Res 2013-54
RESOLUTION 2013 - 54
RESOLUTION AUTHORIZING THE SUBMISSION OF A GRANT APPLICATION TO
THE METROPOLITAN COUNCIL FOR THE TAX BASE REVITALIZATION
ACCOUNT FOR THE REDEVELOPMENT OF 4800 EAST RIVER ROAD
WHEREAS, the City of Fridley is a participant in the Livable Communities Act's Local
Housing Incentives Account Program for 2013, as determined by the Metropolitan Council, and
is therefore eligible to make application for funds under the Tax Base Revitalization Account
(TBRA); and
WHEREAS Hyde Development has purchased the Northern Stacks Site, formerly BAE, located
at 4800 East River Road and has made application for the industrial clean up and redevelopment
of this property; and
WHEREAS the 122 acre site is heavily contaminated with pollution and the proposed uses of the
requested funds is consistent with goals of the TBRA; and
WHEREAS the City of Fridley and its Housing & Redevelopment Authority (Fridley HRA) has
the legal authority to apply for financial assistance, and the institutional, managerial, and
financial capability to ensure adequate project administration.
NOW, THEREFORE BE IT RESOLVED that upon approval of its application by the
Metropolitan Council, the Fridley HRA may enter into an agreement with the Metropolitan
Council for the above referenced project(s), and that the Fridley HRA certifies that it will comply
with all applicable laws and regulation as stated in all contract agreements.
NOW, THEREFORE BE IT FURTHER RESOLVED that the City Council of the City of
Fridley, Minnesota hereby authorize a letter of support for the Fridley HRA to execute such
agreements as are necessary to implement the project on behalf of the applicant.
PASSED AND ADOPTED BY THE CITY OF FRIDLEY, FRIDLEY, MINNESOTA, THIS 14th
DAY OF OCTOBER, 2013.
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SCOTT J. LUND, MAYOR
ATTESTED:
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DEBRA A. SKOGEN, CITY CLERK
I CERTIFY THAT the above resolution is a true and correct copy of the original which was
adopted by the City Council of the City of Fridley, Minnesota on October 14, 2013.
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Debra A. Skogen, City Clerk