Laserfiche WebLink
RESOLUTION 2001-30 <br />ECONOMIC DEVELOPMENT AUTHORITY OF THE CITY OF HUGO, MINNESOTA <br />RESOLUTION APPROVING REDEVELOPMENT PROJECT AREA AND PLAN <br />BE IT RESOLVED by the Board of Commissioners (the 'Board") of the Economic <br />Development Authority of the City of Hugo, Minnesota (the "Authority"), as follows: <br />Section 1. Recitals. <br />1.01. It has been proposed that the Authority establish a Redevelopment Project Area as <br />described herein (the "Redevelopment Project Area"), in connection with construction of a new <br />city hall and adopt the Redevelopment Plan for the Redevelopment Project Area (the "Plan"); all <br />pursuant to and in conformity with applicable law, including Minnesota Statutes, Sections <br />469.001 through 469.047 and 469.090 through 469.1081; all as reflected in that certain document <br />entitled in part "Redevelopment Plan for City Hall Project" dated July 16, 2001, and presented <br />for the Board's consideration. <br />1.02. The Board has investigated the facts relating to the Plan and has caused the Plan to <br />be prepared. <br />1.03. The Authority has performed all actions required by law to be performed prior to <br />the adoption and approval of the Plan. The Authority has also requested that the Hugo City <br />Council hold a public hearing on the Plan and that the Hugo Planning Commission provide <br />written comment on the Plan. <br />Section 2. Findings for the Adoption and Approval of the Plan. <br />2.01. The Board hereby finds that Plan conforms to the general plan for the development <br />or redevelopment of the City as a whole; and that the Plan will afford maximum opportunity <br />consistent with the sound needs of the City as a whole, for the development of the <br />Redevelopment Project Area and adjacent areas by private enterprise. <br />2.02. The Board further finds that the Plan is intended and, in the judgment of the Board, <br />its effect will be, to promote the public purposes and accomplish the objectives specified in the <br />Redevelopment Plan for the Redevelopment Project Area. <br />Section 3. Approval and Adoption of the Plan. The Plan, as presented to the Authority <br />on this date, is hereby approved, established, and adopted. <br />1301521v1 <br />