04-10-2013 Council Agenda - Laserfiche WebLink

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Subsection 1-11. Rehabilitation Owners of properties within the Development District may be encouraged to rehabilitate their properties to conform with the applicable state and local codes and ordinances, as well as any design standards. Persons who purchase property within the Development District from the City may be required to rehabilitate their properties as a condition of sale of land. The City may provide such rehabilitation assistance as may be available from federal, state or local sources. Subsection 1 -12. Relocation Any person or business that is displaced as a result of the Development Program will be relocated in accordance with Minnesota Statutes, Section 117.50 to 117.56. The City accepts its responsibility for providing for relocation assistance pursuant to the Municipal Development District Act. Subsection 1 -13. Property Acquisition The City may acquire property, or appropriate interest therein, within the Development District as the City may deem necessary or desirable to assist in the implementation of the Development Program. Subsection 1 -14. Modification of the Development Program and/or Development District No. 6 The City reserves the right to alter and amend the Development Program and the Tax Increment Financing Plans, subject to the provisions of state law regulating such action. The City specifically reserves the right to enlarge or reduce the site of the Development District and the Tax Increment Financing District, the Development Program, the Public Costs and the amount of Tax Increment Bonds to be issued to finance such cost by following the procedures specified in Minnesota Statutes, Section 469.175, subdivision 4. Subsection 1 -15. Description of Boundaries of Development District No. 6 A boundary map of the Development District is shown on the attached Appendix A. City of Little Canada Development Program for Development District No. 6 1 -5