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99-8728r 88 RESOLUTION NO. 8728 RESOLUTION SEEKING SUPPORT AND COOPERATION IN IMPLEMENTATION OF SECTION 35 OF OMNIBUS TAX ACT WHEREAS, the City of Richfield, the Metropolitan Airports Commission ("MAC") and the Metropolitan Council have previously entered into an agreement entitled "Richfield-MAC Noise Mitigation Agreement ("Agreement") on December 18, 1999; and WHEREAS, the Agreement, among other things, requires the Metropolitan Council, MAC and Richfield to propose legislation to the Minnesota Legislature that would assist the City of Richfield to re-develop the area immediately adjacent to the new North/South Runway; and WHEREAS, the new runway will be just blocks away from thousands of homes in Bloomington, Minneapolis and Richfield and carry 300 to 400 aircraft flights a day; and WHEREAS, Metropolitan Council, MAC, Richfield and others jointly lobbied for the passage of S.F. 1221 (Senator Dave Johnson, DFL) and H.F. 1290 (Representative Peg Larsen, R); and WHEREAS, the 1999 Minnesota Legislature did not enact S.F. 1221/H.F. 1290 but enacted H.F.2420, the omnibus tax bill; and WHEREAS, Section 35 of the omnibus tax bill, which is attached hereto as Exhibit A, directs the MAC to issue and sell $30,000,000.00 of general obligation bonds and transfer $30,000,000.00 to the City of Richfield by January 30,2000, to assist the City of Richfield's planned re-development of the area immediately adjacent to the new North/South Runway which area is designated in Section 35 as an "airport impact zone", and is defined in Section 35 as an area which will "experience significant and unique adverse environmental and socioeconomic impacts directly associated with the operation of the Minneapolis-St. Paul International Airport."; and WHEREAS, Section 35 of the omnibus tax bill states that the proceeds of the general obligation bonds may be used by the City of Richfield to finance the costs of land and structure acquisition, demolition, relocation and site clearance, and public improvements within the airport impact zone, including, without limitation, the following housing replacement activities anywhere within the City: rehabilitation, acquisition, demolition, relocation assistance, and relocation of existing single-family or multifamily housing, and financing of new or existing single-family or multifamily housing that replaces housing units eliminated by redevelopment within the airport impact zone; and WHEREAS, the provisions Section 35 of the omnibus tax bill will assist the City of Richfield redevelop the lands lying within the airport impact zone; and WHEREAS, the redevelopment of the lands lying within the airport impact zone is in the vital best interest of the community and its residents. NOW THEREFORE, BE IT RESOLVED by the City Council of the City of Richfield, Minnesota as follows: 1) The City urges the Metropolitan Council and the MAC to support the City of Richfield's planned redevelopment of the area immediately adjacent to the North/South Runway and adhere to the requirements of Section 35 of the omnibus tax bill. Resolution No. 8728 -2- 2) The City further urges the MAC to immediately seek FAA approval, so that the MA may transfer the required $30,000,000.00 of bond proceeds to the City of Richfield by January 30, 2000 as required by Section 35 of the omnibus tax bill. The City pledges to cooperate, support and assist in that effort. 3) The City has begun the planning process for redeveloping the area immediately adjacent to the new North/South Runway and intends to seek all necessary approvals to begin redevelopment once the planning process is completed. 4) The City Manager and staff are hereby authorized and directed to take all necessa actions on behalf of the City of Richfield to implement this resolution. C Adopted by the City Council of the City of Richfield, Minnesota this 24}h day May, 1999. ATTEST: 7~PCk Thomas P. Ferber, City Clerk