11-08-1989 Council Agenda - Laserfiche WebLink

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4. Optional Use by Existing Port Authorities. Any city that has established a port authority by special law or that has been granted the power to establish a port authority by special law may elect to use any of the powers granted in the Act, however, the provisions of the Act must be used exclusively and, upon an election to use the power set forth in the Act, any powers granted in the special law may no longer be used. 5. Cross - Fertilization Powers. As noted previously, the Authority may exercise Indus- trial Development powers (contained in SS 469.152 to 469.165) for HRA or EDA purposes, and it may also use HRA or EDA powers for Industrial Development purposes. The Authority may also exercise the powers of a City contained in SS 469.124 to 469.134 (City Development Districts). This "cross- fertiliza- tion" gives Authorities great latitude in using the various powers contained in the statutes for various purposes within the statutes. A. Purposes 1. HRA Purposes The purposes of HRAs are to provide adequate housing and to clear and redevelop blighted areas. Minn. Stat. S 469.001 et seq. A "blighted area" means an area with buildings or improvements which are detrimental to the safety, health, morals or welfare of the community. Minn. Stat. $ 469.002, subd. 11. 2. EDA Purposes The purposes of EDAs are not made altogether clear by the statutes. Although the statutes make frequent references to EDA purposes, the statutes do not specify those purposes; in fact, the Legislature entangled, almost inextricably, the concept of purposes with the concept of powers. However, it does appear that one purpose of an EDA is to make land suitable and available for economic development uses and purposes and to encourage the location or expansion of economic development facilities. 14 Page 16