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276970 WHITE - CITY CLERK �//('1� }�/j CANARYF- �aEPARTMENT COUtIC1I I \y9 O � BLUE - MAYOR G I T Y O F S A I N T PA U L File N O. Ci�y Attny/JTH u ' e Z�n Presented By .� Referred To Committee: Date Out of Committee By Date RESOLUTION MAKING CERTAIN FINDING, APPROVING A FINANCING PLAN AND CREATING A TAX INCREMENT FINANCING DISTRICT FOR THE NEW HOUSING AND BLIGHTED LAND DEVELOPMENT PROJECT WHEREAS, the Housing and Redevelopment Authority of the City of Saint Paul, Minnesota (HRA) has submitted in connection with the �1ew Housing and Blighted Lands Development Project and Redevelopment Plan heretofore approved by the Council of the City of Saint Paul, Minnesota, a Tax Increment Financing Plan proposing the creation of a tax increment financing district consisting of said Redevelopment Project Area for the purpose of financing said project redevelopment activities and housing provision; and WHEREAS, the said Redevelopment Plan and Tax Increment Financing Plan submitted contain a statement of objectives and development program of the HRA for the improvement and develop- ment of the Redevelopment Project Area and Tax Increment Financing District proposed including property to be acquired, and the Tax Increment Financing Plan contains estimates of the cost of the district, sources of revenue to finance the District, the most recent assessed value of taxable real property within the District, the estimated captured assessed value of the District at completion, the duration of the existence of the District, and a statement of the HRA' s estimate of the impact of tax increment financing on the assessed values of all taxing juris- dictions in which the District is located; and COUNCILME[�1 Requestgd by Department of: Yeas Nays Hunt Levine In FavOr Maddox McMahon snowaiter __ Against BY — Tedesco �Iso� Adopted by Council: Date Form Approved by City Attorn Certified Passed by Council Secretary BY � By Approved by ,Vlayor: Date Appr ed by Mayor for Submission to Council By _ By - - - /��,y WHITE - CITY CLERK � I VJ 6'.! PINK • - FINANCE %� � � CANARY - flEPARTMENT G I T Y O F SA I N T PA U L COUIICII BLUE - MAYOR File N O. � � Council Resolution Presented By Referred To Committee: Date Out of Committee By Date -2- WHEREAS, the HRA and City Council have provided an opportunity to members of the Ramsey County Board and Independent School District No. 625 to meet with the HRA Board and City Council and HRA has presented the Board members of said County and School District its estimate of the fiscal and economic implications of the proposed tax increment financing district; and V,IHEREAS, on June 9, 1981, the City Council conducted a ,public hearing upon the Tax Increment Financing Plan after published notice in the Saint Paul Pioneer Press and Dispatch on May 23, 1981, which hearing was held in conjunction with a public hearing to approve the New Housing and Blighted Lands Development Project; and WHEREAS, at said public hearing the City Council heard testimony from all interested parties appearing on the approval of said Project and creation of said District, reviewed and considered the Project Rede- velopment P1an, Project Eligibility and Activities Report, Relocation Plan and Tax Increment Financing Plan with supporting Analysis, Attachments, Map and Tables, and the findings and determinations of the St. Paul Planning Commission and of HRA, respecting said Project and District; Now