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DEMONSTRATION ACCOUNT <br />DEVELOPMENT GRANT <br />TRANSIT ORIENTED DEVELOPMENT (TOD) <br />GRANTEE: City of Ramsey <br />GRANT NO. SG014-088 <br />PROJECT: Sunwood Village <br />GRANT AMOUNT: $580,000.00 <br />FUNDING CYCLE: 2014 <br />COUNCIL ACTION: November 12, 2014 <br />EXPIRATION DATE: December 31, 2017 <br />METROPOLITAN LIVABLE COMMUNITIES ACT <br />GRANT AGREEMENT <br />THIS GRANT AGREEMENT ("Agreement") is made and entered into by the Metropolitan Council <br />("Council") and the Municipality, County or Development Authority identified above as "Grantee." <br />WHEREAS, Minnesota Statutes section 473.251 creates the Metropolitan Livable Communities <br />Fund, the uses of which fund must be consistent with and promote the purposes of the Metropolitan <br />Livable Communities Act ("LCA") and the policies of the Council's Metropolitan Development <br />Guide; and <br />WHEREAS, Minnesota Statutes sections 473.251 and 473.253 establish within the Metropolitan <br />Livable Communities Fund a Livable Communities Demonstration Account and require the Council <br />to use the funds in the account to make grants or loans to municipalities participating in the Local <br />Housing Incentives Program under Minnesota Statutes section 473.254 or to Counties or Development <br />Authorities to fund the initiatives specified in Minnesota Statutes section 473.25(b) in Participating <br />Municipalities; and <br />WHEREAS, the Council has established an LCA Transit Oriented Development ("TOD") program <br />to help leverage the metropolitan area's public investment in its transit infrastructure; and <br />WHEREAS, the Grantee is a Municipality participating in the Local Housing Incentives Account <br />program under Minnesota Statutes section 473.254, a County or a Development Authority; and <br />WHEREAS, the Grantee seeks funding in connection with an application for Livable Communities <br />Demonstration Account grant program funds submitted in response to the Council's notice of <br />availability of grant funds for the "Funding Cycle" identified above and will use the grant funds made <br />available under this Agreement to help fund the "Project" identified in the application; and <br />WHEREAS, the Grantee represented in its application that certain land use guidelines or official <br />controls and other required threshold criteria were in place at the time of the application or that certain <br />land use guidelines and official controls and other required threshold criteria would be in place within <br />thirty-six (36) months from the date of the "Council Action" identified above; and <br />2014 LCDA TOD Development <br />SG2014-088 <br />Page 1 of 12 <br />revised 10/01/14 <br />