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85-010 RES . . . " The City Council for the City of Elk River, Minnesota Resolution No. 85-10 A RESOLUTION DESIGNATING DEVELOPMENT DISTRICT NO. 1 AS A MUNICIPAL DEVELOPMENT DISTRICT PURSUANT TO CHAPTER 472A OF MINNESOTA STATUTES, APPROVING THE DEVELOPMENT PROGRAM FOR DEVELOPMENT DISTRICT NO.1, AND DESIGNATING THE CITY ADMINISTRATOR AS THE ADMINISTRATOR OF DEVELOPMENT DISTRICT NO.1. The City Council for the City o~ Elk River (the City), acting pursuant to its authority under Chapter 472A of Minnesota Statutes, hereby finds, determines, and resOlves as follows: FINDINGS 1. That there is a demand within the City for increased commercial development. 2. That extensive commercial development of many areas within the City designated for business and industrial use is not possible absent the installation of certain public facilities including improved water service, additional streets and roads, and others. 3. That the high cost of constructing the required facilities cannot be met, and additional business and industrial development is therefore not possible, without public intervention. 4. That it is therefore necessary, desirable, and in the public interest to designate, establish, develop, and administer a development district (the Development District) in the City of Elk River pursuant to Chapter 472A of Minnesota Statutes. 5. That the purpose of the Development District will be to provide a means for financing certain public improvements and facilities necessary if the City is to attract commercial and industrial development and increase employment opportunities in those areas of the City designated for these uses. 6. That the boundaries of the Development District shall be selected to include those areas of the City which: a.) Are zoned and planned for business and industrial development but require that certain public improvements be installed to make such development possible; and b. ) Will have water service made available by proposed water service improvements, therefore making development possib~e; and . c.) Have existing water service which will be improved by proposed water service improvements. . . . 7. That the proposed Development Program for Development District No.1, prepared by City staff and consultants, adequately and accurately sets forth the goals, objectives and other details regarding the Development District. 8. That the Development Program has been submitted to and reviewed by the Planning Commission for the City of Elk River and that the Planning Commission has been consulted with respect thereto. 9. That the Development Program is consistent with the City's Comprehensive and Land Use Plans. 10. That notice of a public hearing on the designation of the Develop- ment District and adoption of the Development Program has been published in the official newspaper of the City, as required by Minnesota Statutes Section 472A.03. 11. That a public hearing on the designation of the Development District and adoption of the Development Program was held before the City Council on April 1, 1985 and that an opportunity to be heard was granted at that time to all residents of the City and to all other interested persons. 12. That designation of the Development District and adoption of the Development Program is in the public interest because: a.) It will discourage commerce, industry, or manufacturing from moving their operations to another state: and b.) It will result in increased employment in the City: and c.) It will result in preservation and enhancement of the tax base of the City. RESOLVED: A. That the City Council for the City of Elk River hereby designates that portion of the City set forth on the map attached as Exhibit A to the Development Program for Development District No. 1 as Development District No. 1 of the City of Elk River. B. That the objectives of Development District No. 1 shall be those set forth in the Development Program for Development District No. 1. C. That the City Council for the City of Elk River hereby adopts the Development Program for Development District No. 1 in its entirety. D. That the City Administrator is hereby designated the Administrator for Development District No. 1 and, for the purpose of administering the Development District, is hereby granted all powers set forth in Minnesota Statutes Section 472A.IO, subject to such rules and limitations as may be adopted by the City Council. . . . . The following Resolution was introduced by Councilmember Schuldt and duly seconded by Councilmember Gunkel The following voted in favor of the Resolution: Schuldt Gunkel Williams Hinkle The following voted against: 0 The following were absent: Engstrom Whereupon the Resolution was adopted. ADOPTED: April 1, 1985. ~' " ) , / ,: /~' ,'" f/i --('~--< ;~/ 1//,,,. -:! ." . - /, ',<7L..fd~#~_7'/"''-''t'~/;;LtG Richard HinKle, Mayor ATTEST: (/l Orv i 1.