Resolution 26-028 - Exercising the City's Authority to Opt-In to, and Support, the Ramsey County Economic Development Agency ("EDA")

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CITY OF SAINT ANTHONY VILLAGE RESOLUTION 26-028 A RESOLUTION EXERCISING THE CITY'S AUTHORITY TO OPT -IN TO, AND SUPPORT, THE RAMSEY COUNTY ECONOMIC DEVELOPMENT AGENCY ("EDA") WHEREAS, the Commissioners of Ramsey County ("County") and the Saint Anthony Village City Council ("City") consider small businesses to be the backbone of stability and growth for their respective local government and municipality; and WHEREAS, the County and the City also consider continued investment in small businesses as critical for sustaining stability and growth in their respective local government and municipality; and WHEREAS, the County sought special legislation from the State Legislature that expanded the eligible uses of the County's Housing and Redevelopment Authority (HRA); and WHEREAS, the special legislation, often referred to as the EDA Bill (Bill), expanded the use of HRA Levy funding to include entrepreneurship and business programming and necessitated the creation of the Ramsey County Economic Development Authority (EDA); and WHEREAS, the EDA Bill was approved by the Legislature in 2025; and WHEREAS, the EDA Bill contained two provisions, (1) the EDA would not have tax levy authority and (2) Cities within the County's HRA Area of Operation would be required to `Opt In' to business programming by the EDA; and WHEREAS, pursuant to state statute, projects funded with HRA levy will continue to require consent by the City; and WHEREAS, pursuant to Ramsey County Board of Commissioners Resolution B2025-229 dated December 2, 2025, and to filing with the Secretary of State a Certificate of Approval of Special Law By Governing Body (pursuant to Minnesota Statutes, 645.02 and 645.021) December 16, 2025, as Document No. 20254239, the County has legally established an EDA through which the above -referenced funds and programs supporting small business in the City may flow; and WHEREAS, the City supports the County in promoting growth and sustainability for small businesses within its jurisdiction and therefore supports, and wishes to avail itself to, funding and programs made available by the County's EDA and deems it a positive mechanism for doing so.