HomeMy WebLinkAboutResolution 97-EDA66
RESOLUTION NO. 97-EDA66
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CITY OF MOUNDS VIEW
COUNTY OF RAMSEY
STATE OF MINNESOTA
RESOLUTION APPROVING AMENDMENTS TO THE HOUSING REPLACEMENT PROGRAM
It is hereby resolved by the Board of Commissioners (the "Board") of the Mounds View Economic
Development Authority (the "Authority") as follows:
1. Recitals.
(a) Pursuant to Minnesota Statues, Sections 469.124 to 469.134 and 469.090 to 469.108
(collectively, the "Act"), the Authority (i) has undertaken a program to promote development and
redevelopment of certain land within the City of Mounds View and is engaged in carrying out the
Mounds View Economic Development Project (the "Project) within the City; (ii) has approved a Project
Plan for the Project; and (iii) has approved and adopted a Housing Replacement Program under and as
an aspect of the Project Plan.
(b) The redevelopment of property within the Project is a stated objective of the Project Plan
and the Housing Replacement Program.
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(c) The Housing Replacement Program's objectives include replacing lower-value housing
on scattered sites throughout the City with larger, new and higher-value housing designed for families,
the elimination of blighting influences and the increase of available quality housing for families within
the City.
(d) Including an option to provide funds for demolition and adding and replacing language
for a more consistent and clear document is being presented as amendments to the Housing Replacement
Program.
2. The Board hereby determines that including an option to provide funds for demolition to the
Housing Replacement Program are consistent with and would be in furtherance of the Project Plan and hereby
approves amendments as presented in exhibit 1.
3. The Board hereby determines that the implementation of these amendments will help realize the
public purposes of the Act and would be in furtherance ofthe Project Plan.
Adopted by the Board of Commissioners of the Mounds View Economic Development Authority on
May 12, 1997.
BY: