05-9599r
199
RESOLUTION NO. 9599
RESOLUTION SUPPORTING REDEVELOPMENT TAX INCREMENT FINANCING
LEGISLATION FOR THE CITY OF RICHFIELD
WHEREAS, in 1996 the Minnesota Legislature and the Metropolitan Airport
Commission (MAC) decided to expand the Minneapolis/St. Paul International Airport with
the inclusion of a new "north-south" runway; and
WHEREAS, the City of Richfield has concerns that the new runway which is being
constructed as close as 1200 feet away from existing homes will have negative affects on
housing in the immediate proximity; and
WHEREAS, in 2000 the City of Richfield and the MAC undertook a joint study of low
frequency noise (LFN) to determine the impacts of the new North/South Runway on
neighboring communities; and
WHEREAS, said study concluded that Richfield would receive the worst impacts of
the LFN and the highest level of impact, 87dB was determined to be incompatible with
residential use; and
WHEREAS, the FAA has refused to recognize LFN as an airport impact, to
establish a program to mitigate its effects or allow the use of "Part 150" funds to mitigate
LFN impacts; and
WHEREAS, 173 single family homes, 14 apartment buildings (163 units) and 5
commercial properties with a combined estimated value of $44-$54 million remain in the
87 dB area within Richfield; and
WHEREAS, City of Richfield is now seeking special legislation that would identify
this 87 dB area within Richfield as a Redevelopment Tax Increment Financing District to
provide the City of Richfield with a financial tool to assist the City in the redevelopment of
said area if the choose to do so.
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of
Richfield declares its support for H. F. 1247 and S. F. 1419 establishing a Redevelopment
Tax Increment Financing District for the area in Richfield included within the 87dB LFN
noise contour and urges its passage by the Minnesota legislature.
Adopted by the City Council of the City of Richfield, Minnesota this 8th day of
March,2005. q~~U
Martin J. Kirsch';---M'ayor
ATTEST: