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<br />CITY OF NEW BRIGHTON <br />COUNTY OF RAMSEY <br />STATE OF MINNESOTA <br /> <br />RESOLUTION NO. Q1-07.1 <br /> <br />A RESOLUTION AUTHORIZING EXECUTION AND DELIVERY OF A CONTRACT FOR <br />PRIVATE REDEVELOPMENT BY AND BETWEEN THE CITY OF NEW BRIGHTON AND <br />U S WEST BUSINESS RESOURCES, INC. <br /> <br />BE IT RESOLVED by the City Council (the "Council") of the <br />City of New Brighton (the "City) as follows: <br /> <br />Section 1. <br /> <br />Recitals. <br /> <br />1.01 It has been proposed that the City enter into a <br />Contract for Private Redevelopment (the "Contract) with U S WEST <br />Business Resources, Inc. (the "Redeveloper"). <br /> <br />Section 2. <br /> <br />Findinqs. <br /> <br />2.01 The Council hereby finds that the Contract <br />promotes the objectives as outlined in its Modified Development <br />Program established pursuant to Minnesota Statutes, Sections <br />469.001 et sea. <br /> <br />2.02 The Council hereby finds that it has approved and <br />adopted Tax Increment Financing District No. 20 and the Council <br />has approved and adopted the Tax Increment Financing Plan <br />relating thereto pursuant to Minnesota statutes, Section 469.174 <br />through 469.179, inclusive, as amended and supplemented from time <br />to time. <br /> <br />Section 3. <br /> <br />Authorization for Execution and Deliverv. <br /> <br />3.01 The Mayor and the City Manager are hereby <br />authorized to execute and deliver the Contract when the following <br />condition is met: <br /> <br />substantial conformance of a Contract to the Contract <br />presented to the Council as of this date; <br /> <br />Adopted by the Council of the City this 9th day of Februar,y 1993. <br /> <br />~~ <br /> <br />AKTEST: ~. <br />i ( "',. (, \ ",,: ,,~ <br /> <br />-y... {LU-tA ( f\ \ (,h\tL\.c., <br />CJ.ty Manager <br /> <br />~"~:':""'" " <br />