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RESOLUTION NO. <br />CITY OF ELK RIVER <br />COUNTY OF SHERBURNE <br /> STATE OF MINNESOTA <br /> <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ELK RIVER <br />AUTHORIZING EMINENT DOMAIN AND ACQUISITION OF REAL PROPERTY IN <br />ACCORDANCE WITH MINN. STAT. § 117.042 <br /> <br />RECITALS <br /> <br /> WHEREAS, the City of Elk River is a statutory city organized and existing under the laws <br />of the State of Minnesota with all powers, rights and authority of a statutory city and is a public <br />body corporate and politic; <br /> <br /> WHEREAS, the City of Elk River has the authority to acquire real property by <br />condemnation in accordance with Minnesota Law including Minn. Stat. § 412.211, Minn. Stat. <br />§§ 465.01 and 465.16, and Minn. Stat. § 469.126; <br /> <br /> WHEREAS, the City of Elk River, by previous action, has designated Municipal <br />Development District No. I ("Development District") which Development District is coterminous <br />with the city limits of the City of Elk River; <br /> <br /> WHEREAS, the City of Elk River has adopted a development program for the <br />Development District ("Development Program"); <br /> <br /> WHEREAS, in accordance with the Development Program, the City of Elk River has <br />deemed it advisable to encourage development within the Development District in an effort to <br />increase the tax base of the City of Elk River, provide for employment opportunities within the <br />City of Elk River and otherwise benefit the health, safety, morals and welfare of the residents of <br />the City of Elk River in accordance with the public purpose provisions of applicable state and <br />local laws; <br /> <br />806550J-0045 RESOLUTION 3-6-02 <br /> <br /> <br />