Agenda Packets - 1995/12/04 - Laserfiche WebLink

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LAW OFFICES BRIGGS AND MORGAN PROFESSIONAL ASSOCIATION 2200 FIRST NATIONAL BANE BUILDING SAINT PAUL,MINNESOTA 55101 TELEPHONE (612) 223-6600 FACSIMILE (612) 223-6450 MINNEAPOLIS OFFICE October 10, 1995 2400OL IDS CENTER WRITER'S DIRECT DIAL NUMBER MINNEAPOLIS,MINNESOTA 55402 TELEPHONE(612)334-8400. FACSIMILE (612)334-8850 (612) 223-6420 Catherine Bennett Economic Development Coordinator City of Mounds View Mounds View City Hall 2401 Highway 10 Mounds View, Minnesota 55112-1499 Re: "Early Removal" of Substandard Buildings at 2625 Highway 10 NE Dear Cathy: I sent you a resolution on this with my letter of October 4. Following our meeting yesterday at City Hall, I have prepared and now enclose a second resolution which would provide certain findings and a basis respecting the "early removal" of the dilapidated buildings at this property, all in anticipation of subsequently (within three years) including the parcel and presumably a number of the surrounding parcels in a "redevelopment" tax increment financing district. For your information I am including copies of portions of the Tax Increment Act which pertain to the"structurally substandard" definition for these purposes and also provide the basis for taking this property down prior to actually approving or certifying such a tax increment district. I would suggest that you review the resolution to make sure that it makes sense to you in its detail. While we do give a general preliminary approval to the concept of a multi- parcel redevelopment TIF district at this time, the resolution itself pertains only to the early removal of the substandard buildings at 2625 Highway 10 NE. Please call me with any questions you may have. 'Yo rs very tru y, , G f ames P. O'Meara JO:lbh Enclosure