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RESOLUTION: 2003-52
SUBJECT: Authorization of an intergovernmental agreement between Lakewood, Denver, Arvada & Littleton for the establishment of an association to select suitable projects for transit-oriented development (TOD). This association will be facilitated through the office of the Metro Mayors' Caucus.
RECOMMENDATION: It is recommended that City Council authorize the Mayor to enter into the IGA.
SUMMARY AND BACKGROUND OF SUBJECT MATTER: In February of 2003, Council authorized the contribution of $3,404,725 of Lakewood's Private Activity Bond Cap for the purpose of providing a Metro-wide pool for the financing of affordable multi-family TOD's. This IGA provides a mechanism for selecting projects that will fit the criteria established by the Metro Mayors' Caucus.
RESOLUTION ADOPTION DATE: July 14, 2003
ORIGINATED BY: Bill Lunsford, Housing Development Manager
STAFF PERSON RESPONSIBLE: Bill Lunsford, Housing Development Manager, 303-987-7581
DOCUMENTS ATTACHED: Resolution 2003-52
Intergovernmental Agreement
SUBMITTED BY:
Bill Lunsford, Housing Development Manager
Tami Fischer, Director Department of Housing and Family Services
REVIEWED BY:
Joni D. Inman, Director Mayor and City Manager's Office
Michael J. Rock, City Manager
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