HRA RES 1981-06 - 00014057n
�
�
�
RESOLUTION HRA � - 1981
RESOLUTION APPROVING THE MOORE LAKE REDEVELOPMENT PLAN AND
FILING OF A PROJECT RPPLICATION TO THE CITY COUNCIL OF THE CITY
OF FRIDLEY
WHEREAS, It is desireable and in the Public interest that the Housing and
Redevelopment Ruthority of Fridley, Mtnnesota, undertake the Moare Lake
Redevelopment Pro�ect as outlined in a report titled "The Moore Lake
Redevelopment Plan" and dated fe6ruary 26, 1981, and
WHEREAS, Tfie Houstng and Redevelopment Authority has determined that the area
described tn the above said plan s�tuated in the C�ty of Fr�dley, County of
Anoka, and State of M�nnesota, �s that area proposed as the Moore Lake
Redevelopment Pro�ect area; and
WHEREAS, 7he said Redevelopment Pro�ect area is blighted and deteriorated due
to economic obsolescence of commercial and res�denttal structures, poor soil
� condit�ons, development patters, traffic and parking des�gn and unsightly
general cond�tions; and
WHEREAS, The Housing and Redevelopment Authortty has determined �t is
necessary to undertake a Redevelopment pro�ect for the purpose of removing,
prevent�ng or reducing blight, blighting factors or causes of bl�ght through
any work or undertakings as are allowed by MSA Chapter 462. 421 Subdivision
13.
WHEREAS, The Noustng and Redevelopment Authurity has cons�dered the legal
requ�rements of relocating displacetl persons and businesses in the Moore Lake
Redevelopment Area; and
WHEREAS, The Hous�ng and Redeve7opment Author�ty has reviewed the Finance
Plan and Acquisit�on Plan and concurs that said plans are tn conformance with
state law and overall ob�ect�ves; and
WHEREAS, The redevelopment of the Moore Lake Pro�ect area cannot 6e
accompl�shed without governmental assistance as provtded under the Mun�cipal
Housing and Redevelopment Act, Chapter 462, and know specif�cally as a Tax
Increment �evelopment Pro�ect; and
WHEREAS; The Moore Lake Redevelopment Plan will afford maximum opportun�ty,
consistant w�th the sound needs af the City of Fridley as a whole, for the
redevelopment of the pro�ect area 6y private enterprise,
NOW TNEREFORE BE IT RESOLVED BY THE HOUSING NND REDEUELOPMENT AUTHORITY OF
FRIDLEY, MINNESOTA:
1. That the f�oore Lake Redevelopment Plan �s approved and adopted by the
Housing and Redevelopment Authority, and said plan will be financed by
tax �ncrements and such other methods as may deemed necessary and
desireable;
Page 2-- RESOLUTION N0. HRA 6 - 1981
� 2. That the Housing Redevelopment Authority shall insure that all relocation
shall 6e in accordance with all appropr�ate state and Federal relocation
requirements;
L J
�
3. That all real property acquisition shall be determ�ned �n accordance to
the cond�tions of the Tax Increment Plans for the district as required by
Chapter 273.74 Subdtvision 1 of the LaWrs of the State of Minnesota,
4. That application be made by the Fr�dley Housing and Redevelopment
Authority to the City Counctl of the Ctty of Fridley for approval of the
Moore Lake Redevelopment Pro�ect, in the manner requiretl 6y law;
PASSE� AND ADOPTED BY THE NOUSING AND REDEUELOPMENT AUTHORITY OF THE CI7Y OF
FRIDLEY THIS 26th DAY OF MARCH , 1981.
LNKKY I;UMN 5- (;HN1KInkN
HOUSING A REDEVELOPMENT AUTHORITY
0031A/1131A