RES 85-015 RESOLUTION APPROVING THE REDEVELOPMENT PLAN OF THE ST. ANTHONY HOUSING AND REDEVELOPMENT AUTHORITY OF ST. ANTHONY, MINNESOTA, ENTITLED "OLD HIGHWAY EIGHT REDEVELOPMENT PLAN AND TAX INCREMENT PLAN", DATED JANUARY 3, 1985

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'A RESOLUTION 85-0.15 • A RESOLUTION APPROVING THE REDEVELOPMENT PLAN OF THE ST. ANTHONY HOUSING AND REDEVELOPMENT AUTHORITY OF ST. ANTHONY, MINNESOTA, ENTITLED "OLD HIGHWAY EIGHT REDEVELOPMENT PLAN AND TAX INCREMENT PLAN", DATED JANUARY 3, 1985 A resolution of the City Council of St. Anthony, Minnesota, approving the Redevelop- ment Plan of the St. Anthony Housing and Redevelopment Authority of St. Anthony, . Minnesota, (the Authority) entitled, "Old Highway Eight Redevelopment Plan and Tax Increment Plan", dated January 3, 1985. WHEREAS, .the Authority has now caused to be prepared a Redevelopment Plan for an urban renewal -project for the 'Old Highway Eight Area .of St. Anthony, Minnesota (_the project area), entitled "Old Highway Eight Redevelopment Project", dated January 3, 1985 (.the plan); and WHEREAS, the plan has been prepared at the direction of the Authority with the cooperation and assistance of the appropriate City departments; and WHEREAS, the Authority has transmitted the plan to the Planning Commission of the City of St. Anthony for its .study, and has requested the written opinion of the Planning Commission on the plan, all pursuant to Minnesota Statutes 462.515; and WHEREAS, the Planning Commission has now studied and considered said plan, which consists of: redevelopment program, relocation plan, method of financing tax increment financing, goals and objectives, and design elements. NOW, THEREFORE; BE IT RESOLVED by the. City Councilof the City of St. Anthony, that, having studied and considered the plan and having held a Public Hearing in which, the City Council , and all interested persons were heard, that it finds the following: 1 . The plan provides an outline for the development and redevelopment of the project area and is sufficiently complete to indicate the relationship of the plan to the objectives of the City of St. Anthony as to appropriate land uses within the project area, and to indicate the general land uses and general standards of development or redevelopment within the project area; and 2. The project area is a deteriorated and deteriorating area within the meaning of Minnesota Statutes 462.421 , Subdivision 11 ; and 3. The urban renewal project proposed by the plan, whether a housing project or a redevelopment project, is necessary to eliminate and prevent the spread of such deterioration; and 4. The project area is subjiect to conditions that have prevented private develop- ment or redevelopment without governmental assistance and financial aid proposed by the plan; and 5. The plan affords maximum opportunity for redevelopment of the project area by private enterprise, consistent with the sound needs of the locality as a whole; and • 6. The objectives and purpose of the plan conform to, and are consistent with the City of St. Anthony Comprehensive Plan and planning objectives previously, from time to time, established by .the Planning Commission of the City of St. Anthony for the development of the project area; and