EDA Resolution 06-EDA-223 - Laserfiche WebLink

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RESOLUTION NO. 06-EDA-223 MOUNDS VIEW ECONOMIC DEVELOPMENT AUTHORITY COUNTY OF RAMSEY STATE OF MINNESOTA RESOLUTION APPROVING AND AUTHORIZING THE EXPENDITURE OF TAX INCREMENT FUNDS FOR PLANNING AND MARKET RESEARCH ANALYSIS ASSOCIATED WITH THE PROPERTY AT 2390 COUNTY ROAD 10 AND SURROUNDING AREA It is hereby resolved by the Board of Commissioners (the Board) of the Mounds View Economic Development Authority (the Authority) as follows: Section 1. Recitals. 1.01 The Authority has the powers provided in Minnesota Statutes, Sections 469.124 to 469.134 and 469.090 to 469.108 (collectively, the Act). 1.02 Pursuant to and in furtherance of the objectives of the Act, the Authority has undertaken a program to promote development and redevelopment of certain land within the City of Mounds View and in this connection is engaged in carrying out the Mounds View Economic Development Project (the Project) within the City. 1.03 There has been approved pursuant to the Act a Project Plan for the Project. 1.04 The redevelopment of property within the Project is a stated objective of the Project Plan. 1.05 It has been proposed that the Authority conduct a land planning and market research analysis of the subject property located in the City at 2390 County Road 10 (the Property) and other property in this area consistent with the proposal and contract dated August 4, 29006 submitted by the firm DSU / Bonestroo. Section 2. Resolved. 2.01 The Board hereby determines that the Authority's execution of the contract and the subsequent planning activity of the Property would be in furtherance of the Project Plan and hereby approves and authorizes said actions, including the execution of the contract by the officers of the Authority in their discretion and at such time, if any, as they may deem appropriate. 2.02 Upon execution of the contract, the officers and employees of the Authority (including members of the City Staff, acting in their capacity as staff to the Authority as well) are hereby authorized and directed to take or cause to be taken such actions as may be appropriate or necessary on behalf of the Authority to implement the contract, including the provision of background information and any data useful in the completion of the proposed study, which is being accomplished for blight elimination and proactive redevelopment purposes.