Laserfiche WebLink
<br />RESOLUTION NO. <br /> <br />86-52 <br /> <br />!. <br /> <br />STATE OF MINNESOTA <br />COUNTY OF RAMSEY <br />CITY OF NEW BRIGHTON <br /> <br />, I <br />., <br /> <br />, RESOLUTION AUTHORIZING APPLICATION FOR RAMSEY COUNTY COMMUNITY DEVELOPMENT <br />, BLOCK GRANT FUNDS AND INDICATING WILLINGNESS TO CREATE A TAX INCREMENT <br />, FINANCING DISTRICT IN SUPPORT OF THE APPLICATION. <br /> <br />IT IS HEREBY RESOLVED by the City Council (the "Council") of the <br />;1 City of New Brighton, Minnesota (the "City"), as follows: <br /> <br />1 . Rec i ta I s <br /> <br />;,t <br /> <br />a. The City of New Brighton is seeking to eliminate blight in <br />its community through redevelopment of a certaIn property <br />within its downtown development district and; <br /> <br />b. Redevelopment of this area is consistent with the City's <br />Comprehensive Plan, Downtown Development Plan and Old <br />Highway 8 Corridor Plan and; <br /> <br />jj <br /> <br />c. The City is seeking increased economic opportunity for low <br />and moderate income persons. <br /> <br />2.Approval <br /> <br />The Council hereby authorizes the City Officials to make <br />app I i cat i on to Ramsey County for Conrnun i ty Deve lopment Block <br />Grant funds for assistance with land acquisition on the downtown <br />redevelopment site in question and indicates the City's intent <br />to create a Tax Incre~nt Financing District to provide further <br />funds to implement redevelopment of this site should the City <br />grant application be approved and funded. <br /> <br />Adopted this 27th day of May, 1986. <br /> <br />~ <br /> <br />!; <br /> <br />~~{~ <br />Henry Si ,City Manager <br /> <br /> <br />---. <br />(SEAL) <br /> <br />. <br /> <br />l. <br />I <br />