1975-5411rRESOLUTION N0. 5411.
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RESOLUTION AUTHORIZING AND DIRECTING F1XED ASSETS CHARGES TO
RETAINED EARNINGS IN THE SEWER UTILITY FUND AND TRANSFERRING
FUNDS TO THE GENERAL FUND AS A REII~URSEMENT OF THE MUNICIPALITY'S
CONTRIBUTION FOR CERTAIN FIXED ASSETS AND APPROFRIATION OF MONEY
TO PREPAY SPECTAL.ASSESSMENTS ON CITY PROPERTY
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WHEREAS, certain fixed assets consisting :of land, equipment and buildings
in the construction of sewer lift stations and sanitary sewers are recorded in
the Sewer Utility Fund, and
WHEREAS, these fixed assets have been paid for and recorded as a contri-
bution by the municipality, and
WHETtEAS, on February 8, 1971, by Resolution No. 4749, the City of .Richfield
entered into an agreement with the Metropolitan Sewer Board to transfer-certain
interceptors located in Richfield, and
WHEREAS, such agreement. provided that the Metropolitan Sewer Board, upon
assumption of ownership, would assume the existing bonded indebtedness and thereby
increased the municipality`s contribution in the Sewer Utility Fund, and
WHEREAS, it is hereby determined that the Sewer Utility Fund, as a self
supporting public service enterprise, should bear the cost of fixed assets
necessary for its operation, and
WHEREAS, it is the intention of the City to set sewer usage charges in an
amount sufficient to meet annual service charge without duplicating costs through
usage charges and tax levy on bonded indebtedness, and
WHEREAS, it is hereby determined that the municipality's contribution to
the Sewer Utility Fund should be transferred to the General Fund, and by reason
of such transfer it is determined' that the actual receipts of the City in the
General Fund exceeds the budget estimate of receipts for such fund for the year
1975 by the amount of $158,125.48, and that such, amount should be appropriated
and transferred to pay special assessments on City owned property in keeping with
the policy of not duplicating costs by levying faxes an bonded indebtedness for
the same purpose.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Richfield:
1. That an amount of $158,125.48 be charged to the retained earnings for
1975 in the Sewer Utility Fund.
2. That $158,125.48 be transferred to the General Fund as a reimbursement
of the municipality's contribution to the Sewer Utility Fund for fixed assets.
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Resolution No. 5411 (Continued)
3. That the estimated revenues of the City of Richfield from all sources
for 1975 are hereby revised as follows:
1'[iATD ~ AMOUNT
General Fund $158,125.48 Increase
4. That the sum of $158,125.48 is hereby appropriated from the General Fund
Unallocated Division to pay current and deferred special- assessments on City awned
property to the various debt service funds to which these special assessments apply.
5. That the General Fund budget of the City for the 1975 is hereby amended
to the extent provided in this resolution.
Passed by the City Council of the City of Richfield this 22nd day of
September, 1975.
ATTEST:
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Thomas J. Mo~ City Clerk
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~. RESOLUTION N0. 5445
FINDINGS AND DETERMINATIONS BY, AND RESOLUTION$ OF,
THE CITY COUNCIL OF THE CITY OF RICHFIELD, MINNESOTA,
RELATIVE TO AND APPROVING A REDEVELOPMENT PLAN FOR
AN URBAN RENEWAL PROJECT FOR THE LYNDALE-HUB-NICOLLET
AREA IN RICHFIELD, MINNESOTA, ENTITLED
"LYNDALE-HUB-NICOLLET COMMERCIAL IMPROVEMENT PROGRAM"
DATED OCTOBER 15, 1975
WHEREAS, it has been the intent and desire of the ''City of Richfield for
many years. to improve conditions in the section of the City of Richfield re-
ferred to as the Lyndale-Hub-l~icollet commercial area; and
WHEREAS, .the Housing and Redevelopment Authority of Richfield, Minnesota
(the "Authority"), has now .prepared a redevelopment plan for.an urban renewal
project for the Lyndale-Hub-Nicollet area of Richfield,.Minnesota (the "Project
Area")•, entitled "Lyndale-Hub-Nicollet Commercial Improvement Program", dated
October 15, 1975 (the "Plan"'); and
WHEREAS, the Plan has been prepared by the Authority with the cooperation
and assistance of the .appropriate City departments; and
WHEREAS, the Authority, by resolutions duly adopted at a meeting held on
October 15,-1975, did approve the Plan and did authorize application to the
City Council.of the Plan, including a statement of the method proposed for
financing the project proposed by the Plan, and the written opinion of the
Planning Commission of the City of Richfield, dated October 15, 1975; and
WHEREAS, application for approval. of the Plan has now been made to the.
