12-030 - 04-17 - golden hills redevelopment project - renaming I-394 corridor plan NEEDS ATTACHMENT Resolution 12-30 April 17, 2012
Member Pentel introduced the following and moved its adoption:
RESOLUTION APPROVING REVISION OF THE REDEVELOPMENT PLAN
FOR THE GOLDEN HILLS REDEVELOPMENT PROJECT AND RENAMING IT THE
I-394 GORRIDOR REDEVELOPMENT PLAN
BE IT RESOLVED, by the City Council for the City of Golden Valley ("the Council"
and "the City" respectively) as follows:
Section 1. Recitals.
1.01. On Octaber 16, 1984 the City adopted the Golden Hills Redevelopment Plan,
which it amended an December 11, 1998.
1.02. It has been proposed that the City modify the Golden Hills Redevelopment
Plan (the "Plan") as defined by Minnesota Statutes, Section 469.002, subdivision 16, by
updating actions taken to date ta fulfill the Plan, by expanding the area included in the Plan
in keeping with the I-394 Corridor Study, by outlining actions yet to be taken, and by
renaming it the I-394 Corridor Redevelopment Plan.
1.03. The Housing and Redevelopment Authority of the City of Golden Valley ("the
HRA") has investigated the facts and pursuant to Minnesota Statutes, Section 469.OQ1 to
469.047, has caused to be prepared a pr4posed revision af the Plan (the "Revised Plan")
for the I-394 Corridor Redevelopment Area setting forth the information specified in Section
1.02, which it adopted on March 13, 2012.
1.04. On March 26, 2012, the Planning Cammission reviewed the Revised Plan
and faund it in conformance with the City's Comprehensive Plan.
1.05. On April 5, 2012 notice of a public hearing on the desirability of amending the
Plan was published, as required by law, in the official newspaper af the City.
1.06. The Cauncil held a public hearing on the Revised Plan on April 17, 2012.
Section 2. Approval of Revised Redevelo�m ,ent Plan. On the basis of the Revised
Plan adopted by the HRA and the information elicited from eonsultation with the Planning
Commission and at the public hearing referenced above:
2.01. The Revised Plan proposes that the Authority undertake certain
redevelopment activities for the purpose of encouraging redevelopment of properties in the
Redevelopment Area. The Council hereby finds that the Revised Plan would improve the
Redevelopment Area by retarding blight and encouraging private redevelopment of
property therein, thereby increasing employment and housing opportunities and the tax
base of the City and overlapping taxing jurisdictians.
Resolution 12-30 - Continued April 17, 2Q12
2.02. The Council hereby finds that in certain cases the land in the Revised
Redevelopment Project Area would not or may not be made available without the financial
aid sought since private developers could not economically develop the Revised
Redevelopment Project Area without the proposed redevelopment activities.
2.03. The Council hereby finds that the Revised Plan will afford maximum
opportunity, consistent with the sound needs of the City as a whole, for the development of
the Revised Redevelopment Project Area by private enterprise.
2.04. The Council hereby finds that the Revised Plan conforms to the general plan
for the development or redevelopment of the City as a whole and is compatible with the
City's zoning ordinances and ather related regulations and encourages efficient use of
existing infrastructure as set forth in the City's Land Use Plan. It is in the best interests of
the City to approve the Revised Plan.
2.05. The Council hereby approves the Revised Plan attached hereto as
Attachment A and directs that it be placed on file in the office of the City Clerk.
Shep rd M. Harris, ayor
ATTEST:
���•
Susan M. Virnig, City Clerk
The motion for the adoption of the foregoing resolution was seconded by Member Freiberg
and upon a vote being taken thereon, the following voted in favor thereof: Clausen,
Freiberg, Harris, Pentel and Scanlon; and the following voted against the same: none,
whereupon said resolution was declared duly passed and adopted, signed by the Mayor
and his signature attested by the City Clerk.