RES 2008-36 - 14553RESOLUTION NO. 2008 -36
A RESOLUTION DETERMINING THAT CERTAIN PARCELS ARE OCCUPIED BY
STRUCTURALLY SUBSTANDARD BUILDINGS AND ARE TO BE INCLUDED IN A
TAX INCREMENT FINANCING DISTRICT
BE IT RESOLVED by the City Council of the City of Fridley, Minnesota (the "City ") as follows:
Section 1. Recitals.
1.01 The Housing and Redevelopment Authority in and for the City of Fridley (the
"Authority ") has considered the acquisition and redevelopment of the parcels identified as follows
(the "Parcels "):
Address: 5865 University Ave. NE
PIN: 23-30-24-24-0023
Address: 5945 University Ave. NE
PIN: 23-30-24-21-0143
Address: 6005 University Ave. NE
PIN: 23- 30 -24 -21 -0134
Address: 6041 University Ave. NE
PIN: 23-30-24-21-0109
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).
Section 2. Findings.
2.01 The Council hereby finds that the acquisition and /or redevelopment of the Parcels
further the goals and objectives of the Development Program.
2.02 The Council 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 Council 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.
Resolution No. 2008 -36
Section 3. Declaration of Intent.
Page 2
3.01 The Council 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 City 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 City 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(f).
PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF FRIDLEY, ANOKA
COUNTY, MINNESOTA THIS 25th DAY OF AUGUST, 2008.
Sc tt J. and --Mayor
ATTEST:
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Debra A. Skogen - Ci19 Clerk