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11 <br /> CITY OF NEW BRIGHTON <br /> COUNTY OF RAMSEY. <br /> STATE OF MINNESOTA <br /> RESOLUTION NO. <br /> A RESOLUTION AUTHORIZING EXECUTION AND DELIVERY OF A CONTRACT FOR <br /> PRIVATE REDEVELOPMENT, BY AND BETWEEN THE CITY OF NEW BRIGHTON, <br /> MINNESOTA AND MAIN STREET VILLAGE, LLC. <br /> � k <br /> I <br /> BE IT RESOLVED by the City Council (the "Council") of the City of New Brighton, <br /> 11 Minnesota(the "City") as follows: <br /> 1 Section 1. Recitals. <br /> 1.01 It has been proposed that the City enter into a Contract for Private Redevelopment <br /> (the "Contract") with Main Street Village, LLC (the "Redeveloper"). <br /> 1! <br /> Section 2. Findings. <br /> ; <br /> 2.01 The Council hereby finds that the Contract promotes the objectives as outlined in <br /> its Modified Development Program established pursuant to Minnesota Statutes, Sections 469.124 <br /> to 469.134, as amended. <br /> �j <br /> • j 2.02 The Council hereby finds that it has approved and adopted Tax Increment <br /> Financing District No. 26 and the Council has approved and adopted the Tax Increment Financing <br /> Plan relating thereto pursuant to Minnesota Statutes, Sections 469.174 through 469.179, inclusive, <br /> as amended and supplemented from time to time. <br /> Section 3. Authorizations. <br /> 3.01 The Mayor and the City Manager(the "Officers") are hereby authorized to execute <br /> and deliver the Contract when the following condition is met: <br /> Substantial conformance of a Contract to the Contract presented to the City as of <br /> this date with such additions and modifications as those Officers may deem <br /> desirable or necessary as evidenced by the execution thereof; <br /> Adopted by the Council of the City this 14th day of December, 1999. <br /> ATTEST: <br /> Robert Benke,Mayor <br /> O <br /> Margaret Egan, Finance Director/City Clerk Matthew Fulton, City Manager <br /> (SEAL) <br /> I:\SHARED\COUNCIL\RESOLUTI11 9 9919 9-CDWlainstreet Resolution.wpd <br />