88-7482R43
RESOLUTION N0. 7a82
THE. CITY OF RICHFIELD, MINNESOTA
RESOLUTION APPROVING THE 70TH STREET AND PENN
AVENUE REDEVELOPMENT PROJECT AND REDEVELOPMENT
PLAN RELATING THERETO
WHEREAS, the Housing and Redevelopment Authority in and for
the City of Richfield, Minnesota (HRA) on its own initiative has
prepared a Redevelopment Plan (Redevelopment Plan) for. the 70th
Street and Penn Avenue Redevelopment Project (Redevelopment
Project) in accordance with Minn. Stat., Sec 469.001 to 469.047,
inclusive, as amended: and
WHEREAS, the Redevelopment Plan, dated October 17, 1988, is
now on file with the City Clerk; and
WHEREAS, The Redevelopment Plan has been, in accordance with
Minn. Stat., Sec. 469.028, Subd. 1, referred to the City Planning
Commission by which action taken on September 27, 1988, has
commented on the Redevelopment Plan and has found that it
conforms to and is not in conflict with the City as a whole; and
WHEREAS, the HRA by resolution of October 17, 1988 approved
the undertaking of the Redevelopment Project, approved the
Redevelopment Plan relating thereto, and referred it to this
Council for public hearing and consideration as provided by Minn.
Stat., Sec. 469.028, Subd. 1; and
WHEREAS, this Council has fully reviewed the contents of the
Redevelopment Plan.
NOW, THEREFORE, BE IT RESOLVED by the City Council of
Richfield as follows:
1.) That it is found that the public interest requires
neighborhood replanning to redevelop and remedy conditions
of underutilized land.
2.) That in order to foster and facilitate the growth of the
city's commercial base, it is necessary to encourage private
enterprise to engage in the redevelopment of land which is
to be constructed in accordance with a comprehensive
community plan.
3.) That public intervention is necessary in the Redevelopment
Project area in order to coRVey tax-forfeited land to
remedy conditions of underutilized land and physical blight
which the private market has not been willing and/or able
to accomplish independently.
4.) That the Redevelopment Plan for the Redevelopment Project
will afford maximum opportunity, consistent with the sound
needs of the city as a whole, for the redevelopment of the
Redevelopment Project by private enterprise.
Resolution No. 7482
Page 2
5.) That the Redevelopmeni
development plan of tt
comprehensive municip<
6.) That the findings in i
with Minn. Stat., Sec,
showing the city's ini
the HRA, the powers g~
Minn. Stat., Chap. 46~
set thereto.
7.) That the undertaking c
Redevelopment Plan re:
8.) The geographic bounda~
described in the Rede~
adopted herein by refe
9.) The City Clerk is autt
certified copy of thi:
!i Plan conforms to the general
~~e city as set forth in the
~1 plan.
:phis section are made in compliance
469.028, Subd. 2 for the purpose of
1~ent to exercise, in conjunction with
ianted to the city and the HRA- by
~, in order to achieve the objectives
~',f the Redevelopment Project and the
!ating thereto are hereby approved.
'y of the Redevelopment Project is
lielopment Plan which document is
~rence.
~'orized and directed to transmit a
resolution to the HRA.
Passed by the City Coy'ncil
28th day of November, 1988.',
i
ATTEST:
Thomas Ferber- City Clerk
of the City of Richfield this