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Agenda - Economic Development Authority - 04/13/2017
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Agenda - Economic Development Authority - 04/13/2017
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3/17/2025 2:14:23 PM
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Meetings
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Economic Development Authority
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04/13/2017
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RELEVANT LINKS: <br /> II. City development tools <br /> A. General city development powers <br /> Minn.stat.§469.041. Cities have authority to aid and cooperate in the planning, construction, or <br /> operation of economic development, and housing and redevelopment <br /> projects. The following is a partial list of actions cities may take, with or <br /> without compensation: <br /> • Dedicate, sell, convey, or lease any of its interests in any property or <br /> grant easements, licenses, or any other rights or privileges to an HRA. <br /> • Furnish parks, playgrounds, recreational, community education, water, <br /> sewer, and drainage facilities or other works adjacent to or in <br /> connection with housing and redevelopment projects. <br /> Minn.stat.§469.192. A statutory city,home rule charter city, economic development authority, <br /> housing and redevelopment authority, or port authority may make a loan to <br /> a business, a for-profit or nonprofit organization, or an individual for any <br /> purpose the entity is otherwise authorized to carry out under any of the <br /> laws cited. <br /> Judd Supply Co.v. Private development projects that receive public financial or other <br /> Merchants&Mfgs.Ins.Co., <br /> 448 N.w.2d 895(Minn.Ct. assistance will not necessarily become public projects that trigger <br /> App.1989. competitive bidding or other state laws applicable to public works. <br /> B. Housing and redevelopment authorities <br /> The predominant method of delivering and administering housing and <br /> redevelopment programs in Minnesota is through a legal public agency, <br /> accountable to city government. A city may establish this public agency, <br /> which is often the HRA. There are more than 230 HRAs in Minnesota. <br /> 1. Elements of an HRA <br /> Minn.stat.§§469.001 to An HRA is a public corporation with power to undertake certain types of <br /> 469.047. <br /> Minn.stat.§469.003. housing and redevelopment or renewal activities. While state legislation <br /> conveys authority for housing and redevelopment in each city, it is up to <br /> the city council to formally establish an HRA before it can do business and <br /> use its powers. Once a council legally establishes an HRA, it may <br /> undertake certain types of planning and community development activities <br /> on its own with council approval. <br /> Minn.stat.§469.003,subd. To create a housing and redevelopment authority, the city council must, by <br /> 1. <br /> resolution, make the following findings required by law: <br /> League of Minnesota Cities Handbook for Minnesota Cities 11/4/2014 <br /> Community Development and Redevelopment Chapter 15 1 Page 5 <br />
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