Agenda - Council - 07/31/1990 - Special

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Utility costs within TIF District No. 5 will be paid through tax increment and special assessments. Commercial site improvements and street and utility construction within TIF District No. 2 will be paid through tax increment. I. Relocation. The City anticipates that no relocation will be necessary but accepts its responsibility for providing for relocation pursuant to Section 469.133 of the City Development District Act. If relocation is necessary, provisions will be made in accordance with Minnesota Statutes, Sections 117.50 through 117.56, inclusive. J. Administration of Development District. Maintenance and operation of the public improvements will be the responsibility of the Administrator of Development District No. 1. Each year the Administrator will submit to the City Council the maintenance and operation budget for the following year. The Administrator will administer the Development District pursuant to the provisions of Section 469.131 of the City Development District Act; provided, however, that such powers may only be exercised at the direction of the City Council. No action taken by the Administrator shall be effective without authorization by the City Council. The City does not anticipate the need to create an advisory board to advise the City Council on the planning, construction or implementation of the activities and improvements outlined in the Development District Program. K. Rehabilitation. Owners of properties within Development District No. 1 may be encouraged to rehabilitate their properties to conform to the applicable state and local codes and ordinances, as well as any design standards implemented by the City. Owners who purchase property within the Development District from the City may be required to rehabilitate their properties as a condition of sale. The City may provide such rehabilitation assistance as may be available from federal, state or local sources. L. Description of Development District. Lists of the properties included within Development District No. I were attached to the Program documents adopted on August 27, 1985 and on June 30, 1986. A list of properties added to Development District No. 1 was included in two modifications to the Development Program adopted March 29, 1988. These lists are incorporated herein by reference. No additional property is being added to Development District No. 1 as a result of this modification. A map of the approximate boundaries of Development District No. 1 is included in Exhibit A hereto.