HomeMy WebLinkAbout1994-014 EDAR1
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Commissioner Celia Scott
resolution and moved its adoption:
RESOLUTION APPROVING MODIFICATION OF PROJECT PLAN FOR
HOUSING DEVELOPMENT AND REDEVELOPMENT PROJECT NO. 1
/FORMERLY EARLDROWN FARM REDEVFOPMENT PROJECT)
BE IT RESOLVED by the Board of Commissioners of the
Economic Development Authority "Authority in and for the City
of Brooklyn Center, Minnesota "City as follows:
Section 1. RECITALS.
EDA RESOLUTION NO. 94 14
introduced the following
1.01 The Housing and Redevelopment Authority in and for the
City Brooklyn Center "HRA created Housing Development 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 Statuteq, 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
the City transferred control, authority, and operation
No. 01, the Project, TIF District No. 01 and the Earle
TIF District to the Authority, pursuant to Minnesota
Sections 469.090 through 469.108 (the "EDA Act
Council of
of Project
Brown Farm
Statutes,
1.06 The Authority and City expanded the 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.
1.07 Expansion of the Project constitutes a modification of
the TIF Plans for the Earle Brown TIF District and TIF District
1
EDA Resolution No. 94 -14
No. 01 for the purposes of Section 469.175, Subd. 4 of the TIF
Act.
1.08 The Authority has submitted the modified Project Plan
to the City of Brooklyn Center Planning Commission for comment.
Section 2. PLANS ApPROVEQj FURTHER PROCEEDING.
2.01 The Authority finds that the adoption of the amended
Project Plan will advance the Authority's and City's objectives of
encouraging redevelopment within the Project area as expanded.
2.02
including
expansion
Plan.
The Authority hereby approves the amended Project Plan,
the TIF Plans to the extent such plans are amended by
of the Project area.
2.03 The Authority recommends that the Council approve the
Approved by the Board of Commissioners of the Economic
Development Authority of the City of Brooklyn Center, Minnesota
this 25th day of April, 1994.
April 25, 1994
Date
Todd Paulson, President
The motion for the adoption of the foregoing resolution was duly
seconded by Commissioner 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.