HomeMy WebLinkAbout1985-008 HRARMember Bill Hawes introduced the following resolution and
moved its adoption:
HRA RESOLUTION NO. 85-08
RESOLUTION APPROVING A REDEVELOPMENT PLAN AND TAX INCREMENT FINANCING PLAN
FOR THE EARLE BROWN FARM REDEVELOPMENT PROJECT: REQUESTING THE BROOKLYN
CENTER CITY COUNCIL TO CONDUCT PUBLIC HEARINGS THEREON: AND RECOMMENDING
APPROVAL OF THE PLANS
BE IT RESOLVED by the Housing and Redevelopment Authority of the City of
Brooklyn Center (Authority) as follows:
Section 1. Background.
1.01. The Authority on its own initiative has prepared a redevelopment
plan and program (Redevelopment Plan) for the area in the City of Brooklyn Center
generally known as the Earle Brown Farm Area (Study Area) in accordance with
Minnesota Statutes Sections 462.411 to 462.716 (Redevelopment Act) and has prepared
a tax increment financing plan (TIF Plan) in accordance with Minnesota Statutes,
Sections 273.71 to 273.78 (TIF Act).
1.02. The Redevelopment Plan and TIF Plan are contained in a document
entitled "Earle Brown Farm Redevelopment Plan and Tax Increment District Plan"
dated July 22 , 1985, now on file with the Authority.
1.03• The Redevelopment Plan and TIF Plan have been, in accordance with
the Acts, referred to the City of Brooklyn Center Planning Commision which by action
taken on June 27, 1985, has commented on the Redevelopment Plan and TIF Plan and
found them to conform to and not be in conflict with the general plan for the
development of the City as a whole.
Section 2. Referrals.
2.01. The Authority finds and determines that the objectives of the
Redevelopment Act and TIF Act and the City's and Authority's objectives for the
redevelopment of the Study Area will be accomplished by the adoption and
implementation of the Redevelopment Plan and the TIF Plan.
2.02. The Redevelopment Plan and the TIF Plan are approved and adopted by
the Authority.
2.03• The Executive Director is authorized and directed to transmit
copies of the Plans to the governing body of Independent School District No. 286
and the Board of Commissioners of Hennepin County for their review and comment as
provided by the TIF Act.
Section 3. Establishment of TIF District.
3.01. The Authority respectfully requests the City Council to conduct the
public hearings required by Section 462.521 of the Redevelopment Act and Section
273.74 of the TIF Act as soon as convenient, and further recommends to the City
Council that it approve the Redevelopment Plan and TIF Plan.
RESOLUTION NO. 85-08
3.02. The Executive Director is authorized and directed to transmit a
certified copy of the resolution and the Plans to the City Council.
Section 4. Further Action: Financing.
4.01. The Authority intends to request the City Council from time to time
to assist in the financing of the public redevelopment costs identified in the TIF
Plan by the issuance of general obligation bonds of the City payable from tax
increments from the TIF District and special assessments against benefited
properties therein.
4.02. The Authority also intends to request the City Council from time to
time to consider various other actions necessary to the implementation of the Plans
including but not limited to, rezoning of property, the use of eminent domain
authority, the execution of joint and cooperative agreements, and the use of other
powers which the City is authorized to exercise on behalf of and in conjunction with
the Authority pursuant to the Redevelopment Act and the TIF Act.
4.03• The Authority pledges its cooperation to the City Council in
carrying out the Redevelopment Plan.
July 22, 1985
Date ChGAF
The motion for the adoption of the foregoing resolution was duly seconded by
member Rich Theis , and upon vote being taken thereon, the following
voted in favor thereof: Dean Nyquist, Gene Lhotka, Celia Scott, Bill Hawes,
and Rich Theis;
and the following voted against the same: none,
whereupon said resolution was declared duly passed and adopted.