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94-8202r64 RESOLUTION NO. 8202 THE CITY OF RICHFIELD, MINNESOTA BESOLUTION APP80VING MODIFICATION TO RICHFIELD REDEVELOPMENT PROJECT PLAN, CONSISTING OF ADOPTION OF REDEVELOPMENT PLAN FOR THE EAST 66TH STREET REDEVELOPMENT PROJECT AREA WHEREAS, 'the Housing •and Redevelopment Authority in and for. the City oP Richfield, Minnesota (the "HRA"} has prepared a Redevelopment Plea (the "Redevelopment Plan") for the East 66th Street Redevelopment Project (the "Redevelopment Project") in accordance with Miane__ Statutes, sections 489.041 to 469.04?, inclusive, (the "HRA ACt"); and WFIEREAS, the Redevelopment Plan, .dated November 21, 1994, is now on file with the city aierk; and WHEREAS, in accordance with section 469.028, subd. 1, of the HRA Act, the Redevelopment Plan has been referred to the planning commission, which on December 6, 1994, commented on the Redevelopment Plan sad found that it conforms to and is not in conflict with the pleas for development of the City as a whole; sad WHEREAS, the HRA, by resolution dated November 21, 1994, approved the uadertakiag of the Redevelopment Project, approved the Redevelopment Plea relating thereto, and referred it to the dty cottadl for a public hearing sad consideration as provided by section 469.028, subd. 1 of the HRA Act; sad WHEREAS, the dty coundl has fully reviewed the contents of the Redevelopment Plea and held a public hearing hereon, at which time all persons wishing to comment were given an opportunity to do so. NOW, THEREFORE, BE IT RESOLVED by the City Coundl of the City of Richfield Minnesota as follows 1. It is .found that the public interest requires neighborhood planning to develop and redevelop specific portions of the community and to remedy conditions of underutilized laced in such areas. 2. In order to foster and fadlitate the growth of the dty's commercial bane, it is found that it is necessary to encourage private enterprise to engage in the redevelopment .of land in accordance with the comprehensive plan. 3. It is found that the Redevelopment Plan for the Redevelopment Project will afford maximum opportunity, consistent with the aouad needs of the city as a whole, for the redevelopment of the Redevelopment Project by private enterprise . 4. In aeeordaace with the findings of the planning commission, it i$ toured that the Redevelopment Play conforms to the general development plan of tho community as a whole as set forth in the comprehensive plan. RCJU 1 U L I UII IYU . OLVL Page 2 5. The findiags .contafaed herein are made in compliance with section 469.028, subd. 2 of the $RA Act i'or the purpose of showiag the City's latent to exercise, in coajvaction with the HRA, the powers graated to the City and the HRA by the SRA Act in order to achieve the objectives set thereto. 6. The undertaking of the Redevelopment Project cad the Redevelopment Plan relating thereto are hereby approved. ?. The geographic boundary of the Redevelopment Project is deaartbed fn thQ . Redevelopment Place, ,which document is adopted herein by reference. 8. 'the dty clerk is authorized cad directed to transmit a certified copy of this resolution to the BR.A. Passed by tho City Council of the City of Richfield thin 1~th day of December, 1984. r G!~ _._.. Martin Kfrseh, yor ATTEST Thoau~a Ferber, City Clerk