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86-1731 WHITE - CI7V CLERK PINK - FINANCE G I Y O F SA I NT PA U L Council � _�7� CANARV - OEPARTMENT OLUE - MAVOR File NO. � uncil Resolution �..: �_--,, , � Presented By ,..<�-~ Referred To Committee: Date Out of Committee By Date WHEREAS cen ral cities are plagued by decayin housing st ck, commercial/industrial facilities, predominance of hi h levels of unemployment, and low inco e levels, and WHEREAS unle s financial incentives exist, private developers m y not be willing to pay the high cost, and manage the h ghly ontroversial and complex procedures required to nvest in the central cities , and WHEREAS the rban Revitalization Action Program is designed to evita ize the most distressed neighborhood areas in Min esota s first class cities, in particular, Minneapolis nd St Paul, and WHEREAS the Urban Action Revitalization Action Program will provi e a state match of up to $20 million fo the bienniu to revitalize housing stock and enhanc economic dev lopme t in areas selected by the cities as "distressed, and WHEREAS the ity councils in Minneapolis and St. Pau will recomme d loc 1 match financing alternatives, and recommend us s for the funds, THEREFO E, BE IT RESOLVED THAT the City of St. Paul supports th Urb n Revitalization Action Program, an directs lob ying staff to introduce and lobby such legislation uring the 1987 legislative session. COUNCILMEN Requested by Department of: Yeas Drew Nays �'°°"� [n Favor Rettman Scheibel Sonnen A gai n s t BY Tedesco Wilson Adopted by Council: Date DE 3 0 ��06 Form Approved by City Attorney Certified Vas e ouncil Secr y BY gy, r Appr by :Navor: Date 'r — L ��� Appr y Mayor for Submi on t il 8 pliB�i ED ���' 1 0198?