Therefore, be it RESOLVED by the Council of the City of Saint Paul, in view of the foregoing hereby approved as findings, that the following further findings are hereby made: 1. Upon the evidence presented in the public hearing and upon the data, information, and statistical evidence specifically stated in Section IX of the Tax Increment Financing Plan, the Appendix thereto COUNCILMEN Yeas Nays Requestgd by Department of: Hunt �e��e In Favor — Maddox McMahon �,�itef __ Against BY Tedesco Wilson Form Approved by City Attorney Adopted by Council: Date Certified Yassed by Council Secretary BY By Approved by :Nayor: Date Approved by Mayor for Submission to Council By - — BY WHITE - CITY CLERK � }.�; PINK . - FINANCE � f S�� CANARY - .DEPARTMENT G I TY O F SA I NT �A U L COUt1C1I BLUE - MAYOR � File N . � Council Resolution Presented By Referred To Committee: Date Out of Committee By Date -3- and as supplemented in the Project Eligibility and Activities Report and by other information available to and knowledge of the Councilmembers, that each of the sites comprising thE Project and District Area individually is a redevelopment district within the meaning and provision of Minnesota Statutes Section 273.73 Subdivision 10 (1) or (3) , and that said sites collectively constitute a redevelopment district within the meaning and provision of Section 273.73 Subdivision 10 (3) , and that the district area is a housing district within the meaning and provision of Section 273.73 Subdivision 11; 2. That the proposed development or redevelopment has not occurred nor would it occur solely through private investment within the reasonably foreseeable future without significant public financial and other Project assistance proposed, that usual sources of public revenue are not adequate to provide the required level of such public assistance and that, therefore, the use of tax increment financing as proposed in the Plan is necessary to the accomplish- ment of the development and redevelopment of the District in accordance with the Project and District Plans; 3. That the tax increment financing plan conforms to the Saint Paul Comprehensive Plan which is the general plan for the development of the municipality as a whole; COUNCILMEN Requestgd by Department of: Yeas Nays Hunt Levine [n Favor Maddox McMahon B snowa�ter - __ Against Y — Tedesco Wilson Form Approved by City Attorney Adopted by Council: Date — Certified Passed by Council Secretary BY B5� -- Approved by 1layor: Date _ Approved by Mayor for Submission to Council BY - – — BY WNITE - CITY CLERK PINK - FINANCE �!�� CANARY ,- •UEPARTMENT G I TY O F SA I NT �A U L COUIICII �y BLUi. ' - MAYOR File N O. � Council Resolution Presented By Referred To Committee: Date Out of Committee By Date -4- 4 . That the tax increment financing plan will afford maximum opportunity, consistent with the sound needs of the municipality as a whole, for the development or redevelopment of the district by private enterprise; and 5. That the City of Saint Paul elects the method of tax increment computation set forth in section 273.76, subdivision 3, clause (a) . FURTHER RESOLVED, by the City Council that the New Housing and Blighted Lands Tax Increment Financing Plan is hereby approved and the HRA is directed to file a copy thereof and of this resolution with the State Planning Agency, and that the New Housing and Blighted LaMds Tax Increment Financing District is hereby created and the HR.A is directed to file copies of the Plan and this resolution with the Ramsey County Department of Taxation with its request for certification of the origix�.al assessed value of the District as described in said Plan. COUNCILMEN Yeas Nays Requestgd by Department of: Hunt � �(/ Levine In Favo[ Maddox �C.Gi/�i1/� � L;e%e��+�t, Mc�°��, � __ Against BY ' Tedesco Wilson JUN 9 �gB� Form Ap d by City Atto ey Adopted by Council: Date — Certified ;-ed by Counc.