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1975-09RESOLUTION N0. 9 FINDINGS AND DETERMINATTONS.BY, AND RESOLUTIONS OF. THE HOUSING AND REDEVELOPMENT AUTHORITY 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 COMMERCTAL IA~ROVEMENT FROGRAM", DATED OCTOBER 15, 1975 WHEREAS, the Housing and Redevelopment Authority of Richfield, Minnesota (the "Authority"), has prepared a redevelopment plan for an urban renewal project in-the Lyndale-Hub-Nicollet area of Richfield, Minnesota, entitled "Lyndale-Hub-N3.co11et Commercial Improvement Program", dated October 15, 1975 (the "Plan"), which Plan consists of and includes a statement of the method proposed for financing the project proposed by the Plan; and WHEREAS, the Plan was-duly transmitted by the Authority to the Planning Commission of the City of Richfield, Minnesota, being the duly designated and acting official planning agency of Richfield, for its study and with a request for its written opinion thereon; and WHEREAS, the said- Planning Commission, at its meeting on October 15, 1975, did, by resolution duly adopted, render its written opinion of the Plan; and WHEREAS, the Authority, prior to proceeding with the Plan, must first approve the Plan and then apply to the City Council of the City of Richfield, Minnesota, for approval of the Plan, and receive such approval. NOW, THEREFORE, the Authority does hereby make the following findings and determinations: 1. That the area included within the Plan (the "Project Area") is a deteriorated and deteriorating area within the meaning of Minnesota Statutes X462.421., subd. 11; -2. That-the urban renewal project proposed by the Plan is necessary to eliminate, and prevent the spread of, such deterioration; . 3. 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; 4.. 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; 5. That the. Plan provides an outline for the of the Project Area and is sufficiently complete to the Plan to the objectives of the City of Richfield within the Project Area, and to indicate the general standards of development, or redevelopment within the development and redevelopment indicate the relationship of as to appropriate land .uses Iand uses and general Project Area; - 9 ~_~ Resolution No. 9 Page 2 6. 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 tQ 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, and 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; 7. , That the objectives and purposes of the Plan conform-to and are consistent with the general land use proposals and planning objectives previously, from time to time, established by the Planning Commission of the City of Richfield for the de- velopment of the Project Area; 8. That the Planning-.Commission of the City of Richfield, by resolution dated October 15,..1975, did render its written opinion on the Plan, which opinion was that the Plan should be approved by the .Authority and the City Council and be implemented and carried out as soon as possible. THEREFORE,-the Authority does. hereby resolve and direct as follows: A. That the Plan, in all respects, is hereby approved; B. That the Authority should apply to the City Council of the City of Richfield, Minnesota, for approval of the Plan, and does hereby authorize and direct the Executive Director of the Authority, for and in behalf of, and in the name of, the Authority,. to make application to the City Council of the City. of Richfield for approval of the Plan, and to submit, with the appl3c anon, the Plan, including a statement of the method proposed for .financing the project pro- posed by-the Plan,-and the written opinion of the Planning Commission of the City of Richfield, Minnesota, dated October 15, 1975, and to take such other action and submit to the said City Council such other informiation and material as the Executive Director: may deem necessary or advisable in order to obtain and expedite the approval of the Plan by said City Council, w C. That the Secretary of the Authority is hereby directed to file a copy of the Plan and a copy of the written-opinion of the Planning Cpmnnission of the City of Richfield with the minutes of this meeting of the Authority; 1 D. That the Executive Director of the Authority is hereby further author- ized and directed to transmit to the State Housing Commission certified copies 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. to Resolution No. 9 Page 3 E.That the Executive Director of the Authority is hereby further author- ized and directed, immediately upon approval of the Plan by the City Council .of Richfield, Minnesota, to request, for and on behalf of,-and in the name of, the Authority, the Auditor of Hennepin County, Minnesota, to certify the assessed valuation of all taxable real property within the Project Area as then most. recently determined, in order to fix the "original taxable value" for 'tax incre- ment financing purposes, pursuant to Minnesota Statutes X462.585, and to do all other acts and furnish to the said County Auditor all documents the Executive Director deems necessary or desirable to fix such "original. taxable value" as soon as possible after the Plan is approved by said City Council. F. That the Executive Director of the Authority is hereby further author- iz~d and directed to take all such action, including furnishing of documents, as he deems necessary or desirable, for and in behalf of, and in the name of, the Authority to obtain and expedite approval of the Plan by all necessary or desirable agencies, political subdivisions, persons, and authotities, and to obtain and expedite all necessary financing in conformance with the financing method proposed by the Plan. Passed by the Housing and Redevelopment Authority of the City of Richfield this 15th day of October, 1975. ren L. aw Chairman ATTEST: A. P. Anderson Secretary w