HRA RES 2001-02 - 00002087RESOLUTION NO. HRA 2-2001
A RESOLUTION AMENDING THE HOUSING REPLACEMENT DISTRICT PLAN FOR
HOUSING REPLACEMENT DISTRICT NO. 1 TO 1NCLUDE PHASE III
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 III, 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 III 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. Findin�s.
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. Approval and Adoption of the Amended Plan.
3.01. The amended Housing Replacement District Plan for Housing Replacement District No. 1 to
include Phase III is hereby approved and adopted by the Commissioners of the Authority.
HRA Resolution No. 2-2001 Page 2
Section 4. Filin� of Plan.
4.01. Upon approval and adoption of the amended Plan, the Authority shall cause said amended
Plan to be filed with the Commissioner of Revenue.
PASSED AND ADOPTED BY THE HOUSING AND REDEVELOPMENT AUTHORITY 1N
AND FOR THE CITY OF FRIDLEY, MINNESOTA, THIS 3� DAY OF MAY, 2001.
LAWRENCE R. COMIV�RS, CHAIRPERSON
ATTEST:
WILLIAM W. BURNS, EXECUTIVE DIRECTOR