Resolution - #00-03-059 - 03/14/2000

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• WHEREAS, the real property described below (the "Subject Property ") can feasibly be connected to municipal utilities and has good development characteristics for development as an industrial park; and WHEREAS, pursuant to Minn. Stat. §469.124, et. seq. (the "Development District Act ") the City has established Development District No. 1 (the "Development District ") by resolution duly adopted, and subsequent resolutions, the City adopted the Development Program and approved creation of the Development District in order to carry out the Development Program; and WHEREAS, the purpose of the State Legislature in establishing City Development Districts, is to promote new development in areas of a City that are already built up in order to provide employment opportunities, to improve the tax base, and to improve the general economy of the State; and WHEREAS, Minn. Stat. §469.124, in order to accomplish said statute's purpose, authorizes cities, amongst other things, to develop a program for improving a Development District of the City to provide impetus for commercial development, to increase employment, to provide off - street parking to serve the shoppers and employees of the district to provide open space relief within the District, to protect pedestrians from vehicle traffic and inclement weather; and WHEREAS, Minn. Stat. §469.124 further declares that the actions to assist the implementation of the above development programs authorized by said statute are a public purpose and that the execution and financing of these programs are a public purpose; and WHEREAS, the City, pursuant to Minn. Stat. §469.126, has the authority to acquire land by eminent domain within its Development Districts in order to carry out the Development Program; and WHEREAS, the City has authority to acquire real property for public purposes by eminent domain pursuant to Minn. Stat. Chapter 117 and pursuant to its City Charter; and WHEREAS, the City has the right to acquire the real property prior to the filing of an award by the Court appointed commissioners, pursuant to Minn. Stat. §117.011 and § 117.042; and WHEREAS, the City finds and declares that it is in the public interest to acquire title to and possession of the real property prior to the filing of an award by the Court appointed commissioners; and WHEREAS, the real property which needs to be acquired for the industrial park purposes described above is legally described as follows: Parcel A: The Southwest Quarter of the Northeast Quarter of Section 28, Township 32, Range 25, Anoka County, Minnesota except the North 150 feet thereof, and Lot 1, AUDITOR'S SUBDIVISION NUMBER 34, Anoka County, Minnesota. AND RESOLUTION # 00-03 - Page 2 of 5