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RES 19-48
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RES 19-48
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City of <br />Elk _ <br />River <br />City of Elk River <br />City Council <br />Resolution 19- 46 <br />A Resolution of the City Council of the City of Elk River Finding Parcels Are <br />Occupied by Structurally Substandard Buildings <br />WHEREAS, it has been proposed that the City of Elk River, Minnesota, (the "City") or <br />the Housing and Redevelopment Authority in and for the City of Elk River, Minnesota (the <br />"HRA"), create one or more tax increment financing districts within the City to be <br />designated as redevelopment districts or renewal and renovation districts as defined in <br />Minnesota Statutes, Section 469.174, Subd. 10 and Subd. 10a (the "TIF District"); and <br />WHEREAS, in order to create this type of TIF District, the City and the HRA must make <br />a determination that before the demolition or removal of any substandard building, certain <br />conditions existed; and <br />WHEREAS, under Minnesota Statutes, Section 469.174, subd. 10(d), the City and the <br />HRA are authorized to deem parcels as occupied by structurally substandard buildings <br />despite prior demolition or removal of the buildings, subject to certain terms and conditions <br />as described in this resolution; and <br />WHEREAS, in order to deem a parcel as being occupied by a structurally substandard <br />building, the City or the HRA must first pass a resolution before the demolition or removal <br />that the parcel was occupied by one or more structurally substandard buildings and that after <br />demolition and clearance the City or the HRA intended to include the parcel within the <br />proposed tax increment financing district; and <br />WHEREAS, there exists in the City on each of the parcels described in Exhibit A attached <br />hereto (collectively, the "Parcels") one structurally substandard building to be demolished or <br />removed (the "Substandard Building Condition"); and <br />WHEREAS, a parcel is deemed to be occupied by a structurally substandard building if <br />the Substandard Building Condition is met within three years of the filing of the request for <br />certification of the parcel as part of the tax increment financing district with the county <br />auditor, and if certain other conditions are met; and <br />WHEREAS, the HRA intends to cause demolition of buildings located on the Parcels, and <br />the City or the HRA may in the future include the Parcels in a redevelopment or renewal and <br />renovation tax increment financing district; and <br />NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Elk <br />River, Minnesota, as follows: Click here to enter text. <br />PONERE6 er <br />NATURE <br />
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