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�--- <br /> � O� <br /> • O O <br /> ��b. - CITY of ORONO <br /> � � <br /> ti <br /> �� G'�' RESOLUTION OF THE CITY COUNCIL. <br /> ��sH�4� NO. � � 1 6 <br /> RESOLUTION ELECTING TO CONTINUE PARTICIPATING IN <br /> THE LOCAL HOUSING INCENTIVES ACCOUNT PROGRAM � <br /> UNDER THE METROPOLITAN LIVABLE COMMUNITIES ACT <br /> CALENDAR YEAR 2002 � <br /> WHEREAS,the Metropolitan Livable Communities Act(Minnesota Statutes Section 473.25 . <br /> to 473.254) establishes a Metropolitan Livable Communities Fund which is intended to address <br /> housing and other development issues facing the metropolitan area defined by Minnesota Statutes <br /> Section 473.121; and . ; <br /> WHEREAS, the Metropolitan Livable Communities Fund, comprising the Tax Base <br /> Revitalization Account, the Livable Communities Demonstration Account, the Local Housing <br /> Incentive Account and Inclusionary Housirig Account is intended to provide certain funding and <br /> • other assistance to metropolitan area municipalities; and � <br /> WHEREAS,a metropolitan area municipality is not eligible to receive grants or loans under <br /> the Metropolitan Livable Communities Fund or eligible to receive certain polluted sites cleanup <br /> funding from the Minnesota Department of Trade and Economic Development unless the <br /> municipality is participating in the Local Housing Incentives Account Program under the Minnesota <br /> Statutes Section 473.254; and <br /> WHEREAS,the Metropolitan Livable Communities Act requires the Metropolitan Council <br /> to negotiate with each municipality to establish affordable and life-cycle housing goals for that <br /> municipality that are consistent with and promote the policies of the Metropolitan Council as <br /> provided in the adopted Metropolitan Development Guide; and <br /> WHEREAS, each municipality must identify to the Metropolitan Council the actions the <br /> municipality plans to take to meet the established housing goals through preparation of the Housing <br /> Action Plan; and <br /> WHEREAS, the Metropolitan Council adopted, by resolution'after a public hearing, <br /> negotiated affordable and life-cycle housing goals for each participating municipality; and <br /> WHEREAS, a,metropolitan area municipality which elects to participate in the Local <br /> � Housing Incentives Account Program must do so by November 15 of each year; and <br /> • Page 1 of 2 <br />