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HRA RES 1981-11 - 000140791_J RI+SOLiTFION ND. HRA - 11 - 1981 i• o-:c •' ...� � �,i^ �•��� � • a� � a! n• i� u �, � . • ��� o- • � •�' i �• ��i^ •� -• n r WHEREAS, it is desirable and in the Public interest that the Housing and Redevelopment Authority of Fridley� Minnesota, undertake the North Area Redevelopment Pro�ect as outlined in a report titled "The North Area Redevelopment Plan" and dated November 19, 1981; and WFIERI3AS, the Housing and Redevelopment Authority has determined that the area described in the above said plan situated in the City of Fridley, County of Anoka, and State of P7innesota, is that area proposed as the North Area Redevelopment Project area; and WHIItRAS, the said Redevelopment Project area is blighted and deteriorated due to conditions of un�sual and difficult physical characteristics of the ground; and WHII2F1�, the HousYng and Redevelopment Authority has determined it is necessary to undertake a Redevelopment pro�ect for the purpose of � renoving, preventing or reducing blight, blighting factors or causes of blzght through any work or undertakings as are allowed by MSA Chapter 462.421 SubdYVision 13; and WHERFAS, the Housing and Redevelopment Authority has reviewed the Finance Plan and Acquisition Plan and concurs that said plans are in coniormance with state law and overall objectives; and WHEREAS, the development of the North Area Pro7ect area cannot be accomplished without governmental assistance as provided under the Municipal Housing and Redevelopment Act, Chapter 462, and know specifically as a Tax Increnent Development Pro�ect; and WHEREAS, the North Area Redevelopment Plan will afford maximum opportunity, consistent with the sound needs of the City of Fndley as a whole, for the development of the project area by private enterprise; NOW� 7HII2EEl�RE� BE IT RFSOLVID BY THE HGUSING AZ1D RIDEVELOPP"IEPTI' AUTHORITY OF FRIDLEY� MINNFSOTA; 1. That the North Area Redevelopment Plan is approved and adopted by the Housing and Redevelopment Authotity, and said plan will be financed by tax increnents and such other methods as may be deemed necessary and desirable; � 2. That the Housing Redevelopment Authority shall insure that relocation, if any, shall be in accordance with all appropriate State and Federal relocation requirenents; 3, That all real property acquisition shall be determined in accordance � to the conditions of the Tax Increnent Plans for the distrzct as required by Chapter 273.74 Subdivision 1 of the Laws of the State of Minnesota; 4, That application be made by the Fridley Housing and Redevelopment Authority to the City Council of the City of Fridley for a�pxoval of the North Area Redevelopment Project, in the manner required by law; PASSED AND ADOPTID BY THE HOUSING AIVI] RIDEVEyC)PMEf1T AU'i'I�ORITY OF THE CITY OF FRIDLkY THIS 7q�}� DAY OF Nnypmhar _ �� 1981. :� �r / \�� � �) i r �,'v �„ 4 t���.L �y, LARRY MNIEEP�S - CHAIRMAN HOUS AND RFDEVII�OPI�P�TI' AU�IORITY ATi'FS"r: � �D L. BOARLIMAN - EXECVPIVE DIRDCSOR v �