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<br />SECTION I - REDEVELOPMENT PROGRAM <br />FOR REDEVELOPMENT DISTRICT NO. 1 <br /> <br />Subsection A. <br /> <br />Forward <br /> <br />This document constitutes Sherburne County's Redevelopment Program for Redevelopment District No. <br />I as required in Minnesota Statutes 469.029, subd. I. <br /> <br />Subsection B. <br /> <br />Statutory Authority <br /> <br />The statutory authority empowering the County to establish the Redevelopment District is Minnesota <br />Statutes Chapter 472A, the Minnesota Municipal Redevelopment Districts Act. This Redevelopment <br />Program has been prepared in accordance with the applicable provisions of the Redevelopment Districts <br />Act. <br /> <br />Subsection C. <br /> <br />Statement of Public Purpose <br /> <br />The Sherburne County Board and the Housing and Redevelopment Authority of Sherburne County, <br />Minnesota, determine that it is necessary, desirable, and in the public interest to designate, establish, <br />develop, and administer a Redevelopment District in Sherburne County pursuant to the Redevelopment <br />Districts Act. The purpose of the Redevelopment District is to provide a means for financing public <br />improvements and facilities necessary if the County is to attract additional commercial and industrial <br />development and increase employment opportunities in those areas of the County designated for these <br />uses. <br /> <br />The Sherburne County Board and the Housing and Redevelopment Authority find that there is a demand <br />within the County for increased commercial, industrial, and residential development and, that the <br />Redevelopment District, as amended, includes area in the County designated for business and <br />development. However, extensive commercial, residential and industrial development in this area is not <br />possible absent the installation of certain public facilities, including improved water and sanitary sewer <br />service, additional streets and roads, and others. The high cost of constructing such facilities cannot be <br />met, and additional commercial, residential, and industrial development is therefore not possible without <br />public intervention. Therefore, the Redevelopment District is created by the County to make public <br />intervention and assistance possible, construction of the required public facilities possible, and to <br />encourage development of designated commercial and industrial areas of the County. <br /> <br />Subsection D. <br /> <br />Boundaries of the Redevelopment District <br /> <br />The geographic boundaries of Redevelopment District No. I are set forth on the map attached as Exhibit <br />A to this Redevelopment Program. <br /> <br />These boundaries have been selected to include those areas of the County which: <br /> <br />I. Are zoned and planned for office/telecommunications development but require that certain public <br />improvements be installed to make such development possible; <br /> <br />2. Have water and sanitary sewer service made available in the immediate area but require potential <br />water and sanitary sewer laterals, therefore, making development possible; <br /> <br />Sherburne County <br />page 1 <br /> <br />Redevelopment Program for Redevelopment District No. 1 <br />