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<br />CITY COUNCIL <br />CITY OF NEW BRIGHTON <br /> <br />RESOLUTION NO. 06-042 <br /> <br /> <br />SOLUTION AUTHORIZING AND DIRECTING THE CONDEMNATION OF <br />CERTAIN PROPERTY FOR DEVELOPMENT PURPOSES <br /> <br />REAS, the City of New Brighton ("City") is a municipal corporation and subdivision <br />te of Minnesota organized and operating under Minnesota law, and is authorized by Minn. <br />12.211, S 465.01 and Ch. 469 to acquire real estate by exercising the power of eminent <br />under and pursuant to Minn. Stat., Ch. 117; and <br /> <br />REAS, the City Council of the City of New Brighton is the official governing body of <br />of New Brighton; and <br /> <br />REAS, pursuant to Minn. Stat. Ch. 469, the City has the authority to establish <br />ent districts and development projects; and <br /> <br />REAS, the City Council established Development District No. 1 (the "Development <br />') on December 22, 1981, and thereafter enlarged it; and <br /> <br />REAS, the real estate described in Exhibit A attached hereto and incorporated herein <br />t Property") is located within the Development District, as presently constituted, and is <br />e parcels which may be acquired; and <br /> <br />REAS, the City Council has adopted a Restated Development Program for <br />ment District No.1 which provides for the future use of the Subject Property; and <br /> <br />REAS, acquisition of the Subject Property by the City is essential in order to eliminate <br />ect Property as a barrier to implementation of the Restated Development Program; and <br /> <br />REAS, the City has performed all actions required by law to be performed prior to the <br />of the Development District, and adoption of the Restated Development Program; and <br /> <br />REAS, the City Council finds that redevelopment of the Subject Property pursuant to <br />. sions of the Restated Development Program is necessary, convenient, desirable, for a <br />urpose, in the best interests of the citizens of the City and will promote the general health, <br />and safety of the community; and <br /> <br />RAS, the Subject Property is located within a tax increment financing district which <br />orized by a special law before February 1, 2006 and any time limitation for acquisition of <br />by condemnation under that special law has not expired; and <br /> <br />290469v NE136-196 <br /> <br />1 <br />