� Sec ry BY By ..� Approve ��avor: Da 9 1981 Appro b Mayor for b ssi to Council By --��'"T`��?�� By PUBUSHE� JUN 131981 � . • � ; i1� AFFIDAVIT OF PUBLICATION STATE OF MINNESOTA COUNTY OF RAMSEY �{rA. u,.e..�.,.,. , being duly sworn on oath, says: that he is, and during �. Y F € �1 I y Pf�� all times herein stated has been, Clerk of the ,,,,�„ � �"'a" Northwest Publications, Inc., publisher of the °�� T � • newspaper known as the St. Paul Dispatch, St. '• ,�, Paul Pioneer Press, St. Paul Sunday Pioneer � Press, a newspaper of general circulation within �° � �,� � rv• the City of St. Paul and the County of Ramsey. c, ��t�� .TY. That the Notice hereto attached was cut from � `«� + the columns of said newspaper and was printed �,,,;,,�,,,,�,,,,,,.,,: and published therein on the following dates: ,'r+«.��. «a a �°�'J� . �� day of �s��. , 19 �}_ �.�,` day of , 19 � day of , 19 } �� ,;� �� day of , 19 «++nn..�. ... �&I�pM � "°� day of , 19 � day of , 19 '�"��' day of , 19 �upM a�w.pelblk hearinp f� � NN�d. tY:to. ..wlll bi� K 1 Mj ' �A��.. undir M�m �`� / �/J bNµY.42t �%1' C�v�oLG �f" [.[.G.C�.Cit 1 ��i�e►n�dK�SKtlwwen - 1�..�� q !'!AN pfOhvN aW � Subscribed and sworn to before me this �� .�i�►."��"�� d ay ��f M��, 19 _8-� 4 .a �n�� '� c , } f�n,rct�o�AwN n- � ns�rl M�wmi�tent w M f#�a, Nr�tel��meM or �� iN�. � � :��_ � Notar}� Public �r.x� , ` c� � Washinqton County, Minnesota ,�a np '°' "s. � '� �"""" ''" My commission expires , 19 � .�, �, . � e ,�.�� '�.,� �� so�n+sn� i1�1{�:,- N�1M'WouN+!I9r h t�,��h�. a A.�A►��QA��"�MJ1AAldARJ�D,AAf�aA�6A��X t+s� �!�++�+ - KAY bt R1TGNIE > F��„i za�, �As�eV�° � ,•;:��'�` NdTARY DUBUC•hlthv��bTA �'':. �� WASHIhG70NC011N'(Y t- � e`�!�'My Commissipn Exp��es Oct. t0.t987 � x�n►'d�n►ds 'uw�Vr"tW'X , . � � AFFIDAVIT OF PUBLICATION STATE OF MINNESOTA COUNTY OF RAMSEY ''"'�. , - , Linda RLecker , being ;�� -j'tiR'"a duly sworn on oath, says: that he is, and during i s' r� all times herein stated has been, Clerk of the "� ' r t �c� Northwest Publications, Inc., publisher of the „x', n e w s p a p e r k n o w n a s t h e S t. P a u l D i s p a t c h, S t. � ° � Paul Pioneer Press, St. Paul Sunday Pioneer +� � �*�� Press, a newspaper of general circulation within c ; ru�� the City of St. Paul and the County of Ramsey. �` ' �.�""�a„� That the Notice hereto attached was cut from ; "�' ';w'��r er the columns of said newspaper and was printed � . '+� �� and published therein on the following dates: aqM p i� �� day of Ntav , 19 �L . `� 'N�p��r ' �nw r� ''"�°, day of , 19 : ,;s` ; ;,�_, day of , 19 e� +�. m day of , 19 � � °�� day of , 19 ,� � p�,, `�; a�. �� day of , 19 f , a;r.ia��n.�r�nq «� dayof , 19 ; �. �:: � fi a i IM Y ��1 � ��A.+,O, '/� �t .�v�cf`ir- ��yL�.Lr /r L��1 �v «i �. .� +�,;�.,�,�,�^�= Subscribed and sworn to before me this ��ro�� ' ;��a� �"'�"t.n �� day �►f nna�� , 19 �..�_ iMeas et n�.�oal�r � sr • M1'Aev�M .�,' y�,.� . � $ 154� ��il f ' :��s Notan• Public ��,�,.,,� �"'� �� Washington Count , Minnesota �.