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<br />~"... "J <br /> <br />! I <br /> <br />; I <br />Ii <br />I' <br />~ ~ <br /> <br />'. <br /> <br />t <br /> <br />i; <br /> <br />RESOLUTION No. 00-114 <br /> <br />CITY OF NEW BRIGHTON <br />COUNTY OF RAMSEY <br />STATE OF MINNESOTA <br /> <br />A RESOLUTION DETERMINING THAT A CERTAIN PARCEL <br />IS OCCUPIED BY STRUCTURALLY SUBSTANDARD BUILDINGS <br />AND IS TO BE INCLUDED IN A TAX INCREMENT FINANCING DISTRICT <br /> <br />, ' <br /> <br />NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of New Brighton, Minnesota <br />(the "City") as follows: <br /> <br />Section 1. Recitals. <br /> <br />1.01 The City has considered the acquisition and/or redevelopment of a parcel identified as follows <br />(the "Parcel"): <br /> <br />1180 Old Highway 8 <br />PIN 20-30-23-43-0003 <br /> <br />1.02 <br /> <br />Minnesota Statutes. Sections 469.174 through 469-179, inclusive, as amended and <br />supplemented from time to time (the "Tax Increment Act") provides for the establishment <br />of a Tax Increment Financing District as a redevelopment district. The Tax Increment Act <br />allows for the inclusion of parcels within a redevelopment district after substandard buildings <br />have been removed by complying with Minnesota Statutes 469.174, Subd. 1 O( d). <br /> <br />i i <br /> <br />Section 2. FindiOlZS. <br /> <br />2.0l The Council hereby finds that the acquisition and/or redevelopment ofthe Parcel furthers the <br />goals and objectives of the Development Program. <br /> <br />2.02 The Council hereby finds that the Parcel is occupied by a structure or structures that are <br />structurally substandard, as defined in the Tax Increment Act and described in the blight report <br />on file with the City, and that the structure or structures must be demolished and removed from <br />the Parcel. <br /> <br />2.03 The Council hereby finds that the Authority intends to demolish or cause to be demolished the <br />substandard building or buildings and to prepare the Parcel for redevelopment. <br /> <br />I Section 3. Declaration ofIntent. <br /> <br />3.01 The Council hereby declares its intent to include the Parcel within a type of a tax increment <br />financing district known as a redevelopment district and to file the request for certification of <br />the Parcel as part of a district with the Ramsey County Auditor within three years of when the <br />Parcel were occupied by a substandard building or buildings. <br /> <br />I:\SHARED\COUNCIL\Resolutions\2000\cd\1180 Old Highway 8. wpd <br />