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HomeMy WebLinkAbout09-06-16CITY OF LAKEVILLE HOUSING AND REDEVELOPMENT AUTHORITY SEPTEMBER 6, 2016 Chair Anderson called the meeting to order at 6:45 p.m. in the Council Chambers at City Hall. Present: Commissioners Davis, Little, Swecker, Anderson, LaBeau Also present: Justin Miller, Executive Director; David Olson, Community & Economic Development Director; Charlene Friedges, City Clerk Item 02 Mr. Olson presented a resolution designating buildings located at 20116, 20078 and 20088 Kenwood Trail as structurally substandard. He explained that if the City wishes to preserve the right to facilitate redevelopment of this area in the future through the use of tax increment financing (TIF), the City must be able to document that the property contained substandard buildings. A tax increment financing analysis has determined that the four buildings slated for demolition meet the definition of substandard as defined by Minnesota Statute. Mr. Olson clarified that adoption of this resolution does not commit the City to create a redevelopment TIF district but preserves the option for a period of three years after the buildings are demolished. Motion was made by Little, seconded by Swecker to approve Resolution No. 16-05 designating buildings as structurally substandard. Roll call was taken on the motion. Ayes - Davis, Little, Swecker, Anderson, LaBeau There being no further business, Chair Anderson adjourned the meeting at 6:51 p.m. Respectfully submitted, Charlene Friedg6s, City Douglas P. nderson, Chair