Consider Application to the Metropolitan Council Livable Community Demonstration Account

At the April 24th City Council Work Session, the City Council approved an Initial Development Agreement with Podawiltz Development that outlined the terms of a local contribution for an MHFA Funding Request. As noted in that review, it was the intent of the City to seek grant funded opportunities as a portion of this local contribution. Staff is recommending the application in the amount of $100,000 to the Livable Communities Demonstration Account, which represents an estimated cost of the extension of 147th Lane NW. This program is part of the Livable Communities Program of the Metropolitan Council.  As part of the application, the Applicant must quantify the request that meet certain eligible activities under the program.

Upon official submittal, the City Council will also need to approve a resolution of support for the final application.

Staff recommends submittal of the LCDA Grant Application for the Podawiltz/Town Center Gardens 3rd Addition.

Coordination of the grant submittal is being handled as part of regular staff duties.

Motion to direct staff to submit an application for an LCDA Grant for the Podawiltz/Town Center Gardens project.