HomeMy WebLinkAbout80-135
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Councilmember zaun then introduced the
.following resolution and called for its adoption:
Resolution No. 80-135
RESOLUTION APPROVING REDEVELOPMENT PLAP3 FOR
REDEVELOPMENT PROJECT N0. 1 AND TAX INCREMENT
FINANCING PLAN FOR TAX INCREMENT FINANCING
DISTRICT NU. 1, MAKING NO ELECTION PURSUANT TO
SECTION 273.76 SUBDIVISION 3(b`} OF THE TAX
INCREMENT FINANCING ACT AND AUTHORIZING EXECUTION
OF COOPERATION AGREEMENT
BE IT RESOLVED by the City Council of the City of
Lakeville, Minnesota, as follows:
Section 1. Recitals.
1.01. Proposed Redevelopment Plan and Financing Plan.
The Housing. and Redevelopment Authority in and for the City of
Lakeville (the Authority) has determined to undertake a
redevelopme.rit project in the City, designated "Redevelapment
Project No. 1".(the Project} and has proposed a tax increment
financing district designated "Tax Increment Financing District
No. 1" (the District). The Authority has submitted to this
Council for its approval a Redevelopment Plan for the Project
(the Redevelopment Plan) and a Tax Increment Financing Plan for
the District (the Financing Plan). The Redevelopment Plan and
the financing Plan are hereinafter sor,~etimes referred to as
the "Plans."
1.02. Public Hearings _on the Plans. This Council, by
resolution adopted November 3, 1980 called pub.lie hearings on the
proposed plans for Monday, November _17, 1980. Notice of the hearings
was published in a newspaper of_ gener~~l. circulation in ttie City
as required by law and said hearings w~_re he1.d on November 17,
1980, and all persons appearing thereat were pe.rmi.tted to present
their views on the Plans.
1.03. Written Opinion of_ Planning Commission. Prior to
the commencement of the hearings this Council received the
written opinion of the Planning Commission of ttie City stating that
the Plans are consistent with the City's comprehensive plans
for development as a whole and its zoning ordinance.
Section 2. Approval and Implementation of Plans.
2.01. This Council has reviewed and considered the
proposed Plans, the written opinion of the Planning Commission,
the facts and views presented at the public hearings and .other
Council meetings concerning the Plans and the facts and circum-
stances concerning the City, the Redevelopment Project and the
District and their redevelopment.
2.02. On the basis of such review and consideration,
this Council hereby determines that (a) ttie proposed redevelopment
of the Project area, which includes the District) as specified
in the Plans, would not occur solely through private investment
within the reasonably foreseeable future. The use of tax increment
financing for phase ono o.E the Project, as described in the
Redevelopment Plan, is deemed necessary to achieve the redevelop-
ment of the District; (b) the Plans conform to the comprehensive
plan for the development of the City ~ a whole; (c) the Plans
will afford maximum opportunity, consistent with the sound needs
of the City as a whole, for the redevG~lopment of the District.
by private enterprise; (d) the District is a "redevelopment
district" under Minnesota Statutes, Section 273.73 Subdivision
10(a)(1) in that the land comprising the District is predominantly
occupied by the buildings, exclusive of any outbuildings, are
structurally .substandard to a degree requiring substantial
renovation or clearance; and (e) the Project and the proposed
redevelopment described in the Plans are necessary and will
result in the accomplishment of public purposes specified in
Minnesota Statutes, Section 462.415, as are more particularly
described in the Plans.
2.03. The proposed Plans are hereby approved. The.
.City Clerk-Administrator is .authorized and directed to take
all actions on behalf of the City, if required and subject to
the approval of this Council as may be required by law, to
implement the Plans.
2.04. The City Engineer and the Public Utilities
Commission are authorized to p.repar.e feasibility studies
relative to the construction of the public utilities and othe:r
public improvements to be pr<~vided by the City in accordance
with the Plans and the Cooperation Ayr.eement described in
Section 4.
2.05. The Authority i_s authorized and directed to take
all actions necessary to implE~m~r,t ~anc1 c~_~rry outs the Project
and Plan, subject only to such appi~ov l <.~f this Council. as may
be required by law.
Section 3. No Election. This Council does not make
the election provided for in Minnesota Statutes, Section 273.76
Subdivision 3(b).
Section 4. Authorization_to _Execute Cooperation
Agreement. In order to implement the Plans it is necessa.r_y
that the City and Authority enter into a Cooperation Agreement,
a proposed form of which has been presented to this Council.
The form of Cooperation Agreement, with such variations,
insertions and additions as the City Attorney may hereafter deem
appropriate, is directed to be executE:d by the Mayor and City
Clerk-Administrator, and filed with the Dakota County Auditor.
Adapted November 17, 7.980.
L
May r
Attest : :-CL~r-c
City Clerk-Administ ~.itor. `
The motion for the adoption of the foregoing
resolution was duly seconded by Counci.lmember szndt ,
and upon wte being taken thereon, the following voted
in favor thereof : Spande, Lekson, Zaun, Sindt, Nelson
and.the following voted against the same: None
whereupon said resolution was declared duly passed
and adopted and was signed. by the Mayor whose signature
was attested by the City Clerk-Administrator.
Clrl{`CTF:[Ctl'I'ION OE•' TIINtl'1'I:~ I:EI~A'I'TNG `I'i)
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TssLi~r: City of Lakeville, Minnesota
• ,
Gove"rt ing Body: City Council
r:i rd, date, time and place of_ meet.ing;; A regular meeting
of the City Council in Council. Chambers at 773 214th Street,
Lakeville, Pinnesota, at 7:3o P.M., on Monday, November 17, 1980.
i~ier~.::,e`rs present : Spande, Lekson, Zaun, Sindt, `Nelson
t~lembE-rs absent : None
Docurrtents Attached
Minutes of said meeting (Pac3es)
RESOLUTION APPROVING REDEVELOPMENT PLAN FOR
REDEVELOPMENT PROJECT NO. 1 AND TAX INCREMENT
FINANCING PLAN FOR TAX INCREMENT FINANCING
DISTRICT N0. 1, MAKING NO ELECTION PURSUANT TO
SECTION 273.76 SUBDIVISION 3(B) OF TFIE TAX
INCREMENT FINANCING ACT AND AUTHORIZING EXECUTION
OF COOPERATION AGREEMENT
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1VITLti'ESS my h~lnd of {i.c:i~:lll.y ~z.~ such r_uc~rd:ing of lic:~:r
this 17th day of November, 1~J 80,
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City Cler};-Administrator