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HomeMy WebLinkAbout1994-086 CCR1 1 Member Celia Scott resolution and moved its adoption: RESOLUTION NO. 94-86 introduced the following RESOLUTION APPROVING MODIFICATION TO PROJECT PLAN FOR HOUSING DEVELOPMENT AND REDEVELOPMENT DISTRICT NO. 1 (FORMERLY THE EARLE BROWN FARM REDEVELOPMENT PROJECT AREA'1 BE IT RESOLVED by the City Council "Council of the City of Brooklyn Center, Minnesota "City as follows: Section 1. RECITALS. 1.01 The Housing and Redevelopment Authority in and for the City of Brooklyn Center "HRA created Housing Developpment Project No. 01 (hereinafter, "Project No. 01 and approved a Project Plan therefor on April 11, 1983, pursuant to Minnesota Statutes, Section 469.001 through 469.047 (the "HRA Act 1.02 The HRA created the Brookwood Project Tax Increment Financing District (TIF District No. 01) and approved a Tax Increment Financing Plan "TIF Plan therefore on April 11, 1983, pursuant to Minnesota Statutes, Section 469.174 through 469.179 "TIF Act 1.03 The HRA created the Earle Brown Farm Redevelopment Area (hereinafter, "Project and approved a Project Plan therefor on July 22, 1985, pursuant to Minnesota Statutes, Section 469.001 through 469.047 (the "HRA Act 1.04 The HRA created the Earle Brown Farm Tax Increment Financing District "Earle Brown Farm TIF District and approved a Tax Increment Financing Plan "TIF Plan therefore on July 22, 1985, pursuant to Minnesota Statutes, Section 469.174 through 469.179 "TIF Act 1.05 By a resolution previously adopted, the City Council of the City transferred control, authority, and operation of Project No. 01, the Project, TIF District No. 01 and the Earle Brown Farm TIF District to the Economic Development Authority in and for the City of Brooklyn Center "Authority pursuant to Minnesota Statutes, Sections 469.090 through 469.108 (the "EDA Act 1.06 The Authority and City modified the Earle Brown Farm Project Area on April 9, 1990, and have determined a need to expand the Project Area further, and to that end have authorized the preparation of a document titled "Modification of the Redevelopment Plan for Housing Development and Redevelopment Project No. 1, Brooklyn Center Economic Development Authority, City of Brooklyn Center, Minnesota," dated April 25, 1994. 1 1 1 Resolution No. 94 -86 1.07 Expansion of the Project constitutes a modification of the TIF Plans for the Earle Brown Farm TIF District and TIF District No. 01 for the purposes of Section 469.175, Subd. 4 of the TIF Act. 1.08 The modified Project Plan was, in accordance with the HRA Act and TIF Act, referred to the Brooklyn Center Planning Commission, which submitted to the City its written opinion that the Plans conform to the comprehensive plan for the development of the City as a whole. 1.09 Estimates of the fiscal impact regarding the amended Project Plan were provided to Independent School District No. 286 and Hennepin County at least 30 days prior to the date of the Council's public hearing on the modification of the Project Plan. 1.10 By resolution dated April 25, 1994, the Authority approved the modified Project Plan and referred it to the Council for Public Hearing and consideration as provided by the HRA Act and TIF Act. 1.11 This Council has fully reviewed the contents of the modified Project Plan and has this date conducted a public hearing thereon at which the views of all interested persons were heard. Section 2. FINDINGS: REDEVELOPMENT PROJECT. 2.01 It is hereby found and determined that within the Project as expanded by the modified Project Plan, there exist conditions of economic obsolescence, physical deterioration, underutilization and inappropriate uses of land constituting blight within the meaning of the HRA Act. 2.02 It is further specifically found and determined that: (a) the land in the Project as expanded would not be made available for redevelopment without the public intervention and financial aid described in the amended Project Plan; (b) the Project Plan as amended will afford maximum opportunity, consistent with the sound needs of the City as a whole, for the redevelopment of the Project Area by private enterprise; (c) the Project Plan as amended conforms to the general development plan of the City as set forth in the comprehensive municipal plan. 2.03 The findings in this section are made in compliance with the EDA Act and the HRA Act for the purpose of showing the City's 1 1 Resolution No. 94 -86 intent to exercise, in conjunction with the Authority, the powers granted to the City and the Authority by those Acts in order to achieve the objectives of those Acts. Section 3. BINDINGS; EARLE BROWN FARM TIF DISTRICT AND TAX INCREMENT DISTRICT NO. 01. 3.01 The City finds and determines that it is necessary and desirable for the sound and orderly redevelopment of the Project and the City as a whole, and for the protection and preservation of the public health, safety, and general welfare, that the powers of the TIF Act be exercised by the Authority and the City to provide public financial assistance to the Project. 3.02 The City further finds that, in its reasoned opinion, the redevelopment proposed in the TIF Plans, as amended by expansion of the Project area, could not reasonably be expected to occur solely through private investment within the reasonably foreseeable future and that therefore the use of tax increment financing is necessary. 3.03 The proposed public improvements to be financing partially through tax increment financing are necessary to permit the City to realize the full potential of the Project in terms of development intensity, employment opportunities and tax base. 3.04 The TIF Plans, as amended by expansion of the Project area, conform to the general plan of development of the City as a whole. 3.05 The TIF Plans, as amended by expansion of the Project area, will afford maximum opportunity, consistent with the sound needs of the City as a whole, for the redevelopment by private enterprise of the Project. 3.06 The City finds that the TIF Plans, as amended by expansion of the Project area, are intended, and in the City's reasoned judgment, that their effect will be to promote the public purposes and accomplish the objectives specified in the TIF Plans. 3.07 The City reaffirms the finding made as of July 22, 1985 that the Earle Brown Farm TIF District is a redevelopment district within the meaning of MinnesotA Statutes, Section 273.73, Subd. 10(2) of the TIF Act (as codified at the time of the request for certification); and the finding made as of April 11, 1983 that TIF District No. 01 is a housing district within the meaning of Minnesota Statutes, Sections 273.71 to 273.78 of the TIF Act (as codified at the time of the request for certification) 3.08 The City has relied upon the reports and recommendations of its staff and the Authority as well as the personal knowledge 1 1 1 Resolution No. 94-86 of members of the Council in reaching its conclusions regarding the TIF Districts. Section 4. PLANS ADOPTED; FILING. 4.01 The modified Project Plan is hereby approved, including the TIF Plans for the Earle Brown Farm TIF District and Tax Increment Financing District No. 01, to the extent such plan is modified by expansion of the Project area. 4.02 The geographic boundaries of the Project are expanded as described in the amended Project Plan. The geographic boundaries of the TIF Districts are not modified by this action. 4.03 The City directs the Authority to file a copy of the modified Project Plan with the County Auditor and the Minnesota Commissioner of Revenue as required by the TIF Act. 4.04 At the request of the Authority, the City may at the appropriate time take action to finance public redevelopment costs identified in the TIF Plans. 4.05 The City Clerk is authorized and directed to transmit a certified copy of this resolution to the Authority. Approved by the City Council of the City of Brooklyn Center, Minnesota on this 25th day of April, 1994. April 25, 1994 Date ATTEST: 'JJ tJLt1Yt4 a Deputy Clerk L; 1-4 Todd Paulson, Mayor The motion for the adoption of the foregoing resolution was duly seconded by member Barb Kalligher and upon vote being taken thereon, the following voted in favor thereof: Todd Paulson, Celia Scott, Dave Rosene, Barb Kalligher, and Kristen Mann; and the following voted against the same: none, whereupon said resolution was declared duly passed and adopted.