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276755 WHITE - CITY CLERK ����� PiNK - FINANCE COUIICII iLU6 R� � MAYOR MENT G I T Y O F S A I N T �A U L File N 0. �i� At�y'� ncil Resolution Presented By Referred To Committee: Date Out of Committee By Date RESOLUTION AUTHORIZING THE HOUSING AND REDEVELOPMENT AUTHORITY OF THE CTTY OF SAINT PAUL, MINNE50TA, TO NAME A TENTATIVE DEVELOPER FOR THE CIVIC CENTER THEATRE SITE� p,ND AUTHORIZING UDAG APPLICATION WHEREAS, the City of St. Paul has been approached by private development interests seeking to construct hotel, exhibition, theatre and ancillary facilities on a site, portions of which are owned by the City, and located east of the Civic Center Arena in downtown St. Paul; and WHEREAS, the proposed uses have long been considered desir- able uses for this site; and WHEREAS, it has been found that additional financial assis- tance is necessary to ensure construction of the proposed develop- ment; and WHEREAS, federal financial assistance under the Urban Develop- ment Action Grant (UDAG) program, as said program is defined in amendment of the Housing and Community Development Act of 1977 may be available for this development; and WHEREAS, the Planning Commission has determined that the sale of this site would be consistent with the adopted policies of the St. Paul Comprehensive Plan; and WHEREAS, the Planning Commission has also determined that the proposed reuse of said site for hotel, restaurant, exhibition, theatre, and parking facilities is also consistent with the Comprehensive Plan; and COUNCILMEN Requestgd by Department of: Yeas Nays Hunt Levine In Favoc Maddox McMahon snowa�ter __ Against BY Tedesco Wilson Form Approved by City Attorney Adopted by Council: Date Certified Passed by Council Secretary BY B5� -- Approved by :Nayor: Date Approved by Mayor for Submission to Council By - — BY WHITE - CITY CLERK �' /L�• /�� PINK - FINANCE COUI1C11 o V �i £ANARY - DEPARTMENT � G I T Y O F S A I N T PA U L � BLUE -_ MAYOR � File N . ' � Council Resolution Presented By Referred To Committee: Date Out of Committee By Date -3- 3. The developer, shall be required to prepare, with the assistance of HRA staff, a redevelopment implementation plan. 4 . The redevelopment implementation plan shall be presented to the City Council for its review along with a recommendation for approval or disapproval by the HRA Board within nine months. 5. The HRA may extend the designation of Tntegra-Bui1t, Inc. , as tentative developer for the Hotel/Auditorium complex for a term that will expire at the same time as the designation of the theatre tentative developer status. 6 . The Mayor is hereby authorized to do all things necessary to apply for federal financial assistance under the UDAG program for the entire Civic Center development project. COUIVCILMEN Requestgd by Department of: Yeas Nays Hunt Levine In Favor Maddox McMahon � B snowa�ter _ Against Y Tedesco Wilson APR 2 8 1981 Form A prove y Cit Attorn Adopted by Council: Date _ ` Certified P•s e b Counc� ecr BY By `"� � Appr by :Nayor: D t ��� � O Appr Mayor�,for Sub ' Council BY gy � PUBLISHED MAY 91981 � ��f�`��� -2- WHEREAS, private development of a substantial new hotel facility at the site of the old auditorium and theatre adjacent to the Civic Center, has been endorsed by the Civic Center Commission; and WHEREAS, the City as owner of the site and the Housing and Redevelopment Authority of the City of Saint Paul , Minnesota (HRA) , are interested in reuse development compat- ible with and complimentary to the Civic Center complex usage which would provide employment opportunity, enhance the tax base and strengthen the overall economy of the area; and WHEREAS, public actions necessary to make the site available for and undertakings necessary to accomplish rede- velopment need to be explored and an implementation plan formulated if such redevelopment is to occur; and WHEREAS, by Resolution Council File No. 275626 the City Council authorized the HRA to designate a tentative developer for the Civic Center site and the HRA by Resolution 80-9/10-7 did so designate Int�gra-Bui1t, Inc. , for a period of nine months; and WHEREAS, it now appears that the site should be split between a developer of the Hotel/Auditorium complex and a developer of the theatre complex. NOW THEREFORE, BE IT RESOLVED that: 1. The Housing and Redevelopment Authority of the City of Saint Paul, Minnesota be and hereby is authorized to designate a tentative developer for the theatre site and to apportion the Civic Center site between the theatre developer and the Hotel/Auditorium developer with whatsoever terms and conditions the HRA feels are appropriate for a period of nine months. 2. The theatre developer shall be required to develop schematic plans, feasibility studies and financing proposals to the extent needed to determine the overall viability of the theatre project and such plans , studies and financial proposals shall be made available to the HRA staff for review and evaluation as they are developed.