Agenda Packets - 2023/02/27 - Laserfiche WebLink

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RAMSEY COUNTY HOUSING AND REDEVELOPMENT AUTHORITY CRITICAL CORRIDORS PREDEVELOPMENT PLANNING GRANT AGREEMENT THIS GRANT AGREEMENT entered into this 27th day of February, 2023, by and between the Ramsey County Housing and Redevelopment Authority, a public body corporate and politic (the "Authority"), and the City of Mounds View, a Minnesota municipal corporation (the "Grantee"). RECITALS A. The Authority was created pursuant to Minnesota Statute Section 469.001 to 469.017, as amended, and was authorized to transact business and exercise its powers by a resolution of the Ramsey County, Minnesota, Board of Commissioners (the "County"). B. Pursuant to Minnesota Statutes §§ 469.003, subd. 6, the Authority levied a special benefit tax throughout its area of operation and, in order to fulfill the purposes for the levy of some of those levy funds, the Authority established the Critical Corridors — Pre -Development Planning Program (the "Program") to improve the tax base and quality of life in Ramsey County by creating a concept plan and redevelopment feasibility analysis to redevelop two sites in the center of the City of Mounds View in order to encourage construction of affordable housing and prevent and eliminate blight. C. The activities to be undertaken under the Program are all activities that the Authority could undertake directly pursuant to Minnesota Statutes, §§469.001 to 469.047. D. Grantee seeks to create a concept plan for the redevelopment of the Mounds View Square shopping center at 2573 Mounds View Boulevard and Sunrise United Methodist Church site at 7687 Long Lake Road in the City of Mounds View into a mixed -use development with retail and residential uses (the "Project") which will result in the removal of a blight and the construction of new housing. E. Grantee has submitted an application (the "Application") to fund certain activities in the Project Area as described in Exhibit A (the "Project Area") related to the Project as described in Exhibit B (the "Project Activities"), in order to engage in certain activities as permitted by the Program including but not limited to the creation of a redevelopment concept plan (the "Eligible Activities"). F. The Project Activities will occur in the City of Mounds View, in Ramsey County, Minnesota. G. The Authority has determined that this redevelopment concept plan for Mounds View Square will facilitate the redevelopment of blighted properties, intensifying land use and encouraging the development of new multifamily housing along a critical corridor.