97-11 HRA Resolution
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Resolution 97-11
October 14, 1997
Commissioner Anderson introduced the following resolution and moved its
adoption:
RESOLUTION APPROVING REVISION OF THE
VALLEY SQUARE REDEVELOPMENT PLAN
(Area "B" Section of Part II: Redevelopment Plan Components)
BE IT RESOLVED by the Housing and Redevelopment Authority (the
"Authority") in and for the City of Golden Valley, Minnesota (the "City") as follows:
Section 1. Recitals.
1.01. It has been proposed that the Authority modify the Redevelopment
Plan (as last revised through May 7,1991) (the "Plan") by updating actions taken
to date to fulfill the Plan, by outlining actions yet to be taken and by revising the
Plan characteristics for Area "B", pursuant to and in accordance with Minnesota
Statutes, Sections 469.001 to 469.047, inclusive, as amended.
1.02. The Authority has investigated the facts and has caused to be
prepared a proposed revision of the Plan (the "Revised Redevelopment Plan")
for the Valley Square Redevelopment Area setting forth the information specified
in Section 1.01.
1.03. The Authority hereby determines that it is necessary and in the best
interest of the City at this time to adopt the revision to the Redevelopment Plan
(attached as Exhibit A), contingent upon its review by the Planning Commission,
and to request that the City Council (the "Council") of the City hold a public
hearing relating to the Revised Redevelopment Plan.
Section 2. Approval of the Revised Redevelopment Plan.
2.01. The revisions to the Valley Square Redevelopment Plan presented
to the Authority on this date are hereby approved and adopted.
2.02 The Redevelopment Plan, as received by the Authority on this date,
shall be forwarded to the Council with the request that the Council hold a public
hearing relating to its adoption, and it be placed on file in the office of the City
Clerk.
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Resolution 97-11 (Gontinued)
October 14, 1997
Section 3. Filing of revised Redevelopment Plan.
3.01. The Authority shall cause the revision of the Redevelopment Plan,
as finally approved and adopted, to be filed with the Minnesota Department of
Revenue.
ATTEST:
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Motion for the adoption of the foregoing resolution was seconded by
Commissioner Russell; and upon a vote taken thereon, the following voted in
favor thereof: Anderson, Johnson and Russell; the following voted against the
same: none; and the following were absent: LeSuer and Micks, whereupon said
resolution was declared duly passed and adopted, signed by the Chair and her
signature attested by the Director.
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Resolution 97-11 (Continued)
EXHIBIT A
October 14, 1997
Area "B"
Location: North of Highway 55, extending up to Bassett Creek; west of
Winnetka Avenue, extending to Wisconsin Avenue -- Overall size: 29
acres
1978 Characteristics: Mid-size commercial strip center with three outlying
buildings along Highway 55; two small-size commercial strip centers along
Winnetka Avenue; a supermarket and miscellaneous other small
commercial operations; two single-family homes along Creek.
Plan Characteristics: Improved traffic circulation; generally mixed uses with
emphasis on commercial.;. M .am:I. residential uses.
Redevelopment Activities Completed To-Date:
· Acquisition and removal of one of the two houses
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· Acquisition and removal of Hennepin Co-Op building (business relocated
within Valley Square, on Lewis Road) for street realignment purposes
· Acquisition and removal of former Jerry's NewMarket building
· Vacation of Vermont Avenue adjacent to street realignment
· Realignment of Golden Valley Road to a more northerly location, beginning
just west of supermarket and continuing through Area A
· Former Golden Valley Road alignment west of Vermont Street alignment
closed to through traffic but retained for local access and to protect
underlying utilities
Current Action Plan Components:
· Commeroial Mixed use redevelopment of sites cleared for Winnetka Avenue
improvement (see Winnetka Avenue Overlay Area) and additional land
acquired between Golden Valley Road and Bassett Creek
· Acquisition and removal of remaining single family residence
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· Acquisition of vacant lot from Marquette Bank of Golden Valley adjacent to
Bassett Creek and Wisconsin Avenue
· Bassett Creek amenities