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587440v2MU205-49 <br /> <br />EDA RESOLUTION 19-EDA-324 <br /> <br />MOUNDS VIEW ECONOMIC DEVELOPMENT AUTHORITY <br />RAMSEY COUNTY <br />STATE OF MINNESOTA <br /> <br /> RESOLUTION OF THE MOUNDS VIEW ECONOMIC <br />DEVELOPMENT AUTHORITY FINDING PARCELS ARE <br />OCCUPIED BY STRUCTURALLY SUBSTANDARD BUILDINGS <br />OR STRUCTURES AND MEET THE REQUIREMENTS OF A <br />REDEVELOPMENT TIF DISTRICT UNDER MINNESOTA <br />STATUTES, SECTION 469.174, SUBD. 10 <br /> <br /> WHEREAS, it has been proposed that the Economic Development Authority for the City of <br />Mounds View, Minnesota, (the “EDA”), create a tax increment financing district in an area within the city <br />of Mounds View (the “City”) to be designated a redevelopment district as defined in Minnesota Statutes, <br />Section 469.174, Subd. 10 (the “TIF District”); and <br /> <br /> WHEREAS, in order to create this type of TIF District, the EDA must make a determination that <br />before the demolition or removal of any substandard buildings, certain conditions exist; and <br /> <br /> WHEREAS, the conditions found by the EDA to exist throughout the proposed TIF District are <br />that parcels consisting of 70 percent of the area of the district are occupied by buildings, streets, utilities, <br />paved or gravel parking lots, or other similar structures and more than 50 percent of the buildings, not <br />including outbuildings, are structurally substandard to a degree requiring substantial renovation or <br />clearance; and <br /> <br /> WHEREAS, in order to deem a parcel as being occupied by a structurally substandard building, <br />the EDA must first pass a resolution before the demolition or removal that the parcel was occupied by one <br />or more structurally substandard buildings and that after demolition and clearance the EDA intended to <br />include the parcel within the proposed tax increment financing district; and <br /> <br /> WHEREAS, there exists in the City on the parcels located at 4889 Old Highway 8, Mounds View, <br />MN, PID #’s 17.30.23.14.0001, 17.30.23.14.0002, 17.30.23.14.0003 (collectively, the “Parcel”) four <br />structurally substandard buildings to be demolished or removed (the “Substandard Building Condition”); <br />and <br /> <br /> WHEREAS, a parcel is deemed to be occupied by a structurally substandard building if the parcel <br />was occupied by a substandard building or met the criteria of Minnesota Statutes, section 469.174, <br />Subd. 10(e) within three years of the filing of the request for certification of the parcel as part of the district <br />with the county auditor, in addition to other requirements as are required by law. <br /> <br /> NOW, THEREFORE, BE IT RESOLVED by the Board of Commissioners for the Mounds View <br />Economic Development Authority that: <br /> <br />1. The Board has received from LHB, Inc. the “Report of Inspection Procedures and Results <br />for Determining Qualifications of a Tax Increment Financing District as a Redevelopment District – TIF 7 <br />(Skyline Motel)”, dated June ___, 2019 (the “Inspection Report”), finding that, based on an inspection of <br />the building located on the Parcel, such buildings were determined to be substandard under the definition <br />set forth in the Minnesota Statutes, Sections 469.174 to 469.1794, as amended (the “TIF Act”). Based on <br />the Inspection Report and other information available to the EDA, the EDA finds that the buildings on the