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HomeMy WebLinkAbout01-13 RESOLUTION 01-13 A RESOLUTION DECLARING THE BUILDING ON THE TJ TOWING PROPERTY, 16675 FRANKLIN TRAIL SOUTHEAST, PRIOR LAKE, MN, TO BE STRUCTURALLY SUBSTANDARD PURSUANT TO MN STAT. CH. 469. Motion By: ZIESKA Second By: ERICSON WHEREAS, the City has entered into an agreement to purchase the property at 16675 Franklin Trail Southeast, Prior Lake, Minnesota and commonly known as the TJ Towing property; and WHEREAS, the City has acquired the Subject Property to facilitate the redevelopment of the parcels and the surrounding area; and WHEREAS, the City anticipates the need to establish a tax increment financing district in order to make development of the Subject Property and adjacent parcels economically viable; and WHEREAS, the building located on the Subject Property will be demolished and removed as a condition of the acquisition by the City; and WHEREAS, the City has undertaken an inspection of the buildings to determine the presence and extent of defects in structural elements and other building deficiencies pursuant to Minnesota Statutes Section 469.174, subd. 10. NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF PRIOR LAKE, MINNESOTA that: 1. The recitals set forth above are incorporated in their entirety as if fully set forth herein. 2. The City Council finds that the Subject Property is more than 70% occupied by buildings, streets, utilities or other improvements. 3. The City Council finds that the building located on the Subject Property is structurally substandard as defined in Minnesota Statutes Section 469.174, subd. 10. The information used to make this finding is set forth in the staff agenda report and attachments dated February 5, 2001 and shall be retained and incorporated into the plan for a tax increment financing district, if necessary. 4. The City shall record the date of building demolition. Unless otherwise authorized by state law, the request for certification to include the Subject Property within a tax increment financing district shall not occur later than three (3) years after the date of demolition. PASSED AND ADOPTED THIS 5TM DAY OF FEBRUARY, 2001. YES NO Mader X Mader Ericson X Ericson // Gundlach X Gundlach Petersen Absent Petersen Absent Zieska X Zleska City ~f Prior Lake 16200 Eagle Creek Ave. S.E., Prior Lake, Minnesota 55372-1714 347-4230 / Fax (612) 447-4245 AN EQUAL OPPORTUNITY EMPLOYER