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HRA RES 1983-10 - 00013959� � � HOUSING AND REDEVELOPMENT AUTHORITY IN AND FOR THE CITX OF FRIDLEY COUNTY OF ANOKA STATE OF MINNESOTA RESOLUTION NO. HRA 10-1983 A RESOLUTION REDESIGNATING CENTER CITY REDEVEL° OPMENT AREA AS REDEVELOPMENT PROJECT NO, 1 AND MODIFYING BY ENLARGEMENT REDEVELOPMENT PROJECT N0. 1 AND THE REDEVELOPMENT PT,AN RELATING THERETO PUR- SUANT TO THE PROVISIONS OF MINNESOTA STATUTES, SECTIONS 462.411 TO 462.716, INCLUSIVE, AS AMENDE➢, AND REDESIGNATING CENTER CITY REDEVELOPMENT AREA AS TAX INCREMENT DISTRICT NO. 1; MOORE LAKE REDEVELOP- MENT AREA AS TAX INCREMENT DISTRICT NO. 2; AND NORTH AREA REDEVELOPMENT AREA AS TAX INCREMENT DISTRICT NO. 3 ALL LOCATED WITHIN REDEVELOPMENT PROJECT NO. 1. BE IT RESOLVED by the Cammissioners (the "Cammission- ers") of the Housing and Redevelopment Authority (the "Au- thority") in and for the City of Fridley, Minnesota (the "City"), as follows: Section Z. Recitals. ' 1.01. it has been ptoposed that the Authority redesig- nate Center City Redevelopment Area as Redevelopment Project No. 1(the "Redevelopment Project") and modify by enlarge- ment Redevelopment Project No. 1 and the Redevelopment Platt (the "Redevelopment Plan") relating thereto pursuant to and in accordance with Minnesota Statutes, Sections 462.411 to 462.716, inclusive, as amended, and redesignate Center City Redevelopment Area aj Tax Increment District No. 1; Moore Lake Redevelopment Area as Tax Increment District No. 2; and North Area Redevelopment Area as Tax Increment District No. 3 all located within Rede��elopment Project Na. 1. 1.02. This Authority has caused to be prepared, and has investigated the facts with respect thereto, a proposed modification by enlargement of the Redevelopment Plan for the Redevelopment Project, defining more precisely the prop- erty to be added to the Redevelopment Project. 1.03. The Authority has performed all actions reqvired by law to be performed prior to the redesignation and modi- fication of the Redevelopment Project and Redevelopment Plan relating thereto, and the redesignation of the Center City Redevelopment Area, Moore Lake Redevelopment Area and North Area Redevelopment Area within the Redevelopment Pro�ect, including, but not limited to, notification of Anoka County � and Independent School Districts Nos. 11, 13, 14 and 15 which have taxing jurisdiction over the property proposed to be added to the Redevelopment Project and a request for the written opinion of the City's Planning Commission relating to the proposed modification to the Redevelopment Project and the Redevelopment Plan relating thereto. 1.04. The Authority hereby determines that it is neces- sary and in the best interest of the City at this time to redesignate Center City Redevelopment Area as Redevelopment Project No. 1 and modify by enlargement Redevelopment Pro7ect No. 1 and the Redevelopment Plan relating thereto and to redesignate Center City Redevelopment Area as Tax Increment District No. 1; Moore Lake Redevelopment Area as Tax Increment District No. 2; and North Area Redevelopment Area as Tax Increment District No. 3 and to request that the City Council (the "Coancil") of the City hold a public hearing relating to the above-stated matters. Section 2. Redesiqnation and Modification of Redevelop- ment Project. � 2.01. Subject to the finding, determination, and ap- proval of the redesignation of Center City Redevelopment � Area as Redevelopment Pro�ect No. 1 and the modification of Redevelopment Project No. 1 by the Council of the City, Center City Redevelopment Area is hereby redesignated, numbered and modified in and for the City. The property ad- ded to Redevelopment Project No. 1 shall be the property described in the Redevelopment Plan for Redevelopment Project No. 1 approved in Section 4 hereof. Section 3. Redesiqnation of Tax Increment Dis 3.01. Sub7ect to the finding, determination, and ap- proval of the redesignation of Center City Redevelopment Area as Tax Increment District No. 1; Moore Lake Redevelop- ment Area as Tax Increment District No. 2; and North Area Redevelopment Area as Tax Increment District No. 3 by the Council, Center City Redevelopment Area, Moore Lake Redevelopment Area and North Area Redevelopment Area within Redevelopment Project No. 1 are hereby redesignated �n and for the City. Section 4. Modification of Redevelopment Plan. 4.01. The Redevelopment Plan for Redevelopmen± Project No. 1 presented to the Authority on this date, is hereby � approved and adopted by the Authority and shall be forwarded to the Council with the request that the Council hold a public hearing relating to the redesignation and modifica- tion of the Redevelopment Project and Redevelopment Plan - 2 - � relating thereto and the redesignation of the Tax Increment Districts within the Redevelopment Project, and that the Modified Redevelopment Plan shall be placed on file in the office of the Clerk-Treasurer. Section 5. Filing of Redevelopment Plan. 5.01. The Authority shall cause the modified Redevelop- ment Plan for Redevelopment Project No. 1(Center City Rede- velopment Area) including Tax Increment Financing Plans for Tax Increment District No, 1(Center City), Tax Increment District No. 2(Moore Lake) and Tax Increment District No. 3 (North Area) to be filed with the Minnesota Department of Energy and Economic Development. r ., ,', 1 �J � .% i �/ Dated: �/2/ , 1983 �L`,,�ti�-`r ��_";,y"""'"�""- Chairman Atte , Executive Director � � - 3 -