HRA RES 2008-05 - 14824Page 1- Resolution No. 2008-OS
HOUSING AND REDEVELOPMENT AUTHORITY
IN AND FOR THE CITY OF FRIDLEY
COUNTY OF ANOKA
STATE OF MINNESOTA
RESOLUTION NO. 2008 - 05
A RESOLUTION DETERMINING THAT CERTAIN PARCELS ARE
OCCUPIED BY STRUCTURALLY SUBSTANDARD BUII,DINGS AND ARE
TO BE INCLUDED IN A TAX INCREMENT FINANCING DISTRICT
BE IT RESOLVED by the Board of Commissioners (the "Commissioners") of the Housing and
Redevelopment Authority in and for the City of Fridley (the "Authority") as follows:
Section 1. Recitals.
1.01 The Authority has considered the acquisition and redevelopment of the parcels
identified as follows (the "Parcels"):
Address:
PIN:
Address:
PIN:
Address:
PIN:
Address:
PIN:
5865 University Ave. NE
23 -3 0-24-24-0023
5945 University Ave. NE
23 -3 0-24-21-0143
6005 University Ave. NE
23-30-24-21-0134
6041 University Ave. NE
23 -3 0-24-21-0109
1.02 Minnesota Statutes, Section 469.174 et seq., as amended and supplemented from time
to time (the "Tax Increment Act"), provides for the establishment of a redevelopment tax increment
financing district. The Tax Increment Act allows for the inclusion of parcels within a redevelopment
district after substandard buildings have been removed by complying with Minnesota Statutes,
Section 469.174, Subd. 10(d).
Page 2- Resolution No. 2008-OS
Section 2. Findin�s.
2.01 The Board hereby finds that the acquisition and redevelopment of the Parcels further
the goals and objectives of the Development Program.
2.02 The Board hereby finds that the Parcels are occupied by a structure or structures that
are structurally substandard, as defined in the Tax Increment Act and described in the blight report on
file with the City, and that the structure or structures must be demolished and removed from the
Parcels.
2.03 The Board hereby finds that the Authority intends to demolish or cause to be
demolished the substandard building or buildings and to prepare the Parcels for redevelopment.
Section 3. Declaration of Intent.
3.01 The Board hereby declares its intent to include the Parcels within a redevelopment tax
increment financing district and to file the request for certification of the Parcels as part of a district
with the Anoka County Auditor within three years of when the Parcels were occupied by a
substandard building or buildings.
Section 4. Notice to County Auditor.
4.01 If the Authority establishes a tax increment financing district and includes the Parcels,
then upon filing the request for the certification of the tax capacity of the Parcels as part of such
district, the Authority shall notify the Anoka County Auditor that the original tax capacity of the
Parcels must be adjusted as provided in Minnesota Statutes, Section 469.177, Subd. 1(�.
PASSED AND ADOPTED BY THE HOUSING AND REDEVELOPMENT AUTHORITY 1N
AND FOR THE CITY OF FRIDLEY THIS 7th DAY OF AUGUST, 2008.
Lawrence R. Commers, Chairman
ATTEST:
William W. Burns, Executive Director
KM: 4850-2222-5922, v. 1