HRA RES 2011-02 - 14794HOUSING AND REDEVELOPMENT AUTHORITY
1N AND FOR THE CITY OF FRIDLEY
COUNTY OF ANOKA
STATE OF MINNESOTA
HRA RESOLUTION NO. 2011-02
A RESOLUTION DETERMINING THAT CERTAIN PARCELS ARE OCCUPIED BY
STRUCTURALLY SUBSTANDARD BUIDLINGS AND ARE TO BE 1NCLUDED 1N A TAX
1NCREMENT 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: 5831 University Avenue NE
PIN: 23-30-24-24-0022
Address: 5905 University Avenue NE
PIN: 23 -3 0-24-21-0122
23 -3 0-24-21-0123
23 -3 0-24-21-0016
Address: 6061 University Avenue NE
PIN: 23 -3 0-24-21-0110
23 -3 0-24-21-0111
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 the
Minnesota Statutes, Section 469.174, Subd. 10(d).
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.
HRA Resolution 2011-02 Page 2
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 3RD DAY OF MARCH 2O11.
Lawrence . Commers, airman
ATTEST:
� ' �/ • � e�-�►L�-�
William W. Burns, Executive Director