City Council, and the Plan, a statement of the method- proposed for financing
the project proposed by the Plan,.and the. written opinion.of the Planning Com-
mission have now been duly submitted to the City Council, and the City Council
on November l0 and November 24, 1975, duly held a public hearing on the Plan
pursuant to published notice, all as required by Minnesota Statutes $462.521; and
WHEREAS, the Authority may not proceed with the plan unless the City Council,
by resolution,. makes certain findings with respect to the Project Area and-Plan,
and approves the Plan; and _
WHEREAS,. the Authority has studied the location and the physical condition
of structures, land use, environmental influences, and social,. cultural, and
economic conditions of the Project Area,. and the Planning Commission of Che
City of Richfield, Minnesota, being the duly. designated and acting. official •
agency of Richfield, has: found and determined that the Project area is a deter-
iorated and deteriorating area within the meaning of Minnesota Statutes $462.421,
subd. 11, as-set out in its written opinion submitted to-the City Council, which
finding and determination was concurred in by-the Authority; and
WHEREAS, the City Council has duly considered the written opinion of the
Planning Commission, the Findings and Determinations, and .Resolutions o•f the
Authority dated October 15, 1975, the material and information included in the
~ Plan, and the testimony and evidence presented at the public hearing on November
10 and November 24, 1975, and• .
f.
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Resolutiois No. 5445 Page 2 = .
W1~REAS, the members of the City Council have knowledge of the conditions
prevailing in the.Project Area and in the locality. generally; and
WHEREAS, the City Council has been fully apprised of all action that will
or may be necessary to be taken by the City of Richfield relating to the Plan
and the implementation and carrying out of the Plan.
NOW, THEREFORE, the City Council of the City_of Richfield, Minnesota, does
hereby make the following findings and determinations:Y ~._
. 1. That the Project Area is a deteriorated and deteriorating area within
the meaning-of Minnesota-Statutes X462.421, Subd, ll; .
2. That the urban renewal project proposed by the Plan is necessary to
eliminate, and prevent the spread of, such deterioration;
3. That the acquisition of real property as described in .the plan is
necessary to eliminate, and prevent .the spread of such deterioration;
4. That the Project Area is subject to conditions-preventing private __
development and would not be made available for redevelopment without the .
governmental assistance--and financial aid proposed by the-Plan;
. 5. That the Plan affords maximum opportunity for redevelopment of .the -
Project Area by private enterprise, consistent with the sound needs of the
_ locality as a whole;
. 6. That-the Plan provides an outline for the development-and redevelopment-
of the Project Area. and is sufficiently complete to indicate the relationship of
the Plan to the objectives of the City of Richfield as to appropriate land uses
within the Project Area, and to indicate. the general land uses-and general standards
of development or redevelopment within the Project Area;
7.. That there is a feasible method for the temporary relocation of families
who may be displaced.-from the Project Area, and .that there are available, or will
be provided, in the Project Area, or in other areas not less desirable in regard
to public utilities and public and commercial facilities, and at rents or prices
within-the financial means of the families who may be displaced from the Project
Area, decent, safe, and sanitary dwellings at least equal in number to the number
of families who may be so displaced; that the Authority, in acquiring any prop-'
erties,-must and will provide all relocation assistance and benefits required by
the Federal Uniform Relocation Assistance and Real Property Acquisition Policies
Act of 1970, any acts amendatory thereof, any regulations duly adopted pursuant -
thereto, and any regulations duly .adopted by the State of Minnesota, its agencies,.
or political subdivisions pursuant to law;
8. _ That the Plan conforms to a general plan for the development of the
locality as a whole;..
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Resolution No. 5445 Page 3. ,
9. That the method proposed far financing the project proposed by the Plan
is feasible and adequate to properly and fully finance-the project.
' THEREFORE, the City Council does hereby resolve and direct as follows:
A. That the Plan, in all respects, including the method proposed for
financing the project proposed. by the Plan, is hereby approved;
B. That the City Clerk is hereby directed to maintain on file a copy of
the Plan as hereby approved, together with the written opinion of the Planning
- Commission and the Findings and Determinations, and Resolutions of the .Authority,
dated October 15, 1975;
C. That the City Council pledges its cooperation, and that of all officials,
departments, boards, and commissions of the City, in helping to implement and
carry out the Plan, and directs-that all such officials, departments, boards, and
commissions cooperate in all appropriate ways to assist and expedite all actions
to implement and carry out the Plan, including, but not limited to, all actions
that_are necessary or .desirable to implement. the method proposed for financing.
the project proposed by the Plan.
D. That the Mayor and Manager be, and they hereby are, authorized and
directed, for and on behalf of, and in the name of, the City of Richfield, to
execute all such documents and agreements, and to take all such action; as they
deem necessary or desirable to assist in the implementation and carrying out of
. etie ~P1an.
_ Passed by the City Council, City of Richfield on the-24th day of November, 1975.
' mot/
en L. Law yor
ATTEST:
... s!
TYiomas J. Moran City Clerk
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