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HomeMy WebLinkAboutCCRes_01-14C7 No. 01-14 CITY OF FALCON HEIGHTS COUNCIL RESOLUTION A RESOLUTION ESTABLISHING A POLICY FOR CONSIDERING BUSINESS SUBSIDIES IN COMPLIANCE WITH MINNESOTA STATUTES X116.994 (2000) WHEREAS, the City of Falcon Heights, a public body corporate and politic under the laws of the State of Minnesota, has been granted certain powers by the state legislature to assist business development in the City by providing business subsidies; and WHEREAS, under state law, a business subsidy may not be granted until the City has adopted criteria that comply with the requirements of state law, specifically Minnesota Statutes § 116.994; and • WHEREAS, it is the purpose of this Resolution to establish a Business Subsidy Policy with criteria for evaluating possible business subsidies in compliance with the requirements of state law; and WHEREAS, this policy will apply only to subsidies as defined or limited by state law, although the City reserves the right to employ this policy to evaluate projects not specifically covered by the state law; and WHEREAS, in all respects, terms used in this Policy are intended to have the same meanings as used in the state law. NOW THEREFORE, BE IT RESOLVED that the City of Falcon Heights shall consider requests or other opportunities for development assistance using the following criteria: 1. Whether the project is consistent with the City's comprehensive plan or otherwise is compatible with, or complementary to, the City's development plans and objectives. 2. Whether the project will remove, prevent or reduce blight, utilize underdeveloped properties, or otherwise protect or enhance property values and the tax base. • 3. Whether the use of a subsidy is necessary for the project or will result in enhancements or improvements to proposed projects. 86843.01 1 JJJ:OS/30/00 • 4. Whether the project will use public infrastructure contemplated for the project or will facilitate the construction of public infrastructure identified as necessary or beneficial for other properties as determined by the City Council. 5. Whether the project will prevent specific and demonstrable loss of jobs. 6. Whether the project will create new jobs, whether the jobs to be created pay wages at a level beneficial to the community (jobs created must be generally in excess of minimum wage,) whether there are broader public benefits related to the proposed business such as, but not limited to, the hiring of a diversified work force, the provision of particular employee or family benefits, or the hiring of city residents. 7. Whether the project will provide necessary or essential housing or other community benefits, enhance economic or social diversity, stabilize the community, affect existing businesses or properties, or otherwise have demonstrable public benefits. 8. Whether the project will allow quality construction and promote the highest and best use of the land. • • 9. Whether the Project will not significantly and adversely increase existing service needs in the City. BE IT FURTHER RESOLVED that upon the City Council making a specific finding of a public purpose, these criteria may be deviated from as authorized and conditioned by state law including determining that for a particular project the wage and job goals should be set at zero or otherwise waived or conditioned. ADOPTED this 27th day of June, 2001, by the City Council of the City of Falcon Heights, Minnesota. -------------------------------------------------------------- Moved by: Lamb Approved by~~~,,~ .. u~J~~ Mayor June 27, 2001 Gehrz 4 In Favor Date Lamb Lindstrom Kuettel (absent) 0 Against Talbot 86843.01 JJJ:OS/30/00 Attested by: City Clerk June 27, 2001 Date 2