HomeMy WebLinkAbout20081006 - VIII-B-1VIII-B-1
CITY OF HASTINGS
COUNTY OF DAKOTA
STATE OF MINNESOTA
October 6, 2008
Council member
introduced the following resolution and moved its adoption:
RESOLUTION NO.
RESOLUTION ADOPTING THE REDEVELOPMENT PLAN FOR THE
VERMILLION STREET REDEVELOPMENT PROJECT AREA.
BE IT RESOLVED by the City Council of the City of Hastings, Minnesota, as follows:
Section 1. Recitals.
1.01. The City Council (the "Council") of the City of Hastings (the "City") has proposed that
the City adopt a Redevelopment Plan for The Vermillion Street Redevelopment Project Area, referred to
herein as the "Redevelopment Plan", all pursuant to and in conformity with applicable law, including
Minnesota Statutes, Sections 469.001 to 469.047, inclusive as amended (the "Act"}, all as reflected in the
Redevelopment Plan, and presented for the Council's consideration.
1.02. The Council has investigated the facts related to the Redevelopment Plan
1.03. The City has performed all actions required by law to be performed prior to the adoption
and approval of the proposed Redevelopment Plan, including, but not limited to, review of and written
comment on the Redevelopment Plan by the City Planning Commission, and the holding of a public
hearing upon published notice as required by law.
1.04. The boundaries of the Vermillion Street Redevelopment Area will include the parcels
listed in Attachment A.
Section 2. Findings for the Redevelopment Plan
2.01. The Redevelopment Pian conforms to the goals outlined in the Vermillion Street
Corridor Development Guidelines adopted by the City in January, 2008.
2.02. The Redevelopment Plan conforms to the general plan for development or
redevelopment of the City as a whole. The reason for supporting this finding is that the Redevelopment
Plan will generally complement and serve to implement policies adopted in the City's comprehensive
plan.
2.03. The Redevelopment Plan will afford maximum opportunity, consistent with the
sound needs of the City as a whole, for the development or redevelopment of the Vermillion Street
Redevelopment Area by private enterprise. The adoption of the Redevelopment Plan will enable the use
of public financing in the form of tax increment and grants and loans under other governmental programs.
2.04. The land in the Vermillion Street Redevelopment Area would not be made available
for redevelopment without the financial aid to be sought. The Land in the Project Area consists of areas of
privately owned property, much of which is currently developed. The cost to private individuals to
acquire such property and to prepare it for development in accordance with the goals of the
Redevelopment Plan will likely exceed a cast that makes such redevelopment feasible without pubic
financial assistance and participation, evidenced, in part by the fact that such land has not undergone such
redevelopment for many years.
Section 3. Approval and Adoktion of the Redevelopment Plan; Filing.
3.01. The Redevelopment Plan is hereby approved, and shall be placed on file at office of the
City Clerk. Approval of the Redevelopment Plan does not constitute approval of any project or a
development agreement with any developer.
3.02. The staff of the City is authorized to file the Redevelopment Plan with the Commissioner
of Revenue and the Dakota County Auditor.
3.03. The staff of the City, the City's advisors and legal counsel are authorized and directed to
proceed with the implementation of the Redevelopment Plan and for this purpose to negotiate, draft,
prepare and present to this Council for its consideration all further modifications, resolutions, documents
and contracts necessary for this purpose.
The motion for the adoption of the foregoing resolution was duly seconded by Council member
,and upon a vote being taken thereon, the following voted in favor thereof:
the following voted against the same:
and the following were absent:
ATTEST:
Paul J. Hicks, Mayor
Melanie Mesko Lee, City Clerk
(Seal)
ATTACHMENT A
LIST OF PARCELS TO BE INCLUDED IN
THE VERMILLION STREET REDEVELOPMENT AREA
193215004080 197730008005 194470017007 192775001202 198170012101
193215001080 197730021204 195845001001 192775003002 191630002001
193215006079 197730009005 190370D01105 190380001020 198170001004
193215008080 197730010205 194470019007 190380001021 198170012201
193215004088 197730019104 194470020007 190370001008 198170003004
193215006088 197730010105 194470021007 190370001009 198170019004
193215006188 197730011005 190370008105 190370001510 198170018004
193215003089 197730012005 194470022007 190370001510 198170014001
193215004089 197730013005 19447003007 190340001050 198170017104
193215006089 197730016004 190370008205 198110001101 198170004004
193215005089 197730014005 194470024007 197755001004 198170005004
193215006198 197730010007 194470002018 197755001104 190340001055
191320003006 197730005106 194470002218 197755001005 191955101001
191320014006 197730009007 194470002318 197755003005 191955102001
191320005106 197730008007 194470003018 198170002101 198170025105
191320007006 197730005107 194470004018 198170001001 191955103001
191320010006 197730005007 194470007118 198170003002 198170023001
191320006206 197730007107 194470008018 1981700053D2 198170004005
191320009106 197730007007 194470010018 197755006004 198170005005
193215006079 194470002306 194470011018 198170004001 198170002006
191320007006 994470002406 194470012018 198170002001 198170030006
191320009106 194470016106 194470015018 197755005004 198170010106
197730002004 194470003107 184470016018 198170002103 197730004005
197730028004 194470012206 194470001018 1981700060D1 197730026004
197730003005 194470005207 190370001407 198170013003 197730003004
197730027004 194470008207 190380t?0$101 198170003003 193215002189
197730026104 194470010207 190380013101 191630001001 193215002089
197730025204 194470013007 190380001007 198170008101 193215007089
197730025004 190380001007 198815001002 198170005003
197730006005 19$815004001 198815004002 191630004001
197730022004 194470015107 192775001101 198170009001
197730007005 194470016007 192775001001 191630003001