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03-9337r I I I 159 RESOLUTION NO. 9337 RESOLUTION AOOPTING A MOOIFICA TION TO THE REDEVELOPMENT PLAN FOR THE RICHFIELD REDEVELOPMENT PROJECT AREA. WHEREAS, the Housing and Redevelopment Authority in and for the City of Richfield (the "Authority") did, on or about June 14, 1993, originally adopt the Redevelopment Plan for the Richfield Project Area, pursuant to the provisions of Minnesota Statutes, Sections 469.001 to 469.047 (the "HRA Act"), and has subsequently modified the same thereafter, and WHEREAS, pursuant to the HRA Act, the Authority proposes to modify the Redevelopment Plan; and WHEREAS, the Authority has caused to be prepared a modification to the Redevelopment Plan, and has requested the written opinion of the Planning Commission of the City; and WHEREAS, the Authority did, on or about March 20, 2003, submit a letter of application requesting approval of the modification and made a request that the City Council hold a public hearing on the proposed modification, all in accordance with the HRA Act; and WHEREAS, the Authority has included in its application to the City Council the materials required in Minnesota Statutes, Section 469.028 subdivision 1; and WHEREAS, the City Council did on May 13, 2003, based on such reference and following notice as required by law, hold its hearing on the approval of the modifications to the Redevelopment Plan. NOW THEREFORE, BE IT RESOLVED by the City as follows: I. The City makes the following findings: 1. the land in the project area would not be made available for redevelopment without the financial aid to be sought; the modifications to the redevelopment plan for the redevelopment areas in the locality will afford maximum opportunity, consistent with the needs of the locality as a whole, for the redevelopment of the areas by private enterprise; and the redevelopment plan conforms to a general plan for the development of the locality as a whole; and the modifications are contained in Exhibit A the council hereby ratifies and reaffirms all of the findings previously made with respect to the Redevelopment Plan. 2. 3. 4. 5. II. The City Council hereby approves the proposed modifications to the Redevelopment Plan, and makes all of the findings stated therein. Adopted by the City Council of the City of Richfield, Minnesota this 13th day of May, 2003. ??JiJ;;;e.~ Martin J. Kirs , ayor ATTEST: I I I