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Res 02-07HHOUSING AND REDEVELOPMENT AUTHORITY IN AND FOR THE CITY OF MOUND, MINNESOTA RESOLUTION NO. 02-07H RESOLUTION APPROVING REDEVELOPMENT PROJECT AREA AND PLAN BE IT RESOLVED by the Board of Commissioners (the "Board") of the Housing and Redevelopment Authority in and for the City of Mound, Minnesota (the "Authority"), as follows: Section 1. Recitals. 1.01 It has been proposed that the Authority establish a Redevelopment Project Area as described herein (the "Redevelopment Project Area"), in connection with construction of a new Public Safety Facility and adopt the Redevelopment Plan for the Redevelopment Project Area (the "Plan"); all pursuant to and in conformity with applicable law, including Minnesota Statutes, Sections 469.001 through 469.047; all as reflected in that certain document entitled in part "Redevelopment Plan for Public Safety Facility Project" dated June 25, 2002, and presented for the Board's consideration. 1.02 The Board has investigated the facts relating to the Plan and has caused the Plan to be prepared. !.03 The Authority has performed all actions required by law to be performed prior to the adoption and approval of the Plan. The Authority has also requested that the Mound City Council hold a public hearing on the Plan and that the Mound Planning Commission provide written comment on the Plan. Section 2. Findings for the Adoption and Approval of the Plan. 2.01 The Board hereby finds that Plan conforms to the general plan for the redevelopment of the City as a whole; and that the Plan will afford maximum opportunity consistent with the sound needs of the City as a whole, for the redevelopment of the Redevelopment Project Area and adjacent areas by private enterprise. 2.02 The Board further finds that the Plan is intended and, in the judgment of the Board, its effect will be, to promote the public purposes and accomplish the objectives specified in the Redevelopment Plan for the Redevelopment Project Area. Section 3. Approval and Adoption of the Plan. The Plan, as presented to the Authority on this date, is hereby approved, established, and adopted. 1405830vl Resolution No. 02-07H The foregoing resolution was moved by Commissioner Osmek and seconded by Commissioner Hanus. The following voted in the affirmative: Brown, Hanus, Meisel, Osmek and Meyer. The following voted in the negative: None. Adopted by the Board on this 25th day of June, 2002. Chairperson Pat Meisel Attest: Executive Director, Kandis Hanson 1405830vl 2