� Y �". R + � ;'�� My commission expires gs�� , 19 —�-'7 �+: ��"''r"'"�" , •�tee►,s�tr,; d an � IM� lr fc�A,.Aaa4A4,aA�apr�A.r� HIiNiR� � •:t.,:.at.�,4`A�AA!( tip�, A�11!f�J./ � � ::�:�w•. !fA Y pd .:..,_,��.�`t :. Rl.(.F?it . 1��. ' NOTARY Pt1i?L�C � �'y�� WASH[NGTpN COUN�TA F'��r�» zaa �`M TY �a��Y Commissbn Expires Oct. t0. 1981 ��►r�'�'�v�y . � . � � , ' AFFIDAVIT OF PUBLICATION STATE OF MINIYESOTA COUNTY OF RAMSEY ��Il�tkes Linda R»ac'k�Y' being NOTICE � � �-THE P o os o N�Ho35 duly sworn on oath,� says: that �he is, and during 0£VEIOPMENT PRO EcT all times herein stated has been, Clerk of the AND TAI( INCREMENT F�- Inc.� publisher �l the NANCtNG DISTRICT AND Northwest Publications, VPON TME.DEVELOPM NT � St. AND REDEVEIOPMENT�ND news a er known 'c�S the St. Paul Dispatch� TAX INCREMENT FINANCING P P PlANS FOR SAtO PROGRAM, Paul Pioneer Press, St. Paul Sundat, Pioneer PROJECT AND DISTRICT ]� - NOTICE IS MEREBV GIV- � eN,�.f.p�Ellche�rinqbetore Press, a newspaper of general circulation within Ms Councll 01 tM U oi SNnt r.,,�,Mlnn�wq wlll�n.�a+� the City of St. Paul and the County of Ramsey. (tAe Clt7� Councll ChamEers, ...e,�: CItY Hslb 15 W�sf Kelioqp Bou�• . � ..,;�_�; . � . � ;lv��d.at 1�00 delock�.m.on . � June 1, ipt, fo ceosi0er tAe &'o ,.� a T�• Ho�:�� .�a That the 1Votice hereto attached was cut from e��o m��f ��f�o.P�� o� "'°c'+Y°Ps.'"'P°°',"^'""°S°- the columns of said news a er and was printed f�to�nderteke s Ner Housinq P P •"° B'a:�`° `°"°p�kK+'°o and published therein on the following dates: maM • nm snd tresfe s �x Incramenf Inanc- � loq Dishicf t0 aulst In finsnc- -:inq 3ab QrOyfaT�nd pr01lcf, � -_�nd fo conslaer approvsl of tAe �� d a of a � , 19 �R 1 Oevelop rrNnt snd Redevelop }� � . ment Pla�and TsM Increnflnl . Fl�ancl�p Pl�n for said pra pnm,Dro�ect aed distrlct . TA• NlYr Nousfnq snd � da of - lllyAted LanCs DevelopmeM � y ro�ecf would be undlrlaken lo � ncr��sa Ma supplr ef Cecenl, �ro.�a��ir.rrno�,.i„9.,,.n- day of , 19 sble In Salnl Pa�l fo meel Ihe Aovslnp nseds of all 7�come prouVs wIM emDhssis on t�e provlslon of rental Aousinq for� low�nA enoderste fncome Der- (� � � fonf a�d Nmllles,to devsloD o� d ay O I � redeveio0� ��coePe�atlon witA� � Crlva/a Mf!/D��M, e7p�fean bliqh�ed, wMeveloped or I�ap� , proprlaNb ussd sNes for provf• d av Of �� 19 � Won of sucA Irouslnp,ta nalst In � 7 � Mepr ovlafon o1 renlel Aouslny ; for low�nd moderNe income ' � tamllles In.fMS�Aevebpmenls, d ay OI 19 - �nA to ffnaece thase undeH�k- � � in4a Dy mqns ol tsa Increment f{n�ntiny. - UOOn sai0 Dublic �eariny � � NI inNrosted penons wlll De y :�e��°►"�o��w��e��a d a of , 19 er wheMer(1)tA1 proiK�srea � �nd sHas Vuallty as �ous�nq, ho�slnq developmeM snd rode• . � � ��velopmenf prolects under Mio- � nssota Stslvles Sedion r6Y.�T1 � . �nd af reAevelopment an0 ` �7 ' Aousfnq dlsfrich under Section �/� t�273.73, lf) tne proiect Isnd - - � ( y�s��f /1 LG LL'� • �would nof pe mad� avsllsDla fo� tM�develoOmeM fo�xeur � if wifMn Yhe rosxOnsble Tuture , aolely fhrovqA privete e�- -!IerDrlia witAOUt fhe faF iotre- SUbSCTlbed and sworn to before me this �.i minl /lnandel assistance Dro- . 'DoseO,13)fhe Developmenf�nd - (� O7 � RedtveiopmeM anA Tav��«�- �� day ��f aV , 17 �.y— �ment Finsnclny Plans wlll et- .�fo�A marlmvm,consfsfeM wit� � '�"tAe sound needs of the Ixallfy \� ��j��t�wMle,fo�AeveloDmeM or "�f!0!vllopTQnt Ot SaiA DfoilCt �:+aress �od distr{N by privete � � • �enlerprice, Il) fhe Develop- menf and RedeveloDmenl and � �;Tax IntnmeM F{osocinp Ptans � conform fo Me Comprehensive " '.