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RES 1965-144 - 00011445190 RESOLUTION No. 144 -1965 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF FRIDLEY IN CONNECTION WITH FILING OF AN APPLICATION FOR UNDERTAKING OF SUR- VEYS AND PLANS FOR A DISASTER PROJECT WHEREAS, under Title I of the Housing Act of 1949, as amended, the Housing and Home Finance Administrator is authorized to ' extend financial assistance to a locality for the planning and under- taking of an urban renewal project in an urban area which the governing body of the locality certifies, and the Administrator finds, is in need of redevelopment or rehabilitation as a result of a catastrophe which the President has determined to be a major disaster; and WHEREAS, it is desirable and in the public interest that the Fridley Housing and Redevelopment Authority prepare surveys and plans presently estimated to cost approximately Seventy -nine thousand seven hundred sixty -nine and no /100 ($79,769.00) Dollars, in order to undertake and carry out an urban renewal project of the character contemplated by Section III of said Title I, in that certain area, proposed as an Urban - Renewal Area, situated in the City of Fridley, County of Anoka, and State of Minnesota, and described as follows: "Riverview Project Area" bounded generally as follows: On the West the Mississippi River, on the North both sides of Glenco Street easterly from the River to a point intersecting the 830 foot contour line, on the East then generally southerly along the 830 foot contour line running along the base of the bank East of Broad Avenue, then continuing southerly including those properties along both sides of Apex Lane to the River. NOW, THEREFO.TtE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY I OF FRIDLEY, MINNESOTA: 1. That the proposed Urban Renewal Area described above is an urban area in need of redevelopment or rehabilitation as a result of a catastrophe which the President, pursuant to the provisions of Public Law 875, 81st Congress, as amended, has determined to be a major disaster, and is appropriate for an urban renewal project; that the undertaking by the Fridley Housing and Reievelopment Authority of surveys and plans for an urban renewal project of the character con- templated by Section III of Title I of the Housing Act of 1949, as amended, in the proposed Urban Renewal Area described above, is hereby approved; and that financial assistance under Title I is needed to enable the Fridley Housing and Redevelopment Authority to finance the undertaking of the Project. 2. That it is cognizant of the conditions that( are imposed in the undertaking and carrying out with Federal financial assistance of an urban renewal project of the character contemplated by Section III of Title I, including those prohibiting discrimination because of race, color, creed, or national origin; and also the following requirements: (a) that the contract for temporary loan or capital grant for the Pro- ject shall specify a date for compliance with the workable program for community improvement requirements of Section 101(c) of Title I; (b) that the urban renewal plan shall be approved by this body; (c) that local grants -in -aid, consisting of donations of cash, land, demolition or removal work, and the installation, construction, or reconstruction of streets, utilities, parks, playgrounds, or other improvements or the provision of other public buildings or facilities, necessary for carry- ing out in the Urban Renewal Area the objectives of the urban renewal plan, shall be provided in an amount which, together with the Federal capital grant, will be generally equal to the difference between Gross Project Cost and the Proceeds or value of project land sold, leased, or retained for use in accordance with the urban renewal plan; 1 RESOLUTION No. 144 -1965 (Continued) and (d) that there shall be prepared and carried out a plan for the en- couragement, tothe maximum extent feasible, of the provision of dwellings suitable for the needs of individuals and families displaced by the major disaster or by redevelopment or rehabilitation activities in connection with the Project; and it is the sense of this body that such conditions can and will be complied with. 3. That the filing of an application by the Fridley Housing and Redevelopment Authority for surveys and plans for an urban renewal project in the Urban Renewal Area described above is hereby approved. PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF FRIDLEY, MINNESOTA, this 16th day of August, 1965. MAYOR - Willfam J. Nee ATTEST: QTY CLERK - Marvin C. Brunsell 191 a