1990-406168
HRA RESOLUTION N0. 406
THE HOUSING AND REDEVELOPMENT AUTHORITY IN AND FOR THE
CITY OF RICHFIELD, MINNESOTA,
APPROVING MODIFICATION N0. 6 IN THE LYNDALE/HUB/NICOLLET
COMMERCIAL IMPROVEMENT PROGRAM:
REQUESTING THE RICHFIELD CITY COUNCIL TO CONDUCT
A PUBLIC HEARING THEREON:
RECOMMENDING APPROVAL OF THE PLANS
WHEREAS, the Housing and Redevelopment Authority in and for
the City of Richfield, Minnesota (HRA) did on October 15, 1975,•
approve a redevelopment plan for an urban renewal project for the
"Lyndale/Hub/Nicollet Commercial Improvement Program" (the
"Plan"); and
WHEREAS, the City Council of Richfield, Minnesota did on
November 24, 1975, approve the Plan; and
WHEREAS, the Plan has subsequently been amended; and
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WHEREAS, the Plan designated certain properties for
acquisition by the HRA; and
WHEREAS, it has been determined that the acquisition of
certain additional property described in Attachment A is
necessary to implement the Plan and to carry out the purposes of
the Plan; and
WHEREAS, Minnesota Statutes require the Planning
commission's finding as to the conformance of the proposed
purchase with the Comprehensive Plan; and
WHEREAS, the monies for the purchase of this property are
available in the LHN tax increment fund; and
WHEREAS, the HRA may request the city to assist in financing
the public redevelopment costs associated with this modification
by issuance of general obligation bonds payable from the tax
increments.
NOW, THEREFORE, BE IT RESOLVED by the Richfield Housing and
Redevelopment Authority that:
1. Subject to a favorable finding by the Richfield Planning
Commission the Plan is hereby modified by adding thereto as
property designated for acquisition the land described in
Attachment A.
HRA Resolution No. 406 -2-
2. That the executive director of the HRA is hereby authorized
and directed to transmit copies of the modified Plan to the
school board of independent School District No. 280 and the
Hoard of Commissioners of Hennepin County for review and
comment and to notify said public bodies of the public
hearing to be held on the Plans by the City.
3. That the HRA requests the Richfield Planning Commission
to review the modified Plan and comment regarding the
consistency of the Plan with the City'e Comprehensive Plan.
4. That the HRA requests the City Council to hold a public
hearing on the modified Plans required by Minn. Stat.
Section 469.028 and Minn. Stat. Section 469.175 subd 3 as
- soon hereafter as is practicable and recommends that the
modified Plan be approved.
5. That the methods proposed for financing the modification
are feasible.
Adopted by the Housing and Redevelopment Authority in and for
the City of Richfield, Minnesota th~~th day of Nover, 1990.
(( ,~ f
k homas E. Harms, Chairman ~°~
ATTEST:
Joan Helmberger, Secreta,
~~
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HRA Resolution No. 406 ATTACHIrtENT A
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~ LYNDALE /NUB / NICOLLET
COMMERCIAL IMPROVEMENT
PROGRAM " tom, MV .
HRA Resolution No. 406
(2 of 2)
ATTAC~IIKII~i'1' A
GENERAL PROPERTY DESCRIPTIONS
224 West 66th Street (PIN No. 27-028-24-24-0009):
South. 183 feet of East 47 9/10 feet of West 72 9/10 feet of
Southeast 1/4 of Northwest 1/4, except road, Section 27, Township
28, Range, 24, Hennepin County, Minnesota.
220 West 66th Street. (PIN No. 27-028-Z4-24-0058):
South 150 feet of East 255 feet of that part of Southeast 1/4 of
Northwest 1/4 lying West of Richfield Plaza, except road, Section
27, Township 28, Range, 24, Hennepin County, Minnesota.
6520 Pillsbury Avenue South (PIN No. 27-028-24-24-0062):
Lot 3, Block 1, Richfield HUH Superblock, Hennepin County,
Minnesota.
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