�Plan lor Sa1M Paul,.�a ts�ene Notdr�� Public �Prolect and Dfstrltl seovlA be �!cre�te0 and fM Proqrsm�ed �;;�,a!^9 P'•^s�"°��a"•�p- Washington COUnt}'� 1�1innesota Co ies ef Me N�w Nousley . ��n0 BIPpAted Lands Develop; � . menf Pre��ct, Owelopmenl� � •nA Redevelopm�nt Pl�n; � . Pro;aN EIIpIbmry �ne �cnw MV COfT1i111SS1011 expires ��g?��.�'-iP � 19 —Q-7 fles Repert, RelxHion Plan snd T�R Incteme�t F{nanclnp �Plsn�re e�IIN M fhe olflces of the Cltr Clerk,Room�16,tify � Hatl sn0 ef fAe Hovsln and Neeevelopfnent /�vfnor�ty ot !(�,,,�pt the City OI Sainl PYvI.Mfnneso- ¢ �A�a41Ap.�R�� 4��?to..: � fa, ltlh Ilow.C{ty Hall Anne�c, ;i.:;,':;� ., 1^'.�L.M�.ARq,� snA are avNbble lor insDSdfon � ' ,. c.y�, KAY tvT p�^!" � � durin repul�r D�sln�u hours. a ' ,t!'F o.�e�M.rsL�m. �i,�" .�� N�iARVPUlitIC P�HkI:ES;?1q wibert aw� � ``, F,�nn Yu, P�eirDla�M�Y2}no�t0 Q �...�'M WASHINGTr>N(;QUNiY +' --.•----.. . k� Y Commission Expires Q,,t. 1p. 1991� ►wr►�tirr►ren,y,c�,yah,r ori�rw�rvp . r ' ' . AFFIDAVIT OF NUBLICATION STATE OF MINNESOTA COUNTY OF RAMSEY � Notices Linda RLecker , being NOTICE � �THEPPRO OSEO NEw Hou°s � duly sworn on oath, says: that he is, and during DEVEIOPM NTT PROJECT all times .herein stated has been, Clerk of the . AND ?AX INCREMEHT F�. Inc.� publisher �l the • NANC►NG DISTRICT AND Northwest Publications, UPON THE OEVEIOPMENT � - AND RE�EVELOPMENT AND news a er known- as the St. Paul Dispatch� St. TAX INCREMENT FINANCING � P P PLANS FOR SAIO PROGRAM, - � PROJECTANODISTRICT Paul Pioneer Press, St. Paul Sunday Pioneer NOTICE IS HEIiEBV GIV- EN�,.,, vE11cAe�rinqDefore Press, a news a er of eneral circulation within Ms Counc�i o�en�c� ei s��r P P g Pau4 Minmsof�wlll'Xa h.�a�� the City of St. Pau) and the County of Ramsey. 'the Clfy Councll CMmbers. �CItY fNi6 IS W!d KNIOqg 9ou1. . ';:�;'},,. :�v�rb�f 10:00 o'c�xk�.m.on w�� +. �n'. �' "��a�` t�° That the Notice hereto attached was cut from � propos�l of tM No�slnq ind Redevelo ment AulAOrrfy ot MeClfyoP��,Pe„�,M�„��,o. the columns of said newspaper and was printed ta fo vnderteke a Ne.v liouslnq .�d 8��a La�dP k..�oo- and published therein on the following dates: - meM ram sne ro ect, fo ereah• sY Mcrament Insec- Inq Dlshld to�sslst In finsnc- - �.Inq said proYnm and proiecf, � �nd te conHAer�DD�ovd o�the {� � Oevelopme nl a�d RsEeveloP � � day' O• M`3V f 19 �1— ment Pla�and 7aa Incrsmenf Fleanclnq Pl�n for said pro- � pr�rt+,prol�ct end dlstrlct � � � TM New Nouslnq and day of � �'9 llip�ted l�nds DeveloDmeM Pro�ect would be un0erlak�n to � Incra�s�Me suDO�Y of Gscenf, . fNe�nd s�Mt�ry Ao�slnq�vaN• a ay O r ' �n eble In Sei�t Ps�l lo meet 1M � 7 houslnp nsads ot ell Income pfou�s wIM amO�asls on fhe � prOV tloe of ranfN Aouslnq for � � � lew�nd medxsts Income Der- so�t a�d hmilfes,to dev�loD or d ay O f � 19 rlEevelep, In coopenTion wl�h� Brivafe NHerpriq, alpAfeen IIqMSd,undavelopeC o►Insp� a�.��lY wtd sites for provf- d a o f , 19 slon o�sucn lrousinp,fo uslst in Y � Me p�ovfsfen of renfal�ousiny � � - br I�w�nd moderste Income Hmlll�s In IMs�0avebpmenib . r �Md te flnsOte tAese un0�rbk- f1�ps Dy m�ans oi tsr Incremenf d ay O1 � flaincl�p. � Upon ssld puDllt Aeariny � dl IM�rosled penens will Oe � :�e in�ci�co��+i wi°i�o��`a°- d ay of , 19 + er whet��r(1)1r�projKt�rea �nd sltes Qu�llfy st Douslnp, hoodnp derNopment and rede- �vllopmOnf profeds�edsr MIn- � n�sma Stsrotes Section reZ.at �� •nd •f reAeveloDment anE ` �� Mus4np oltlrlcfs under Sectlo� N 273.77, l4) fhe Proied Isnd � L Y"L��C �LG��( �f�rould not M made wNlebla , 11 ror tM�dwelopmsnt f0 OCNf RwlfMo YA!