HomeMy WebLinkAboutIV.A.2 - HEDRA Resolution No. 2025-10 - Authorizing Application for the Tax Base Revitalization AccountCITY OF HASTINGS
DAKOTA COUNTY, MINNESOTA
HEDRA RESOLUTION NO. 2025-10
A RESOLUTION OF THE HASTINGS ECONOMIC DEVELOPMENT AND REDEVELOPMENT AUTHORITY (HEDRA) AUTHORIZING APPLICATION FOR THE TAX BASE REVITALIZATION ACCOUNT
WHEREAS, the Hastings Economic Development and Redevelopment Authority in and for the City of Hastings (“HEDRA”) was created by the City Council of the City of Hastings pursuant to
Minnesota Statues, Sections 469.090 to 469.1082 with all powers of a housing and redevelopment authority as set forth in the Municipal Housing and Redevelopment Act, Minnesota Statutes,
Sections 469.0111 to 469.047; and
WHEREAS, the City of Hastings is a participant in the Livable Communities Act's Local Housing Incentives Program for 2025 as determined by the Metropolitan Council, and is therefore
eligible to make application apply for funds under the Tax Base Revitalization Account; and
WHEREAS, the City has identified a contamination cleanup project within the City that meet the Tax Base Revitalization Account’s purposes and criteria and are consistent with and promote
the purposes of the Metropolitan Livable Communities Act and the policies of the Metropolitan Council’s adopted metropolitan development guide; and
WHEREAS, the City has the institutional, managerial, and financial capability to ensure adequate project and grant administration; and
WHEREAS, the City certifies that it will comply with all applicable laws and regulations as stated in the contract grant agreements; and
WHEREAS, the City finds that the required contamination cleanup will not occur through private or other public investment within the reasonably foreseeable future without Tax Base Revitalization
Account grant funding; and
WHEREAS, the City represents that it has undertaken reasonable and good faith efforts to procure funding for the activities for which Livable Communities Act Tax Base Revitalization
Account funding is sought but was not able to find or secure from other sources funding that is necessary for cleanup completion and states that this representation is based on the
following reasons and supporting facts:
NOW THEREFORE BE IT RESOLVED, that HEDRA authorizes City Staff to submit an application for Metropolitan Council Tax Base Revitalization Account grant funds and, if the City is awarded
a Tax Base Revitalization Account grant for this project, the City will be the grantee and agrees to act as legal sponsor to administer and be responsible for grant funds expended for
the project contained in the Tax Base Revitalization grant application submitted on November 1, 2025
ADOPTED BY THE HASTINGS ECONOMIC DEVELOPMENT AND REDEVELOPMENT AUTHORITY THIS 9TH DAY OF OCTOBER 2025.
Benjamin Anderson, President
Alexander Menke, Secretary