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HRA RES 2009-07 - 14637HOUSING AND REDEVELOPMENT AUTHORITY IN AND FOR THE CITY OF FRIDLEY COUNTY OF ANOKA STATE OF MINNESOTA HRA RESOLUTION NO. 2009 - 07 A RESOLUTION DETERMINING THAT CERTAIN PARCELS ARE OCCUPIED BY STRUCTURALLY SUBSTANDARD BUII,DINGS AND ARE TO BE INCLUDED IN A TAX INCREMENT FINANCING DISTRICT BE IT RESOLVED by the Board of Commissioners (the "Commissioners") of the Housing and Redevelopment Authority in and for the City of Fridley (the "Authority") as follows: Section 1. Recitals. 1.01 The Authority has considered the acquisition and redevelopment of the parcels identified as follows (the "Parcels"): Address: PIN: Address: PIN: Address: PIN: Address: PIN: Address: PIN: Address: PIN: 5865 University Ave. NE 23 -3 0-24-24-0023 5925 University Ave. NE 23-30-24-21-0140 & 23-30-24-21-0141 5945 University Ave. NE 23 -3 0-24-21-0143 6005 University Ave. NE 23-30-24-21-0134 6041 University Ave. NE 23 -3 0-24-21-0109 6071 University Ave. NE 23 -3 0-24-21-013 5 1.02 Minnesota Statutes, Section 469.174 et seq., as amended and supplemented from time to time (the "Tax Increment Act"), provides for the establishment of a redevelopment tax increment financing district. The Tax Increment Act allows for the inclusion of parcels within a redevelopment district after substandard buildings have been removed by complying with Minnesota Statutes, Section 469.174, Subd. 10(d). HRA Resolution No. 2009-07 Section 2. Findin�s. Page 2 2.01 The Board hereby finds that the acquisition and redevelopment of the Parcels further the goals and objectives of the Development Program. 2.02 The Board hereby finds that the Parcels are occupied by a structure or structures that are structurally substandard, as defined in the Tax Increment Act and described in the blight report on file with the City, and that the structure or structures must be demolished and removed from the Parcels. 2.03 The Board hereby finds that the Authority intends to demolish or cause to be demolished the substandard building or buildings and to prepare the Parcels for redevelopment. Section 3. Declaration of Intent. 3.01 The Board hereby declares its intent to include the Parcels within a redevelopment tax increment financing district and to file the request for certification of the Parcels as part of a district with the Anoka County Auditor within three years of when the Parcels were occupied by a substandard building or buildings. Section 4. Notice to County Auditor. 4.01 If the Authority establishes a tax increment financing district and includes the Parcels, then upon filing the request for the certification of the tax capacity of the Parcels as part of such district, the Authority shall notify the Anoka County Auditor that the original tax capacity of the Parcels must be adjusted as provided in Minnesota Statutes, Section 469.177, Subd. 1(�. PASSED AND ADOPTED BY THE HOUSING AND REDEVELOPMENT AUTHORITY 1N AND FOR THE CITY OF FRIDLEY THIS lgt DAY OF CTOBER 2009. Law en e. Comme s, airman ATTEST: � " �. William W. Burns, Executive Director