Resolution approving a certain redevelopment plan 1992.10.20r
OTSEGO ECONOMIC DEVELOPMENT AUTHORITX
! RESOLUTION APPROVING A CERTAIN REDEVELOPMENT.' PLAN
At a meeting of the Hoard of Cotttmissioners of the Economic
Development Authority of the City of Otsego held on the 20th day of
October 1992, at 2:30 otclock p.m., the following Commissioners
were present:
Larry Fournier
Floyd Roden
Ron Black
Norman Freske "
Douglas Lindenfelser
Commissioner Ron Black offered the following Resolution:
WHEREAS, the City Council of the City of Otsego, Minnesota
(hereinafter "City"), pursuant to a resolution of the City Council
established the Economic Development Authority, of the City of
Otsego (hereinafter "Authority") which has the powers contained in
Minnesota Statutes, Section 469,090 to 469.108, the powers of a
Housing and Redevelopment Authority under Minnesota Statutes,
Section 469,001 to 469,047 or any other law, and powers of a city
under Minnesota Statutes, Section 469,124 to 469,134 or any other
Law: and
WHEREAS, it is desirable and in the public interest that the
Authority, undertake and carry out a redevelopment plan pursuant to
Minnesota Statutes, Section 469,001 to 469,047, encompassing the
area which is indicated on Exhibit A attached hereto and made a
part hereof, (hereinafter "Redevelopment Area" or "Project"); and
WHEREAS, the Authority has reviewed the "Redevelopment Plan
for the Otsego Conmtunitor Centex Project", dated October 15, 1992
(hereinafter "Plan") , which sets :Forth a redevelopment plan for the
Redevelopment Area; and
WHEREAS, the'Authority is required to submit the Plan to the
Otsego Planning commission for review; and
- WHEREAS, Minnesota Statutes, Section 469.028, Subd. 1 requires
that the Authority, after determination that the Project should be
undertaken, shall apply to the City for approval of said Plan, and
WHEREAS, the Plan was presented to this meeting of the
Authority for Consideration and approval.
NOW, THEREFORE, BE IT RESOLVED by the Economic Development
Authority of the City of Otsego as follows:
Section 1. That the Redevelopment Area described in the Plan
•••-is a Redevelopment Project taithin the meaning of Minnesota
Statutes, Section 469.002, Subdivision 14.
( Section 2. That said Plan and Project will carry out the
�,
purpose and policy of Minnesota Statutes, Chapter 469.001. to
469,047, and Section 469,124 to 469.134.
Section 3. That said Plan is all respects is approved, subject
to the approval of the Otsego Planning Commission and the secretary
is hereby directed to file said Plan with the minutes of this
meeting.
Section 4. That the plan be submitted to the Otsego Planning
Commission for review.
Section 4. That application is hereby made to the City Council
of the City of Otsego, subject to prior approval by the Otsego
Planing Commission, for approval of said Plan and the staff of the
Authority is directed to transmit a copy of the Plan, along with a
copy of this resolution and the written opinion of the Planning
Commission, to the City Council.
Section S. That the City Council is hereby requested to hold
a public hearing on the Plan after giving published notice of the
date, time, place and purpose of such hearing in a newspaper of
general circulation in the City, such notice to be published at
least ten days and no more than thirty days prior to the date of
the hearing.
Section G. That the City Council is hereby requested to
approve said Plan and Project and to find by resolution that: (A)
the land in the Project area would not be made available for
redevelopment without the financial aid to be sought; (B) the Plan
for the Project area in the locality will afford maximum
opportunity, consistent with the sound needs of the locality as a
whole, for the redevelopment of such area by private enterprise;
and (C) the Plan conforms to a general plan for the development of
the city as a whole.
Said Resolution was duly seconded by Commissioner Norm Freske
and put to a vote. Voting in favor �rere Commissioners:
Larry Fournier
Floyd Roden
Ron Black
Norman
Douglas
Adopted this 20th day of Octo
ATTDST:
J ome Perra lt,
EDA6B
etary
Freske
Lindenfelser
1992.
er, Presiden