HomeMy WebLinkAbout19-EDA-324EDA RESOLUTION 19 -EDA -324
MOUNDS VIEW ECONOMIC DEVELOPMENT AUTHORITY
RAMSEY COUNTY
STATE OF MINNESOTA
RESOLUTION OF THE MOUNDS VIEW ECONOMIC
DEVELOPMENT AUTHORITY FINDING PARCELS ARE
OCCUPIED BY STRUCTURALLY SUBSTANDARD BUILDINGS
OR STRUCTURES AND MEET THE REQUIREMENTS OF A
REDEVELOPMENT TIF DISTRICT UNDER MINNESOTA
STATUTES, SECTION 469.174, SUBD. 10
WHEREAS, it has been proposed that the Economic Development Authority for the City of
Mounds View, Minnesota, (the "EDA"), create a tax increment financing district in an area within the city
of Mounds View (the "City") to be designated a redevelopment district as defined in Minnesota Statutes,
Section 469.174, Subd. 10 (the "TIF District"); and
WHEREAS, in order to create this type of TIF District, the EDA must make a determination that
before the demolition or removal of any substandard buildings, certain conditions exist; and
WHEREAS, the conditions found by the EDA to exist throughout the proposed TIF District are
that parcels consisting of 70 percent of the area of the district are occupied by buildings, streets, utilities,
paved or gravel parking lots, or other similar structures and more than 50 percent of the buildings, not
including outbuildings, are structurally substandard to a degree requiring substantial renovation or
clearance; and
WHEREAS, in order to deem a parcel as being occupied by a structurally substandard building,
the EDA must first pass a resolution before the demolition or removal that the parcel was occupied by one
or more structurally substandard buildings and that after demolition and clearance the EDA intended to
include the parcel within the proposed tax increment financing district; and
WHEREAS, there exists in the City on the parcels located at 4889 Old Highway 8, Mounds View,
MN, PID #'s 17.30.23.14.0001, 17.30.23.14.0002, 17.30.23.14.0003 (collectively, the "Parcel") four
structurally substandard buildings to be demolished or removed (the "Substandard Building Condition");
and
WHEREAS, a parcel is deemed to be occupied by a structurally substandard building if the parcel
was occupied by a substandard building or met the criteria of Minnesota Statutes, section 469.174,
Subd. 10(e) within three years of the filing of the request for certification of the parcel as part of the district
with the county auditor, in addition to other requirements as are required by law.
NOW, THEREFORE, BE IT RESOLVED by the Board of Commissioners for the Mounds View
Economic Development Authority that:
1. The Board has received from LHB, Inc. the "Report of Inspection Procedures and Results
for Determining Qualifications of a Tax Increment Financing District as a Redevelopment District — TIF 7
(Skyline Motel)", dated June , 2019 (the "Inspection Report"), finding that, based on an inspection of
the building located on the Parcel, such buildings were determined to be substandard under the definition
set forth in the Minnesota Statutes, Sections 469.174 to 469.1794, as amended (the "TIF Act"). Based on
the Inspection Report and other information available to the EDA, the EDA finds that the buildings on the
58744Ov2NIU205-49
Parcel are structurally substandard to a degree requiring substantial renovation (i.e. 100% of the buildings
in the proposed TIF District) or clearance and at least 15% of the area of the Parcels identified on Exhibit
A attached hereto contains improvements including four structurally substandard buildings and therefore
more than 70% of the area of the proposed TIF District is occupied by buildings, streets, utilities, paved or
gravel parking lots, or other similar structures as required by the TIF Act.
2. After the date of approval of this resolution, the buildings on the Parcels may be demolished
or removed by the EDA or the City, or such demolition or removal may be financed by the EDA, or may
be undertaken by a developer under a development agreement with the EDA.
3. The EDA intends to include the Parcel in a redevelopment TIF District, and to file the
request for certification of such district with the Ramsey County auditor within 3 years after the date of
demolition of the building on the Parcels.
4. Upon filing the request for certification of a new tax increment financing district, the EDA
will notify the Ramsey County auditor that the original tax capacity of the Parcel must be adjusted to reflect
the greater of (a) the current net tax capacity of the parcel, or (b) the estimated market value of the Parcel
for the year in which the building was demolished or removed, but applying class rates for the current year,
all in accordance with Minnesota Statutes, Section 469.174, Subd. 10(d).
5. EDA staff and consultants are authorized to take any actions necessary to carry out the
intent of this resolution.
Adopted by the Board of Commissioners of the Mounds View Economic Development Authority this 24
day of June, 2019.
Carol A. Mueller
President
ATTEST:
Nyl/'ikfnil
'
_d, Executive Director
(Seal)
58744MMU205-49
N
RAF'BEY COUNTY PARKS ANO PEC \ _
- 5013000NTYROAUtO
4w' NWNSEOG..NlCc
� fio0r:dtn HlcX'rvA'/3
t
, 5 ,
i
t
a c
T a
� a
LT UAu€R W£LORcr tttLFn Ri "Aia,
¢ ¢ Z13YUSTn'IG
_
r
� n• 1 li. .Al'a
r •• � LL f nEe�
li AlG�IjE I:'r
ZI':11 .af(�JR.
t
_�;u• i iFLNtNGT:(
SAWM0t0FFRANG41NELIC I
'I10UHU6'IFNGOK