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10-356Council File # 10-356 Green Sheet # 3103956 I ? 3 4 � 6 7 8 9 10 Il 12 13 14 15 16 17 18 19 20 21 22 23 24 2� 26 27 28 29 30 31 32 33 �a 35 36 37 38 39 40 41 42 RESOLUTION CITY.OF SAI�AIT PAUL, MINNESOTA Presented by Sj RESOLIITION ACCEPTTNG LOCAL HOUSING INCENTIVE ACCOUNT GRANTS FROM THE METROPOLITAIV COUNCIL FOR THE MCASA/iVIODEL CITIES AND EAST SIDE COMMONS SITES WHEREAS, the City of Saint Paul parkicipates in the Local Houszng Incen'ves Account (LHIA) program of the Metropolitan Council to expand and preserve lifecycle and affordable rental and ownership housing in the region; and WHEREAS, the MCASA/Model Cities of Saint Paul, Iuc. applied to the Metropolitan Council for a LHIA gxant to acquire at least 7 pazcels in the Thomas-Dale and Summit-University neighboxhoods to remodel and sell to eligible home-buyers on a lease-to-purchase; and WAEREAS, the Twin Cities Housing Development Corporation (TCHDC) applied to the Mehopolitan Council for a LHIA grant for the East Side Commons sites, which include Bradley Terrace, the G.A. Johnson Townhomes, the York Village Townhomes, and 592 Simms Avenue; and WHEREAS, the Metropolitan Council awarded MCASA/Model Cities a LHIA grant of $ I 50,000, for which the City must be the grantee; and WHEREAS, the Metropolitan Council awarded the TCHDC a LHIA grant of $575,000. for which the City inust be the grantee; and WHEREAS, the Mayor, pursuant to Section 10.07.1 of the Charter of the City of Saint Paul, does hereby certify that $725,000 in funds aze available far appropriation in excess of those estimated in the 2010 budget and recommends the £ollowing changes to the 2010 budget: FINANCING PLAN Current Bud�et Changes Amended Bud�et Met Council LHIA Grant, MCASAIModel Cities sites 1 0 1-3 63 03-3 8 02-61 774 $ 0 $ 150,000 $ ]50,000 Met Council LHIA Grant, East Side Commons site 101-36303-�802-61769 $ 0 $ 575,000 $ 575.000 Total: $ 0 $ 725,000 $ 725,000 SPENDING PLAN Purchase and rehabilitate various MCASA/Model Cities sites 101-36303-0547-61774 $ 0 $ 150,000 $ 150,000 Refinance and rehabilitate various East Side Commons sites 101-36303-OSA7-61769 $ 0 $ 575,000 $ 575.000 Total: $ 0 $ 725,000 $ 725,000 43 44 45 46 Resolutiou # 10-356 47 NOW THEREFORE, BE IT RESOLVED, that the City Council of Saint Paul accepts these grants and 48 approves the above changes to the 2010 budget. 49 Absent Requested by Deparhnentofr Plannya,�an�on�uuc Development — T – � BY� � � � _ �� — \�'° — V Sfark Thune ✓ � � / Form Approved b tto�� /�� ��' ) (i� ✓ By: ;J'L' � �1 ,r d Form Appxoved by Ma or - r Submission to Council AdoptionCertifiedbyCo ximlSecsefary B �������Ef�� j'�J–/!� By Approve by aya Date � l''� � 1 O Appiov d by the Office of F�fl icial Services By: By: lv � Adopted by Council: Date 10-356 � Green Sheet Green Sheet Green Sheet Green Sheet Green Sheet Green Sheet. .� Department/Offiee/Council: Date initiated: PE _Planning&Economic 23MAR2010 Green Sheet NO: 3103956 Development Contad Person 8 Phone: Deoartment � Sent To Person InitiaUDate Cf2iq Blekely � � � 0 lannin &EconomicDevelo me Aclivi Mana er 266-6697 . 1 lannin &EconomicDevelo me Accountin '� �-Z�� ASSign Z 7annin &EconomicDevelo me D'uector Must Be on Council Agenda by (Date): Number 3 ' Attorne ' Attorne 07-APR-t0 For _ Routing 4 ' ancialServices ' FlnancialServices Doc. T PUBLIC HEARWG Orde� 5 'nancial Services Financial Ser. Accountin �_� �� (RESOLUTION) " 6 a or's O�ce Ma' or "^""�- E-Document Required: Y 7 ouncil Ci Council DocumeMCoptact: ChriscellBedard " � Contact Phone: 266-6658 ' Total # of Signature Pages �(Clip All Locations for Signature) Action Requested: � Adopt the resolution aecepting L,ocal Housing Incentive Accountant gants from the Met Council for the MCASA/model Cities and East Side Commons Sites. � Recommendations: Approve (A) or Reject (R): Personal Service Contracts Must Answer the Following Questions: Planning Commission i, Has this person/firm ever worked under a contrad for this depertment? CIBCommittee Yes No CiW Service Commission 2. Has this personlfirm ever been a city employee? Yes No 3. Does this person/firm possess a skill not normatly possessed by any current city employee? Yes No Explain all yes answers on separate sheet and attach to green sheet. Initiating Probkm, Issues, Opportunity (Who, What, When, Where, Why): � The City was awarded $725,000 in grant from the Met Council. Advantages �Approved: Project willy�oceed. Disadvantages �Approved: . None. DisadvanWS�eslFNOf Approved: Grants willmmtbe available. TotalAmount of $725,000.00 CostlRevenue 8ud eted: lfmmsaction: 9 - Fur�mysource: See Resolution pctivity Number: � Financia��A�mmetion: loj 3630 3 — 3& z � (Explain) � , W