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" " Council member Wi 1 1 i Am co; adoption: introduced the following resolution and moved its RESOLUTION NO. 93 - 0 2 5 STATE OF MINNESOTA COUNTY OF RAMSEY CITY OF NEW BRIGHTON RESOLUTION AUTHORIZING EMINENT DOMAIN PROCEEDINGS AND ACQUISITION PURSUANT TO MINNESOTA STATUTES, SECTION 117 RESPECTING DEVELOPMENT DISTRICT NO.1. BE IT RESOLVED by the City Council (the "Council") of the City of New Brighton, Minnesota (the "City"), as follows: Section 1. Recitals. 1.01. On December 22, 1981, the Council, acting pursuant to and in accordance with Minnesota Statutes, Chapter 472A, as amended, approved and adopted Resolution No. 2542 which created a development district known as Development District No.1, designated the boundaries thereof, and adopted the Development Program for said District. 1.02. The Council on April 26, 1985, acting pursuant to and in accordance with Minnesota Statutes, Chapter 472A, as amended, adopted Resolution No. 85~44 which modified by enlargement Development District No. l,and which approved and adopted a Modified Development Program for said District. 1.03. On February 9, 1993, the Council in accordance with Minnesota Statutes, Chapter 469 adopted Resolution No. 93~018 which modified the Development District and created within such district New Tax Increment Financing Districts. 1.04. On February 9, 1993, the Council, by Resolution 93-022 accepted the feasibility study for lakeview Business Campus streets and utilities. 1.05. In order to carry out the purposes and objectives of Minnesota Statutes, Chapter 469 (formerly 472A), as amended, the Development District No.1, and the Modified Development Program for said District which is and the effect thereof will be to provide an impetus for commercial and industrial development in the City, to increase employment, and otherwise promote certain public purposes and accomplish certain objectives as specified in the Modified Development Program, and to provide for the location and construction of streets and public activities, the Council has determined that it is necessary to acquire the real property described in the Attachment hereto (the "Property") . 1.06. As of the date of this Resolution, the City has been unable to complete the acquisition of the Property by means of negotiated purchase. Section 2. Authorization to ACQuire Described Procertv bv Eminent Domain Proceedings Pursuant to Minnesota Statutes. 11 7. 2.01. It is necessary to acquire the Property in order to carry out the purposes and objectives of Minnesota Statutes, Chapter 469, as amended, the