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HRA RES 1979-01 - 00014087� � 1._...I RESOLUTION N0. HRA-1 - �g79 A FRIDLEY HOUSING AND REDEVELOPMENT AUTHORITY RESOLUTION APPROVING AN URBAN RE�EVELOPMENT PLAN AND FILING OF A PROJECT APPLICATION TO THE CITY COUNCIL OF THE CITY OF FRIDLEY WHEREAS, it is desirable and in the public �nterest that that the Housing and Revelopment Authority of Fridley, Minnesota, undertake the Center City redevelopment Pro�ect as outlined in a report titled the Center City Redevelopment Plan and dated May �4, , i979, and WHEREAS, the Housing and Redevelopment Authority has determined that the following described area situated in the City of Fridley, County of Anoka, and state of Minnesota, is that area proposed as the Center City Redevelopment Pro,7ect; Lots 5, 6, 7, 8, 9, 10, Block 12, Lowell Addition to Frtdley Park, Lot 18, Block 5, Rice Creek Plaza South Add�tion, Lots 13, 14, 15, 16, Block 3, Rice Creek Terrace Plat 2, Lots 10, 11, 12, Block 2, Rice Creek Terrace Plat 1, Lots l, 2, 3, Block l, Sylvan Hills Plat 5, Lot 1, Block 1, Sylvan Hills Plat 6, Lot 1, Block 1, Sylvan Hills Plat 7, Blocks l, 2, 3, 4, 5, Rees Add�tion to Fridley Park Lots l, 2, 3, 4, 5, Auditor's Subd�vision No. 59, Block l, Sandy Terrace, Blocks 1, 2, Norwood Addition to Fridley Park, and, That part of the West 1/2 of the Northeast 1/4 of the Southwest 1/4 of Section 14, and that part of Rees Addition to Fr�dley Park and vacated alley �n said subdivision described as follows: beginning at a point on the Northerly line of said West 1/2 of the Northeast 1/4 of Southwest 1/4, a distance of 30 feet West of the Northeast corner thereof, thence South and parallel with the East line thereof; a distance of 194 feet more or less, to the Southerly line of Lot l, Block 2, Rees Addttion to Fridley Park, said point being the Southeast corner of satd Lot l; thence Westerly along the Southerly line of said Lot 1 and Lot 22, a distance of 179.3feet; thence North and parallel with East line to said Northl�ne, thence East to the po�nt of begim m �g, amd, That part of the West 1/2 of the East 1/2 of the Southwest 1/4 descrtbed as follows; Commencing at a point 390 feet East of the Northwest corner of the East 1/2 of the Southwest 1/4 of Section ]4; thence Sor�th 8 rods and 70 feet east; thence Easterly 10 rods; thence North 8 rods and 10 feet, thence Westerly 10 rods to place of beg�nning, except the parcel described directly a6ove, and, Lots 1 through 24, Block 1, Alice Wall Addition, and All that part of the East 1/2 of the East 1/2 of the Southwest 1/4 of Section 14, descr�bed as beginning at the Northwest corner thereof, thence East along the North ltne of said $outhwest 1/4 a distance of 214 feet, thence South and parallel w�th the West line of said East 1/2 of the East 1/2 of the Southwest 1/4 for a distance of 368 feet, thence West parallel with satd North line for a distance of 214 feet to satd West ltne; thence North along West said line a distance of 368 feet to the po�nt of beginn�ng. Page 2---RESOLUTION NO.HRA-1 _ 1979 � WHEREAS, the proposed Redevelopment Pro�ect area described above is a blighted commercial strtp development by v�rtue of economic obsolescence of structures, development patterns, traffic design, and unsightly general condttions, and WHEREAS, the Frtdley Housing and Redevelopment Author�ty has considered the legal requtrements of relocat�ng displaced persons and businesses in the Center City Phase I Report dated April, 1979, and WHEREAS, the Hous�ng and Redevelopment Authortty has stud�ed the finance plan and acquisttion plans and concurs that each of these plans �s in conformance with State law and overall ob�ectives, antl WHEREAS, the redevelopment of the above area for �ntense commercial/res�dential uses cannot be accomplished w�thout governmental assistance provided under the Municipal Hous mg and Redevelopment Act, Chapter 462, and known spectfically as a Tax Increment Development Pro�ect, NOW, THEREFORE, BE IT RESOLVED BY THE HOUSING AND REDVELOPMENT AUTHORITY OF FRIDLEY, MINNESOTR: l. That the Center C�ty Redevelopment Pro�ect for the described area is approved and adopted 6y the Housing and Redevelopment Authority of Frid7ey, sa�d pro�ect to be financed by tax increments and such other methods as may be deemed necessary and desirable. 2. That the Hous�ng and Redevelopment Authority shall insure that all relocations shall be in accordance with the Uniform Relocation Act, Chapter 117 M.S.A. 3. That all real property acquisitions shall be determined on an on-going basis during the implementation phases so as to accomplish the overall redevelopment of Center C�ty. 4. That application be made by the Fridley Housing and Redevelopment Authority to the Ctty Counc�l of the City of Fridley for approval of the Center City Redevelopment Pro�ect, in the manner required by law; PASSED AN� ADOPTED BY THE HOUSING AND REDEVELOPMENT AUTHORITY OF THE CITY OF FRI�LEY THIS 14th DAY OF MaY , 197 LHKHY MMtKJ - �HHIKMHN HOUSI G AND REDEVELOPMENT AUTHORITY � ATTEST• ���� EXEC� VE DIRECTOR - JERROLD L. BOARDMAN i�'