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F, a <br /> - � O� <br /> • O O <br /> �b. - CITY of ORONO � <br /> � � <br /> ti <br /> ��� �G'�' RESOLUTION OF THE CITY COUNCIL <br /> � - . � . �kESH04 . NO. � � � � <br /> RESOLUTION ELECTING TO CONTINUE PARTICIPATING IN <br /> THE LOCAL HOUSING INCENTIVES ACCOUNT PROGRAM <br /> UNDER THE METROPOLITAN LIVABLE COMMiJNITIES ACT <br /> CALENDAR YEAR 1998 <br /> WI�REAS,the Metropolitan Livable Communities Act(Minnesota Sta.tutes 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 and the Local Housing <br /> Incentive Account,is intended to provide certain funding and other assistance to metropolitan azea <br /> municipalities; and <br /> WI�REAS,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 required the Metropolitan Council <br /> to negotiate with each municipality to establish affordable and life-cycle housing goals for the <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 azea municipality which elects to participate in the Local <br /> Housing Incentives Account Program must do so by November 15 of each year; and <br />