Statues section 473.121; and WHEREAS, the Metropolitan Livable Communities Fund, comprising the Tax Revitalization Account, the Livable Communities Demonstration Account, the Housing Incentive Account and the Inclusionary Housing Account, is intended to le certain funding and other assistance to metropolitan -area municipalities; and WHEREAS, a metropolitan -area municipality is not eligible to receive grants or under the Metropolitan Livable Communities Fund or eligible to receive certain ed sites cleanup funding from the Minnesota Department of Employment and �mic Development unless the municipality is participating in the Local Housing ives Account Program under Minnesota Statutes section 473.254; and WHEREAS, the Metropolitan Livable Communities Act requires the tropolitan Council to negotiate with each municipality to establish affordable and life - le housing goals for the municipality that are consistent with and promote the policies the Metropolitan Council as provided in the adopted Metropolitan Development ide; and WHEREAS, previously negotiated affordable and life -cycle housing goals for micipalities participating in the Local Housing Incentives Account Programs expire in 10; and WHEREAS, a metropolitan -area municipality can participate in the Local )using Incentives Account Program under Minnesota Statutes section 473.254 if (a) municipality elects to participate in the Local Housing Incentives Program; (b) the etropolitan Council and the municipality successfully negotiate new affordable and e -cycle housing goals for the municipality; (c) the Metropolitan Council adopts by volution the new negotiated affordable and life -cycle housing goals for the micipality; and (d) the municipality establishes it has spend or will spend or distribute the Local Housing Incentives Account the required Affordable and Fife -Cycle Housing