Res 1986 - 29 Extract of a Meeting of the City Council of Mendota Heights (4/15/1986)536L
RESOLUTION NO. 86-29
EXTRACT OF A MEETING OF THE
CITY COUNCIL OF THE CITY OF
MENDOTA HEIGHTS, MINNESOTA
HELD: April 15, 1986
Pursuant to due call and notice thereof, a regular meeting
of the City Council of the City of Mendota Heights, Dakota
County, Minnesota, was duly called and held at City Hall in
said City on the 15th day of April, 1986, at 7:30 p.m. for the
purpose of approving an amendment to the tax increment
financing plan for Tax Increment Redevelopment District No. 1
and the modification of Tax Increment Redevelopment District
No. 1.
The following members were present:
Lockwood, Blesener, Cummins, Hartmann & Witt
and the following were absent:
NONE
Councilmember Blesener introduced the following
resolution, the reading of which was dispensed with by
unanimous consent, and moved its adoption:
RESOLUTION APPROVING THE MODIFICATION OF TAX
INCREMENT REDEVELOPMENT DISTRICT NO. 1 AND
AMENDMENT OF THE TAX INCREMENT FINANCING PLAN
RELATING THERETO
BE IT RESOLVED by the City Council (the "Council") of the
City of Mendota Heights, Minnesota (the "City"), as follows:
Section 1. Recitals.
1.01. It has been proposed that the City modify Tax
Increment Redevelopment District No. 1 (the "District") and
modify the Tax Increment Financing Plan relating thereto (the
"Plan"), all pursuant to and in accordance with Minnesota
Statutes, Sections 273.71 to 273.78, both inclusive, as
amended.
1.02. The Council has investigated the facts and desires
to amend the Plan and modify the District by deleting 'two -'N -
parcels from the District and adding three parcels to the
District.
1.03. The City has taken all action required by law to be
taken prior to the modification of the District and the
amendment of the Plan including, but not limited to,
notification of Dakota County and Independent School District
No. 197 which have taxing jurisdiction over the District, and
the holding of a public hearing, following published notice as
required by law.
Section 2. Modification of Tax Increment Redevelopment
District No. 1 and Amendment of Tax Increment Financing Plan.
2.01 Appendix A to the Plan for the District, adopted
April 1, 1981, revised April 21, 1981 and May 5, 1981, is
hereby amended as follows:
(a) Parcels numbered 45 and 46 on page A-3 (PIN:
27-48300-030-03 and 27-48300-040-03, respectively) (the
"Deleted Parcels") are hereby deleted from the District. The
Deleted Parcels total 4.2 acres in size (2.10 acres each), are
listed under property category A, and have a taxable value of
$9,456 each and have no structures located thereon.
(b) The following three parcels are hereby added to the
District and Appendix A: a) PIN 27-19100-192-05, b) PIN
27-19100-194-05 and c) PIN 27-19100-195-05 (hereinafter "Parcel
192-05", "Parcel 194-05", and "Parcel 195-05", respectively)
(collectively, the "New Parcels"). The New Parcels have
current taxable values as follows: Parcel 192-05 - $26,480.,
Parcel 194-05 - $37,410 and Parcel 195-05 - $38,988. The New
Parcels total approximately 3.8 acres in size: Parcel 192-05 is
2.89 acres, Parcel 194-05 is .385 acres, and Parcel 195-05 is
.525 acres. The New Parcels shall be listed under property
category A and have the following structures: Parcel 192-05,
old barn used for furniture storage (Comm.), Parcel 194-05, old
basement furniture showroom (Comm.) and Parcel 195-05, old
filling station and convenience store (Comm.)
(c) The totals for property categories listed on page
A-12 of Appendix A are hereby amended to read as follows:
A - $ 962,429
B - $4,544,632
C - $ 51,433
2.02. Except as herein modified all provisions of the
Plan shall remain in`full force and effect as originally
adopted and revised on April 1, 1981, April 21, 1981 and May 5,
1981.
Section 3. Findings for the Modification of District and
Amendment of Plan.
3.01. The Council hereby finds that the modification of
the District and the amendment of the Plan is intended and, in
the judgment of this Council, its effect will be, to provide an
impetus for commercial development in the City, to increase
employment and otherwise promote certain public purposes and
accomplish certain objectives as specified in the Tax Increment
Financing Plan.
3.02. The Council hereby finds that after the addition of
the New Parcels to the District, the District qualifies as a
redevelopment district as defined in Minnesota Statutes,
Section 273.73, Subd. 10 in that the following conditions
exist:
"70 percent of the parcels in the district
are occupied by buildings, streets, utilities
or other improvements and 20 percent of the
buildings are structurally substandard and an
additional 30 percent of the buildings are
found to require substantial renovation or
clearance in order to remove such existing
conditions as: inadequate street layout,
incompatible uses or land use relationships,
overcrowding of buildings on the land,
excessive dwelling unit density, obsolete
buildings not suitable for improvement or
conversion, or other identified hazards to
the health, safety and general well being of
the community."
The specific basis for such finding being:
That the structures located on each of the three.parcels to.be incorporated into
the District are structurally substandard, non -conforming uses and access to the
area does not meet minimum City standards. That the overall redevelopment of the
property would contribute to an improvement ot the appearance ot the area, conform
to sound planning principals as to access and safety, and enhance the tax base of
the City.
3.03. The Council further finds that the proposed
development, in the opinion of the Council, would not occur
solely through private investment within the reasonably
foreseeable future and, therefore, the use of tax increment
financing is deemed necessary. The specific basis for such
finding being:
That a subsidy to the improvements necessary to redevelop the properties, specifically
the site clearanc- -- :: - --= omically
feasible, and meet City policies for safety, and that such.deve opment would not occur
within the reasonably forseeable future solely through private investment, without
such subsidy, and therefore, the use of Tax Increment Financing is necessary.
3.04. The Council finds that the Tax Increment Financing
Plan conforms to the general plan for the development or
redevelopment of the City as a whole. The specific basis for
such finding being:
The Tax Increment Financing Plan will
generally compliment and serve to implement
policies adopted in the City's comprehensive
plan.
3.05 The Council further finds that the Tax Increment
Financing Plan will afford maximum opportunity consistent with
the sound needs of the City as a whole, for the development of
Development District No. 1 by private enterprise. The specific
basis for such finding being:
The City's assistance is required to promote
the quality of the development anticipated
for this area. The expansion of the tax base
and creation of the new employment
opportunities meets the needs of the City as
determined by the City Council.
Section 4. Approval of the Modified District and Amended
Plan, and Request to Certify Original Assessed Value.
4.01. The modification to the District and amendment to
the Plan is hereby approved and the Plan, as amended, shall be
placed on file in the office of the Clerk.
4.02. The Council hereby authorizes the City Treasurer to
request the Dakota County Auditor to certify the original
assessed value of the District as such value has changed by the
addition of the New Parcels and the removal of the Deleted
Parcels from the District.
The motion for the adoption of the foregoing resolution
was duly seconded by Councilmember WITT , and
upon vote being taken hereon, the following voted in favor
thereof:
all
and the following voted against the same:
none
Whereupon said resolution was declared duly passed and
adopted and was signed by the Mayor and attested by the Clerk.
Dated: April 15, 1986.
g41---t2r •cycLidt-t-cL
Mayor
Attest:
a)42eoz°
C e