Agenda - Council - 11/10/1998 - Laserfiche WebLink

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i i I I ! I I I I I I I I I I ! I I CASE # METROPOLITAN LIVABLE COMMUNITIES By: Cindy Sherman, Community Development Director Background: As Council is aware, legislation was passed in 1995 requiring the Metropolitan Council to initiate an effort called the Metropolitan Livable Communities. Since, October 24, 1995, the City of Ramsey has been a participant in this program. The goals of the program are to provide for the equal distribution of affordable and life-cycle housing throughout the Twin Cities. Each year at this time, the City is asked to pass a resolution agreeing to participate in the program for another year. The resolution which provides for 1999 participation is enclosed for your consideration. In 1997, 1998 and 1999, the City must agree to provide funding which assists in the development of affordable housing during the year of participation. In 1997, the funding level was $9,732; 1998 was $22,400; and 1999 is $24,300~ This amount is determined by formula and will continue to increase as our home values increase. In return, the City is eligible for various funding programs of the Metro Council and the State of Minnesota. A program example is the funding we received from the Metro Council toward the Comprehensive Plan ($11,830). Another is the $20,000 in MNRRA funding we received toward the same project. Neither grant would have been available to us without participation in this program. For I998 and 1999, the City allocated funding toward the development of the Senior Housing development. The funding came from pooled TIF funds and CDBG funds. It is not expected that, in the near term, the assistance allocation requirement will be an issue. We will continue to support projects where we can utilize available resources to meet our funding requirements. The resolution includes language that informs the Metro Council of these programmed expenditures. Participation allows us to compete for grant funding that otherwise would not be available to us. Staff recommends that Council support participation in the Livable Communities Program for 1999. Council Action: Motion to adopt Resolution #98-11-XXX agreeing to participate in the Metropolitan Livable Communities Program for 1999. Reviewed by: City Administrator Zoning Administrator CC: 11/10/98