Res 2000-41 CITY OF FRIDLEY
COUNTY OF ANOKA
STATE OF MINNESOTA
RESOLUTION NO.41-2000
A RESOLUTION DETERMINING THAT A CERTAIN PARCEL IS OCCUPIED BY
STRUCTURALLY SUBSTANDARD BUILDINGS AND IS TO BE INCLUDED IN A TAX
INCREMENT FINANCING DISTRICT
BE IT RESOLVED by the City Council (the "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/or redevelopment of a parcel identified as follows(the "Parcel"):
349-353 57th Place
PIN 23-30-24-24-0076
1.02 Minnesota Statutes, Sections 469.174 through 469.179, inclusive, as amended and supplemented
from time to time(the "Tax Increment Act")provides for the establishment of a Tax Increment Financing
District as a redevelopment 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
469.174, Subd. 10(b).
Section 2. Findings.
2.01 The Council hereby finds that the acquisition and/or redevelopment of the Parcel furthers the goals
and objectives of the Redevelopment Plan.
2.02 The Council hereby finds that the Parcel is occupied by a structure or structures that are vacated and
structurally substandard as defined in the Tax Increment Act and that the structures must be demolished and
removed from the Parcel.
2.03 The Council hereby finds that the Authority intends to demolish or cause to be demolished the
substandard buildings and to prepare the Parcel for redevelopment.
Section 3. Declaration of Intent.
3.01 The Council hereby declares its intent to demolish or cause to be demolished the substandard
buildings and to include the Parcel within a type of tax increment financing district known as a
redevelopment district. The Parcel shall have been occupied by substandard buildings within three years of
the filing of the request for certification of the Parcel as part of a district with the Anoka County Auditor.
Section 4. Notice to County Auditor.
4.01 If the City establishes a tax increment financing district and includes the Parcel,then upon filing the
request for the certification of the tax capacity of the Parcel as part of such district,the City shall notify the
Anoka County Auditor that the original tax capacity of the Parcel must be adjusted as provided in Minnesota
Statutes, Section 469.177, Subd. 1,Para. (h).
PASSED AND ADOPTED BY THE COUNCIL OF THE CITY THIS 22ND DAY OF MAY,2000.
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•I YM ENcON/MAYOR
ATT T:
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DE RA A. SKOGEN-C CLERK
So