HomeMy WebLinkAbout05-0216200 Eagle Creek Avenue S.E.
Prior Lake, MN 55372-1714
ECONOMIC DEVELOPMENT AUTHORITY OF THE
CITY OF PRIOR LAKE, MINNESOTA
Member LeMair introduced the following resolution and moved its adoption:
RESOLUTION #05-02EDA
RESOLUTION APPROVING REDEVELOPMENT
PROJECT AREA AND PLAN
BE IT RESOLVED by the Board of Commissioners (the "Board") of the Economic
Development Authority of the City of Prior Lake, Minnesota (the "Authority"), as follows:
Section 1. Recitals.
(a) It has been proposed that the Authority establish a Redevelopment Project
Area as described herein (the "Redevelopment Project Area"), in connection with the
acquisition and construction of a new city hall/police station facility and' adopting the
Redevelopment Plan for the Redevelopment Project Area (the "Plan"); all pursuant to and
in conformity with applicable law, including Minnesota Statutes, Sections 469.001
through 469.047 and 469.090 through 469.1082; all as reflected in that certain document
entitled in part "Redevelopment Plan for City Hall/Police Station Project" dated March 7,
2005, and presented for the Board's consideration.
(b) The Board has investigated the facts relating to the Plan and has caused
the Plan to be prepared. '
(c) The Authority has performed all actions required by law to be performed
prior to the adoption and approval of the Plan. The Authority has also requested that the
Prior Lake City Council hold a public hearing on the Plan and that the Prior Lake
Planning Commission provide written comment on the Plan.
Section 2. ~indings for the Adoption and Approval of the Plan.
(a) The Board makes the following findings:
The land in the Redevelopment Project Area would not be made available
for redevelopment without the. financial aid to be sought.
.
The Plan for the Redevelopment Project Area in the City will afford
maximum opportunity consistent with the needs of the locality as a whole,
for the redevelopment of the area by private enterprise and/or government
entities.
I:\EDA\Resolutions\05-02EDA - Redevelopment Plan A~il~ofl:lriorlake.com
Phone 952.447.4230 / Fax 952.447.4245
.
The Plan conforms to the general plan for development of the City as a
whole.
(b) The Board further finds that the Plan is intended and, in the judgment of
the Board, its effect will be, to promote the public purposes and accomplish the
objectives specified in the Plan for the Redevelopment Project Area.
Section 3. Approval and Adoption of the Plan. The Plan, as presented to the
Authority on this date, is hereby approved, established, and adopted.
Adopted by the Board of Commissioners of the Economic Development Authority of the
City of Prior Lake, Minnesota, on March 21, 2005.
Frank F. Boyle~'- ~ f
Executive Director
Economic Development Authority of the
City of Prior Lake, Minnesota
,
The motion for the adoption of the foregoing resolution was duly seconded by Member
Fleming, and upon vote being taken thereon, the following voted in favor thereof:
and the following voted against the same:
Whereupon the resolution was declared passed and adopted.
h\EDALqesolutions\05-02EDA - Redevelopment Plan Approval.doc 2