2011_1024_packet - Laserfiche WebLink

Home

76 buildings and improvements thereon where necessary to eliminate unhealthful, unsanitary or 77 unsafe conditions,, lessen density, reduce traffic hazards, eliminate obsolete or other uses 78 detrimental to the public welfare, or to otherwise remove or prevent the spread of blight or 79 deterioration,, to promote historic and architectural preservation, or to provide land for needed 80 public facilities; (iii) installation,, construction,, or reconstruction of streets, utilities, parks, 81 playgrounds, and other improvements necessary for carrying out the objectives of the urban 82 renewal project; (iv) the disposition, for uses in accordance with the objectives of the urban 83 renewal project of any property or part thereof acquired in the area of the project; provided that 84 the dispositions shall be in the manner prescribed in Sections 4 .001 to 469.047 for the 85 disposition of property in a redevelopment project area; (v) relocation within or outside the 86 project area of structures that will be restored and maintained for architectural or historic 87 purposes; (vi) restoration of acquired properties of historic or architectural value; and (vii) 88 construction of foundations and platforms necessary for the provision of air rights sites. 89 The term "Redevelopment Project" also means a redevelopment project initiated as then 90 provided by law and approved by the governing body of the City prior to July 1, 1951 as 91 prescribed by Minnesota Statutes 1949, Section 462.521. 92 The term "industrial developments" means any undertaking that promotes an economic 93 development purpose set forth in Minnesota Statutes,, Sections 469.152 through 469.165 1. 94 Project Area means that area described in this Plan in which the City intends to undertake 95 Projects. 96 REDEVELOPMENT PROJECT AREA AND INDUSTRIAL DEVELOPMENT 97 DISTRICT NO. I 99 It is hereby declared to be the policy of the City to protect and promote the welfare of the 100 citizens of the City by employing all means necessary and appropriate to satisfy the foregoing 101 needs.- (1) the acquisition and rehabilitation of property; and (2) the provision of infrastructure,, 102 other public improvements and public facilities to promote redevelopment, economic 103 development and the creation of employment opportunities. The Redevelopment Project Area 104 and Industrial Development District No. I Plan provides a legal basis to consider implementation 105 of a viable financing mechanism that funds the public redevelopment cost, as defined in 106 Minnesota Statutes,, Section 469.033,, Subdivision L of the Development and the cost of 107 redevelopment of the Development pursuant to Minnesota Statutes,, Sections 469.048 to 469.068, 108 (collectively "Development Costs" I, which in turn enables redevelopment of property and 109 redevelopment of public facilities to prevent the causes of blight and affords opportunities for 110 economic development and job creation. III The Plan enunciates the legal authority for the involvement of the City in the 112 development and redevelopment process. In addition to being a guide for the physical 113 development and the continual management of the Development and Project, the Plan offers an 114 opportunity to coordinate Project Area improvements with the Comprehensive Plan and other 115 county, regional, state and national goals and objectives. 208925v4