5.14. SR 06-17-1996ITEM 5.14.
City of
iver
FROM:
DATE:
SUBJECT:
MEMORANDUM
Mayor & City Council
Lori Johnson, Asst. City Administrator
June 17, 1996
King and Main Public Hearing
The HRA is in the process of acquiring three parcels at the intersection of
King and Main for a redevelopment project which will ultimately include the
approval of a Tax Increment Financing District. State statutes require that
the City Council hold a public hearing on the early acquisition of this
property.
Action Requested
At the meeting the City Council should open the public hearing for public
comment. Action should be taken on the attached resolution authorizing the
HRA to proceed with the acquisition of the redevelopment site.
council:kingmain
13065 Orono Parkway · P.O. Box 490 · Elk River, MN 55330 ° (612) 441-7420 · Fax: (612) 441-7425
CITY OF ELK RIVER
CITY COUNCIL
RESOLUTION NO. 96-
A RESOLUTION AUTHORIZING EARLY ACQUISITION
OF INDIVIDUAL TRACTS PRIOR TO TI-IE APPROVAL
OF A REDEVELOPMENT PLAN AND PROJECT
The City Council of the City of Elk River (the "City"), acting pursuant to its authority in
Minn. Stat. § a69.028, hereby f'mds, determines and resolves as follows:
WHEREAS,
the City of Elk River Housing and Redevelopment Authority (HRA) has the
opportunity to acquire individual tracts of real property located in the vicimty
of King and Main Street: and
WHEREAS, the HRA and the City Council has yet to prepare and approve a redevelopment
plan and project as provided in Minn. Stat. § 469.028, Subd. 2; and
WHEREAS, the HRA has determined the location of a proposed redevelopment project to
be implemented in the vicinity of King and Main Street; and
WHEREAS,
Mina. Stat. 469.028, Sub& 5 authorizes the early acquisition of individual
tracts of real property prior to the approval of a redevelopment plan and
projects; and
WHEREAS, the subject matter of this resolution has been noticed for public hearing as
required by Minn. Stat. § 469.028, Subd. 5; and
WHEREAS,
the City Council of the City of Elk River deems it advisable to approve the
early acquisition of individual tracts of real property in the vicinity of King
and Main Street;
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Elk River, as
follows:
Acquisition of individual tracts of real property within the vicinity of
King and Main Street by the Elk River Housing and Redevelopment
Authority will contribute 'to the elimination of blight or deterioration
within that area of the City;
There is a feasible method for relocation of individuals, if any, to be
displaced by the proposed acquisition; and
The acquisition of individual tracts of real property in the vicinity of
King and Main Street depicted on Attachment A is hereby authorized
and approved by the City of Elk River prior to the approval of a
redevelopment plan and project.
The City Council finds and hereby determines that the acquisition and
disposal of the said property has no relationship to the City's
comprehemive plan.
This r~solution is adopted this 17th day of June, 1996.
ATTEST:
Henry A. Duitsman, Mayor
Sandra A. Thackeray, City Clerk
Des 120~C~ 2
ATTACHMENT A
Depiction of Individual Tracts
to be Acquired
Lots 3, 4, and 5, Block 1, Village of Elk River
DCS 120705