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Member Blomquist introduced the following reso- lution and moved its adoption: RESOLUTION NO. 84-19 RESOLUTION GIVING PRELIMINARY APPROVAL TO A PROJECT UNDER THE MUNICIPAL INDUSTRIAL DEVEL- OPMENT ACT, REFERRING THE PROPOSAL TO THE MINNESOTA ENERGY AND ECONOMIC DEVELOPMENT AUTHORITY FOR APPROVAL, AND AUTHORIZING PREP- ARATION OF NECESSARY DOCUMENTS BE IT RESOLVED by the City Council (the "Council") of the Ci ty of New Br ighton, Ramsey County, Minnesota (the "City"), as follows: 1. It is hereby found, determined and declared as follows: 1.1. The welfare of the State of Minnesota (the "State") requires active promotion, attraction, encour- agement and development of economically sound industry and commerce through governmental acts to prevent, so far as possible, emergence of blighted lands and areas of chronic unemployment, and it is the policy of the state to facilitate and encourage action by local government units to prevent the economic deterioration of such areas to the point where the process can be re- versed only by total redevelopment through the use of local, state and federal funds derived from taxation, with the attendant necessity of relocating displaced persons and of duplicating public services in other areas. 1.2. Technological change has caused a shift to a significant degree in the area of opportunity for edu- cated youth to processing, transporting, marketing, ser- vice and other industries, and unless existing and re- la ted industries are retained and new industr ies are developed to use the available resources of the City, a large part of the existing investment of the community and of the State as a whole in educational and public service facilities will be lost, and the movement of talented, educated personnel of mature age to areas where their services may be effectively used and compen- sated and the lessening attraction of persons and busi- nesses from other areas for purposes of industry, com- merce and tourism will deprive the City and the State of the economic and human resources needed as a base for providing governmental services and facili ties for the remaining population.