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276899 WHITE - .'�ITY CLERK cwNw�� ' �rARTMENT G I TY OF SA I NT PALT L Council �ssg9 BLUE - � MAYOR CITY ATTNY/SDM File N . Co ncil Resolution Presented By � Referred Committee: Date Out of Committee By Date RESOLUTION DESIGNATING THE PORT AUTHORITY OF THE CITY OF SAINT PAUL AS THE ADMINIS— TRATOR OF THE ENERGY PARK DEVELOPMENT DISTRICT (DEVELOPMENT DISTRICT NUMBER 3) CREATED BY THE CITY OF SAINT PAUL PURSUANT TO MINNESOTA STATUTES CHAPTER 472A WHEREA5: a) Minnesota Statutes, Chapter 472A (the "Act") allows cities to create development districts and develop programs for their improvement pursuant to the Act; and b) Section 472A.10 of the Act allows a city to designate a port authority or a housing or redevelopment authority to administer a district created by the city under the Act; and c) The Council of the City of Saint Paul by Resolution Council File Number 275852 adopted October 23, 1980 did designate the Housing and Redevel.opment Authority of the City of Saint Paul, Minnesota ( "HRA") to administer all development districts now in place, or hereafter to be created by the City of Saint Paul ("City") pursuant to the Act; and d) The City Council now determines that it is more advantageous to appoint the Port Authority of the City of Saint Paul ("Port Authority") to be the Administrator of the Energy Park Development Di�trict because the Port Authority has created an COU[VCILMEIV Requestgd by Department of: Yeas Nays Hunt �evine In Favor Maddox McMahon B Showaiter - __ Against Y Tedesco Wilso� Form Approved by City Attorney Adopted by Council: Date — Certified Yassed by Council Secretary BY B}� —_ Approved by ;Vlayor: Date _ A pr ved by Mayor for Submi io 4�Council By - – B WMITE - 'CITY CLERK �}�y PINK - M'I11�/4NCE �J' /���� CANARY - DEPARTMENT G I T Y O F S A I N T PA LT L� Council � � BLUE - MAYOR File N O. Council Resolution Presented By Referred To Committee: Date Out of Committee By Date -2- Industrial Development Distriet in Energy Park pursuant to Minnesota Statutes, Chapter 458 and is currently heavily involved in the creation and financing of Energy Park. NOW THEREFORE, BE IT RESOLVED by the Council of the City of Saint Paul as follows: 1. That the Council Resolution (Council File 275852) appointing the HRA as administrator of all development districts is hereby amended to exclude from its scope the Energy Park Development District (Development District Number 3) . 2 . That the Port Authority is hereby designated to administer the Energy Park Development District (Development District Number 3) on behalf of the City. 3. To enable the Port Authority to effectively carry out its duties as administrator the following powers are granted to the Port Authority pursuant to 5ection 472A.1U of the Act: (this listing of powers is not intended to limit the other powers of the Port Authority derived from any other law. ) (a) To acquire property or easements through negotiation; (b) To enter into operating contraets on beh�lf of the municipality for operation of any of the public facilities authorized to be constructed under the terms of the Act; COU[VCILMEN Requestgd by Department of: Yeas Nays Hunt Levine In Favor Maddox McMahon snowaiter - _ Against BY — Tedesco Wilson Form Approved by City Attorney Adopted by Council: Date — Certified Yassed by Council Secretary BY B� Approved by Ylayor: Date _ Appcoved by Mayor for Submission to Council BY - – — BY WXITE - �CITY CLERK 2"'16899 PINK � - - �INANCE CANARif ? ��ARTMENT COUIICII BLUE - "MAYOR GITY OF SAINT PAUL File NO. Council Resolution Presented By Referred To Committee: Date Out of Committee By Date —3— (c) To lease space to private individuals or corporations within the buildings constructed under the terms of the Act; (d) To lease or sell land and to lease or sell air rights over structures constructed under the authority of the Act; (e) To enter into contracts for construction of the several facilities or portions thereof authorized under the Act; (f) Certify to the City for acquisition, pursuant to the Act,through eminent domain, property that cannot be acquired by negotiation, but is required for implementation of the Energy Park Development Program; (g) Certify to the City the amounts of funds, if any, which should be raised through the sale of tax increment revenue bonds or notes (consistent with the City' s debt policy) to finance the Program for the Energy Park_ Development District. (h) Certify to the City the amount of funds from tax increment which the Administrator requires to finance, and which the City shall provide for, the construction of public facilities in the Development District in accordance with the Development Program and Finance Plan. COUNCILMEN Requestgd by Department of: Yeas Nays Hunt Levine In Favor Maddox � McMahon ,.�,�,,,�� __ Against BY — Tedesco wlson MAY 2 6 „�,�. Form Approve y C' orne Adopted by Council: Date — �— __ ` Certified �s_ed by ounci Sec ary B � �`` B} ,� ✓` Appr e by Ylayor. Da — 2 9 ��; Approved by Mayor for Submission to Council By _ BY PtIB�ISW�� JUN 619$1