�rossOn�bl� fufuro ��colel� Ihrovqh privele en- � 'KP�k M"^o�f�^�,ex�^�.�- Subscribed and sworn to before me this �menl linenclsl atslstance Dro- � 'Dosed,(31 Me Oevelopmeof soC r O� ;�ReAevelopmenf and Tax�„�.�. � 2�3 d ay �1I �Ma�7 . 19 ---a+� . � ment Flosnclnq Plans wlll af- . y�forA marlmum,consbteM wMA tAe so�nd neeos ot tne Ixailty \ �i s��whole,lor AevelopmeM or � redevelepTenf of S�iE Dro�ecl � :�aress •nd dlsirlcl by prlvate �snlerorlu, la) the Develoo- � menl �nd ReAeveloDmenf snC '�Tsx IncrsmeM Flnenclnp Plans !�conform fo Me Comprehenslve ' � � '. P1ae lor S�Iet Paul,.�a ts�m� Not�n� Public �Proiect and Dlstrld s�ov1A be � � �cre�le0 s�M tM Proq�em an0 L, 1. � FinantF�q Plsnf sAovld De�p• Wc1S111T1 1..On D►oved. g C()U(�t�'� Minnesota Co �es of Me New Nouslnp ��a si�0 neea �aoes w�eioo-� menl Pro�ecl, Devalopment •nd R!ltvtlopm�nt Pl�n� ProIK► E�Ip��u��y ioa Act�v�. MV COIilfTllSSlOtI expires ��-.��+��'_iP. r 19 —�-�] t�es Reperf, RelocNion Plan � �nd Ta■ Intremenl Flnanclnp Plan�re on IIN M tM oMfces o1 - � .1Ae Clty qerk. Room�1{.Glty . INII and O1 IAe NOUSIO an0 � R�ea�e�op(n��t A�tna.RY o� k�w. . fAe Clly ol Salnl P►ul.Mlneew- ¢ p �4�4I.A(ti�,RA4��'J Qt!: ts. 12tA Ilow.Gty Nall Annert, � .. !.:3[.;`.pA�Ax sn0 sre sv�ll�ble lor Inspection �:""•�� dwln royWsr��sineaf heurs. a �} �1� KAY�U �);'�'F1,�C � . Dale1M•r ai..�m. ,. �-�,[:� N�?A!iY PG�(ttf� • /uDert asen �!"�� 14ttt�1:[:S;tTq CltyCllrk � •�'. h1:�. �Y�ISHINGT F��rm 'llir PresrD�aqw�sytsne��o �C��1►►��y COR1c111SS1011 Eppi Q Qi.�'r}Q 19�� f� �'�Y�'��rd1��'►�iVYY11V�yX 'NHITE - CITY CLERK �'""`��'i ��. Y �PINK � - FINANGE �� ^ -� COUi1C11 �� ,�j g� ..ANARY. - DEPARTMENT '�) I �Y lJ F �� I N T PL1 U L File �O. BLUE - MAYOR City Attny/JTH �'�unci� �esot�ution Presented By Referred To Committee: Date Out of Committee By Date RESOLUTION MAKING CERTAIN FINDING, APPROVING A FINANCING PLAN AND CREATING A TAX INCREP�ENT FINANCING DISTRICT FOR THE NEW HOUSING AND BLIGHTED LAND DEVELOPMENT PROJECT WHEREA5, the Housing and Redevelopment Authority of the City of Saint Paul, r4innesota (HRA) has submitted in connection with the New Housing and Blighted Lands Development Project and . Redevelopment Plan heretofore approved by the Council of the City of Saint Paul, Minnesota, a Tax Increment Financing Plan proposing the creation of a tax increment financing district consisting of said Redevelopment Project Area for the purpose of financing said project redevelopment activities and housing provision; and WHEREAS, the said Redevelopment Plan and Tax Increment Financing Plan submitted contain a statement of objectives and development program of the HRA for the improvement and develop- ment of the Redevelopment Project Area and Tax Increment Financing District proposed including property to be acquired, and the Tax Increment Financing Plan contains estimates of the cost of the district, sources of revenue to finance the District, the most recent assessed value of taxable real propert.y within the District, the estimated captured assessed value of the District at completion, the duration of the existence of the District, and a statement of the HRA' s estimate of the impact of tax increment financing on the assessed values of all taxing juris- dictions in which the District is located; and COUNCILIIEN Requestgd by Department of: Yeas Va}�s Hunt levi�e [n Eavor — Maddox McMahon B Showaher __ A ga i n s t Y — -- Tedesco Wilson Form Approved by City Attorney :ldupicd b�• Council: J�ite — �ert�f�ed F'assed by Cuun�•il Secretary �Y - B� _ I � :lpproved by :�tavor. Date _ _ ( Approved by Mayor for Submission to Council B}' ----- — — By – :�HITE - c:1TY CLERK C�t��;�� PINK - FINANCE ! f 5'ANARY. - DEPARTMENT �� I -�,Y � L� ��I ,v r � }�A ij L COU[1C1I � o �.