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91-038A
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91-038A
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<br />,I <br /> <br />/\...; <br />J.J'/ <br /> <br />RESOLUTION NO. 91-038A <br /> <br />STATE OF MINNESOTA <br />COUNTY OF RAMSEY <br />CITY OF NEW BRIGHTON <br /> <br />RESOLUTION AUTHORIZING EXECUTION AND DELIVERY OF A CONTRACT FOR PRIVATE <br />DEVELOPMENT BY AND BETWEEN THE CITY OF NEW BRIGHTON AND REMMElE <br />ENGINEERING, INC. <br /> <br />BE IT RESOLVED by the City Council (the "Council") of the City of New Brighton <br />(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 Contract For Private <br />Redevelopment (the "Contract") with Remmele Engineering, Inc. (the "Redeveloper") <br /> <br />Section 2. <br /> <br />Findinas. <br /> <br />2.01. The Council hereby finds that the Contract promotes the objectives as <br />outlined in its Modified Development Program established pursuant to Minnesota Statutes, <br />Sections 469.001 fU~. <br /> <br />2.02. The Council hereby finds that it has approved and adopted Tax Increment <br />Financing District No. 18 and the Council has approved and adopted the Tax Increment <br />Financing Plan relating thereto pursuant to Minnesota Statutes, Section 469.174 through <br />469.179, inclusive, as amended and supplemented from time to time. <br /> <br />Section 3. Authorization !Qr Execution mll1 Delivery. <br /> <br />3.01. The Mayor and the City Manager are hereby authorized to execute and <br />deliver the Contract when the following conditions are met: <br /> <br />a. substantial conformance of a Contract to the Contract presented to <br />the Authority as of this date; <br /> <br />b. <br />Redeveloper). <br /> <br />receipt of $15,000 ($5,000 of which has been received from the <br /> <br />Adopted this 23rd day of April, 1991. <br /> <br />,ATTEST: <br /> <br />'".., <br /> <br /> <br />-~~ <br /> <br />~ rY\\ Qr~~ <br /> <br />David M. Childs, City Manager <br />
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