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RESOLUTION NO. 81-051 RESOLUTION ACTIVATING A HOUSING AND REDEVELOPMENT AUTHORITY IN AND FOR THE CITY OF ST. ANTHONY BE IT RESOLVED by the City Council of the City of St. Anthony, Minnesota (the City) as follows: Section 1. It is hereby found, determined and declared: 1.1 The Minnesota Legislature has enacted the Housing and Redevelopment Act, Minnesota Statutes, Sections 462.411 to 462.711 (the Act), which authorizes a municipality to activate a housing and redevelopment authority in and for the municipality for the purpose of undertaking redevelopment projects, including the acquisition and improvement of blighted areas or open or undeveloped land. The Act itself created a housing and redevelopment authority in each municipality in the state, but forbade the authority to transact any business or exercise any powers granted by the Act until activated by resolution of the governing body of the municipality. 1.2 In enacting the Act, the Legislature found that the welfare of the State requires the redevelopment of urban and rural areas which by reason of sociological and technological chances, faulty arrangement or design of: buildings and improvements, lack of public facilities, or deleterious land use or obsolete layout inflict blight upon the economic value of large areas, impair the value of private investments, threaten the source of public revenues and decentralize communities to areas improperly planned and not related to public facilities. The Legislature found that such conditions cannot be remedied by the ordinary operations of private enterprise or by regulation alone, but that local public bodies must be created and authorized to undertake redevelopment where the cost would not warrant private initiative, subject to the declared policy of the State that before public participation is authorized or undertaken it be determined locally that redevelopment cannot be met through reliance solely upon private initiative. Participation by municipalities in redevelopment projects according to a redevelopment plan as provided in the Act was declared by the Legislature to be a public use and purpose for which private property may be acquired and public money may be spent.