-• B6UE - MAYOR 1' File N0. �ou�ci� �eso��tio� Presented Bv Refecred To Committee: Date Out of Committee By Date -2- WHEREAS, the HRA and City Council have provided an opportunity to members of the Ramsey County Board and Independent School District No. 625 to meet with the xRA Board and City Council and HRA has � presented the Board members of said County and School District its estimate of the fiscal and economic implications of the proposed tax increment financing district; and WHEREAS, on June 9, 1981, the City Council conducted a public hearing upon the Tax Increment Financing Plan after published notice in the Saint Paul Pioneer Press and Dispatch on May 23, 1981, which hearing was held in conjunction with a public hearing to approve the New Housing and Blighted Lands Development Project; and WHEREAS, at said public hearing the City Council heard testimony from all interested parties appearing on the approval of said Project and creation of said District, reviewed. and considered the Project Rede- velopment P1an, Project Eligibility and Activities Report, Relocation Plan and Tax Increment Financing Plan with supporting Analysis, Attachments, Map and Tables, and the findings and determinations of the St. Paul Planning Commission and of HRA, respecting said Project and District; Now Therefore, be it RESOLVED by the Council of the City of Saint Paul, in view of the foregoing hereby approved as findings, that the following further findings are hereby made: l. Upon the evidence presented in the public hearing and upon the data, information, and statistical evidence specifically stated in Section IX of the Tax Increment Financing Plan, the Appendix thereto COUNCILI�IEN Requestgd by Department of: Yeas :�i a��s Hunt Levine [n Eavor Maddox McMahon B snowalter - __ Against Y - -- Tedesco Wilson Form Approved by City Attorney Adopted b�• Cuuncil: Date — _ Certified f'�a�sed by Cuunc-il Secretary BY - B� -- — Appru��ed b� tilavor. Date __ _ Approved by 1+tayor Eor Submission to Council $S' --- --- — BY `.NNITE - CtTY CLERK � *-� "T. y•�/.� PINK - FINANCE ( V t� d T COU[IG1 �F��'� !� .-tANARY,�- DEPARTMENT \) I �L, Y ��' �7 A I I,+T T i,L�jT ii � 9LUE - MAYOR � t�,lle y 0. ��132 CZ� �e50�Zl��01'l Presented By Referred To Committee: Date Out of Committee By Date -3- and as supplemented in the Project Eligibility and Activities Report and by other information available to and knowledge of the Councilmembers, that each of the sites comprising the Project and District Area individually is a redevelopment district within the meaning and provision of Minnesota Statutes Section 273.73 Subdivision 10 (1) or (3) , and that said sites collectively constitute a redevelopment district within the meaning and provision of Section 273 .73 Subdivision 10 (3) , and that the district area is a housing district within the meaning and provision of Section 273.73 Subdivision 11; 2. That the proposed development or redevelopment has not occurred nor would it occur solely through private investment within the reasonably foreseeable future without significant public