HRA RES 2018-05 Submission of Grant to Met Council
HRA RESOLUTION 2018 - 05
RESOLUTION AUTHORIZING THE SUBMISSION OF A GRANT APPLICATION TO
THE METROPOLITAN COUNCIL FOR THE TAX BASE REVITALIZATION
ACCOUNT FOR THE REDEVELOPMENT OF NORTHERN STACKS VIII
WHEREAS, the City of Fridley is a participant in the Livable Communities Act's Local Housing
Incentives Account Program for 2018, 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 VIII, formerly All Temp
Storage, located at 5101 Industrial Boulevard, adjacent to the Northern Stacks Development at
4800 East River Road and has made substantial progress towards the industrial clean up and
redevelopment of that property; and
WHEREAS this site at 5101 Industrial Boulevard is contaminated with pollution, and the proposed
uses of the requested funds is consistent with goals of the TBRA; and
WHEREAS the Fridley 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 Chairperson and the Executive
Director,are hereby authorized to execute such agreements as are necessary to implement the
project on behalf of the applicant.
PASSED AND ADOPTED BY THE FRIDLEY HOUSING AND REDEVELOPMENT
AUTHORITY IN AND FOR THE CITY OF FRIDLEY, MINNESOTA, THIS 5th DAY OF APRIL,
2018.
_______
_______________________________________
PATRICIA GABEL, CHAIRPERSON
WITNESSED:
____________________________________
_
WALTER T. WYSOPAL, EXECUTIVE DIRECTOR
I CERTIFY THAT the above resolution was adopted by the Housing and Redevelopment
Authority in and for the City of Fridley, Minnesota on April 5, 2018.
___________________________________
DEBRA A. SKOGEN, CITY CLERK