HRA RES 1997-18 - 00001057HRA RESOLUTION NO. 18 - 1997
A RESOLUTION AMENDING THE HOUSING REPLACEMENT
DISTRICT PLAN FOR HOUSING REPLACEMENT DISTRICT
NO. 1 TO INCLUDE PHASE II
BE IT RESOLVED by the Board of Commissioners (the "Commissioners") of
the Housing and Redevelopment Authority in and for the City of Fridley,
Minnesota (the "Authority") as follows:
Section 1. Recitals.
1.01.It has been proposed that the Authority amend the Housing
Replacement District Plan (the "Plan") for Housing Replacement District
No. 1(the "District") to include Phase II, pursuant to and in
accordance with Laws of Minnesota 1995, Chapter 264, Article 5, Sections
44 through 47, inclusive, as amended and supplemented from time to time.
1.02.The Authority has performed all actions required by law to be
performed prior to the approval and adoption of an amended Plan.
1.03. The Authority hereby determines that it is necessary and in the
best interests of the City and the Authority at this time to amend the
Plan for the District to include Phase II in order to further achieve
the Authority's and City's goal of acquiring blighted, undeveloped, or
underdeveloped parcels for redevelopment or rehabilitation, and for
resale as market rate housing.
Section 2. Findings.
2.01.The Authority hereby finds that the adoption and implementation of
the amended Plan is necessary to assure the development and
redevelopment of market rate housing within the City.
2.02.The Authority hereby finds that the amended Plan conforms to the
comprehensive plan of the City for the development and redevelopment of
the City as a whole.
2.03.The Authority hereby finds that the amended Plan affords maximum
opportunity consistent with the sound needs of the City as a whole for
development and redevelopment within the District by private enterprise.
2.04. The Authority hereby finds that the approval and adoption of the
amended Plan is intended, and in the judgment of this Authority, its
effect will be to promote the public purposes and objectives specified
in the Plan.
Section 3. Adoption of Policy.
3.01.The amended Housing Replacement District Plan for Housing
Replacement District No. 1 to include Phase II is hereby approved and
adopted by the Commissioners of the Authority.
Page 2-- HRA Resolution No. 18 - 1997
Section 4. Filing of Plan.
4.1. Upon approval and adoption of the amended Plan, the Authority shall
cause said amended Plan to be filed with the Minnesota Department of
Revenue.
PASSED AND ADOPTED BY THE HOUSING & REDEVELOPMENT AUTHORITY OF THE
CITY OF FRIDLEY THIS 13TH DAY OF NOVEMBER, 1997.
LAWRENCE R. COMMERS - CHAIRMAN
ATTEST:
WILLIAM W. BURNS - EXECUTIVE DIRECTOR