financial and other Project assistance proposed, that usual sources of public revenue are not adequate to provide the required level vf such public assistance and that, therefore, the use of tax increment financing as proposed in the Plan is necessary to the accomplish- ment of the development and redevelopment of the District in accordance with the Project and District Plans; 3. That the tax increment financing plan conforms to the Saint Paul Comprehensive Plan which is the general plan for the development of the municipality as a whole; COUNCIL1tEN Requestgd by Department of: Yeas Na��S Hunt Levine [n FavOr Maddox McMahon � Showalter __ ��a1f1St Y — -- Tedesco Wilso� Form Approved by City Attorney Ad�>pted h�� Council: Date — � Certifie°d Pc�ssed bt Cuuncil Secretar�� ; BY . E3�: ---------- .�ppr�ved b� 1lavor: Date _ ____ _ � Approved by Mayor for Submission to Council �� BS' -- ---- — By — 4VHITE - CITY CLERK s-:, T PINK . - FINANCE � �� CUUIICII �� +..ANARY - DEPARTMENT �) I T�� C��'� ,7A I :,TT �,1�IT L i, BLUE - MAYOR File i\�. �'aa�nc�� e�olut�on Presented By Referred To Committee: Date Out of Committee By_ Date -4- 4 . That the tax increment financing plan will afford maximum opportunity, consistent with the sound needs of the municipality as a whole, for the development or redevelopment of the district by private enterprise; and 5. That the City of Saint Paul elects FURTHER RESOLVED, by the City Council that the New Housing and Blighted Lands Tax Increment Financing Plan is hereby approved and the HRA is directed to file a copy thereof and of this resolution with the 5tate Planning Agency, and that the New Housing and Blighted Lands Tax Increment Financing District is hereby created and the HRA is directed to file copies of the Plan and this resolution with the Ramsey County Department of Taxation with its request for certification of the original assessed value of the District as described in said Plan. COUNCILI�EN Requestgd by Department of: Yeas :Va��s � Hunt �e��E [n Favor Maddox ` McMahon �.. _ __ Against BY — -- Tedesco Wilson �„.. :�dupted h�� Cuuncil: Date ��"'� � 1�81 Form Approved by City Attorney Cc'rtified }'assed bc Council Secretary BY - �'• ---- -- Appru��ed bti �1a�or. Date — __ __ _____. �pproved by Mayor for Submission to Council B}• -^ – — gY _ OM O1: 12/I975 �� Rev. : 9/8/76 .....______�_ _.._ Rev. ; 5/7/80 EXPLANATION OF ADMI � ,-��"� ""- � F.ev. : 4/30/81 RESOLUTIONS AND ORDINANCES ��(��,� v ��Ck-a�._ �-�. Date: lo�g $ 1 REC�1�� , � ��.�. �u�v $ �- ��, _ I�I . � _ To: IY�v� MAYORS O�FICE � 1- ' . ` / S J FROM: '�c,r11�Y� W�N�k��(" #�°I� l�-dLS ` , ` x�: ��s �o�.s�v. a,,,.� �� .�e: \��- ACTION REQUESTED: a Sc. Si'� o`,�,��,�" � r�� , IS �� n'� � • PURPOSE AND RATIONALE FOR THIS ACTION: �'(� � 50��. � vv`.�.r``- �=".'�..�.�"'� ' , � I V�5 r� ` S-F-� s��. ! � "�°�... � aP��- 0. a -�. ; � + • -� iJ�,� �--�.�� '�- � ��.-� � ' � � FI?�TANCIAL IMPACT: �SS11�W�1 �" O'v�� $ S ' � ` � �-- �r�-C�tl�L� � •. • (Z1�c7�'Q.�C.� 51�5 1 1� �5 Q _ �}� v� .�- �° � � � � . u.a�, � t � � c V`�►�+'� 1 Y�+M7� 1�V� SS !� � � � 1 . . 1 '�''`. .�., . � I J � � � ' l`� � ` 0.,5 SQ.S� tr� 1 V� � � �S 1 T��'= �� (� � - ,, ' ti�� • � C�I,D'�- � � � � � r � o.'n � , Qs�.S `)� �� - � S� ATTACHMENTS: lst � �� _// � �� 2nd�_�/ `� �� (� 3rd -- p' p� I� � I o O � Adopted �- � c J ;j ' G'l :I Yeas Nays HUNT � % � 8�0 „� � LEVINE McMAHOV � �d �a7�1 SHOWALTIIt - TEDESCO ' WILSON I . � PRESIDENT (MADDOX) � " I , f _ � --------_ _-- ;