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RES 1965-158 - 00011469214 RESOLUTION NO. 15 &.1965 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF FRIDLEY IN CONNECTION WITH FILING OF AN APPLICATION FOR UNDERTAKING OF SURVEYS AND PLANS FOR A DISASTER PROJECT WHEREAS, under Title I of the Housing Act of 19491 as amended, the Housing and Home Finance Administrator is authorized to extend financial assistance to a locality for the planning and undertaking 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 -one thousand eight hundred thirty -five and no /100 ($71,835.00) 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: "City Center Project Area" bounded generally as follows: Commencing at University Avenue and Mississippi Street easterly along Mississippi Street to a point approximately 300 feet easterly of Fifth Street, then south approximately 450 feet, then westerly 300 feet to Fifth Street, then southerly to 64th Avenue N.E., then westerly along 64th Avenue N.E. to University Avenue, continuing westerly along Satelite Lane to 3rd Street N.E., then northerly to Missis- sippi Streets then easterly along Mississippi to University Avenue. NOW THEREFORE, BE IT RESOLVED, BY THE CITY COUNCIL OF THE CITY 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 Redevelopment Authority of surveys and plans for an urban renewal project of the character contemplated 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. 215 RESOLUTION No. 158 -1965 (Continued) 2. That it is cognizant of the conditions that are imposed in the undertaking and carrying out it th 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 requirementss (a) that the contract for temporary loan or capital grant for the Project 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 oe approved by this body; (c) that local grants -in -aid, consisting of donations of cash, land, demolition of streets, utilities, parks playgrounds or other improvements or the provision of other public buildings or facilities, necessary for carrying 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 b e 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; and (d) that there shall be prepared and carried out a plan for the encouragement, to the maximum extent feasible, of the provision of dwellings suitable for the needs of individuals and families displaced by 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 inthe Urban Renewal Area described above is hereby approved. PASSER AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF FRIDLEY, MINNESOTA, this 7th day of September, 1965. L2 MAYO - WiiliaV. Nee ATTEST: Cis �,� Q tiu CITY C — Marvin G. Brunsell