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02-856r 30 HRA RESOLUTION NO. 856 I MESSAGE FROM THE RICHFIELD HOUSING AND REDEVELOPMENT AUTHORITY TO THE RICHFIELD CITY COUNCIL JUNE 17,2002 NOW, THEREFORE, BE IT RESOLVED BY THE HOUSING AND REDEVELOPMENT AUTHORITY IN AND FOR THE CITY OF RICHFIELD that Richfield is a great community because of its citizens and its sense of community. It is also a great community because we have had the vision and the will to move forward in the face of challenges what would have crippled other communities our size. We are small, we are landlocked, we are near a noisy airport and we face the problems of a community that is aging both in its population and its infrastructure. I Yet in every neighborhood and in every business area of our City, you see signs not of decay but of growth and vitality. The willingness of our citizens to reinvest in their homes is not an accident. It is because they believe that Richfield is heading upwards, not decaying. This perception and this reality are due in no small part to redevelopment efforts aimed at removing substandard homes and promoting programs for housing redevelopment. In our business areas, we also see investment and growth that will bring jobs and taxes, but more importantly, long-term stability to our community. That will benefit every citizen of Richfield. This vision of growth and reinvestment in ourselves was conceived in the 1970s and has been nurtured by every HRA and City Council since. But it is a vision that is no less important today than it was 30 years ago. The one thing that has changed is that our City-wide vision has been attacked by a well financed few who have created much confusion and called for a halt to future redevelopment efforts. Tax increment financing is not the issue in reviewing the City's goals. That financing approach is one of the limited means which Richfield and any other city has to promote and nurture development and redevelopment of homes and businesses in our community. This issue is: Do we, as a community, continue to follow the vision of actively promoting improvements in our homes and businesses or do we abandon that effort and trust our future solely to the private market and the hope that Richfield now has sufficient momentum to avoid future residential and commercial deterioration? I The members of the HRA support the ongoing commitment to actively promoting efforts to assure the continued vitality of our homes and businesses. We understand the need for public review and discussion of the costs and benefits of each new project under consideration but we reject the notion that these revitalization efforts should stop and that tools such as tax increment financing should simply be abandoned in all cases. We call upon the City Council to join us in this commitment. I Adopted by the Housing and Redevelopment Authority in and for the City of Richfield, Minnesota this 17th day of June, 2~ L- Thomas E. Harms, Chair I I