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HomeMy WebLinkAbout80-09RESOLUTION NO. 80 -9 RESOLUTION PROPOSING TO UNDERTAKE" REDEVELOPMENT PROJECT NO. 1 AND AUTHORIZING SUBMITTAL TO THE CITY COUNCIL FOR ITS APPROVAL A REDEVELOPMENT PLAN THEREFORE AND A TAX INCREMENT FINANCING PLAN FOR TAX INCREMENT FINANCING DISTRICT NO. 1 BE IT RESOLVED by the Housing and Redevelopment Authority in and for the City of Lakeville, Minnesota, as follows: Section 1. Recitals. 1.01. There has been prepared and presented to the Authority a written redevelopment plan (the Redevelopment Plan) proposing that a redevelopment project be undertaken by the Authority within the City, designated as Redevelopment Project No. 1 (the Project) and a financing plan for the first phase of the Project, designated as Tax Increment Financing Plan (the Financing Plan) for Tax Increment Financing District No. 1 (the District). 1.02. The Project and the District, when established, will each constitute a "redevelopment project" as defined in Minnesota Statutes, Section 462.421 Subdivision 13. The District when established will constitute a "project" and a "Redevelopment district" which is a type of "tax increment financing district" within the meaning of Minnesota Statutes, Section 273.73 Subdivision 10 (a) (1) . 1.03. The Authority has investigated the facts and reviewed the Redevelopment Plan and the Financing Plan and hereby finds, determines and declares that it is necessary and in the best interests of the City and its inhabitants for the Authority to undertake and complete the Project in accordance with the Redevelopment Plan, and phase one of the Project in accordance with the Financing Plan. 1.04. The undertaking and completion of the Project in accordance with the Redevelopment Plan, will result in the accomplishment of the public purposes and objectives set forth in Minnesota Statutes, Sections 462.411 through 462.585 and is necessary to carry out and implement the Project. 1.05. One parcel of land in Phase One of the Project to be acquired by the Authority is improved with a building. That parcel is designated as the "City Site" in the Redevelopment Plan and Tax Increment Financing Plan, and is improved with a City Hall -Fire Station facility. That facility no longer meets the needs of the City with respect to adequate fire protection due to poor location and inadequate design and size and is therefore found to be detrimental to the safety and health of the community. Another parcel in Phase One of the Project is that portion of Hughes Avenue lying between 207th Street South and 208th Street South to be vacated by the City, which is improved with utilities in need of repair. 1.06. The acquisition of the Project area is necessary to carry out and implement Phase One of the Redevelopment Plan. Section 2. Submission to Planning Commission The Secretary is authorized and directed to submit a certified copy of this resolution and the Redevelopment Plan to the Planning Commission of the City and to request the Commission to issue its written opinion as to whether said redevelopment plan conforms to the comprehensive plan for the development of the City, the zoning ordinance, and any other general plan for the development of the Project area and the surrounding area. Section 3. Submission to County and School Districts The Secretary is authorized and directed to submit a certified copy of this resolution, the Redevelopment Plan and the Financing Plan to the Dakota County Board of Commissioners and the School Board of Independent School District No. 194, along with a request • for their comments on the Redevelopment Plan and Financing Plan and with notices of public hearings on the Redevelopment Plan and Financing Plan. Section 4. Submission to City Council In order for the Authority to proceed with the Project and to carry out the Redevleopment Plan and the Financing Plan, it is necessary that the City approve the Redevelopment Plan and the Financing Plan. The Secretary, upon receipt of the written opinion of the Plan- ning Commission, is authorized and directed to submit a certified copy of this resolution, the Redevelopment Plan, the Financing Plan and the opinion of the Planning Commission to the City Council, which is hereby requested to approve the Redevelopment Plan in accordance with Minnesota Statutes, Section 462.521 and the Financing Plan in accordance with Minnesota Statutes, Section 273.74 Subdivision 3. Adopted in Regular Session of the Housing and Redevelopment Authority in and for the City of Lakeville, Minnesota, held this 3rd day of November, 1980. ATTEST! Chairman of Lakeville H.R.A. Secretary of Lakeville H.R.A.