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introduced <br /> Member <br />lution and moved its adoption: <br /> <br />the following reso- <br /> <br /> BE IT <br />of the City of Ramsey, Anoka County, Minnesota <br />as follows: <br /> 1. It is hereby found, determined and <br />follows: <br /> <br /> RESOLUTION NO. <br />RESOLUTION GIVING PRELIMINARY APPROVAL TO <br />A PROJECT UNDER THE MUNICIPAL INDUSTRIAL <br />DEVELOPMENT ACT, REFERRING THE PROPOSAL <br />TO THE COMMISSIONER OF SECURITIES FOR <br />APPROVAL AND AUTHORIZING THE PREPARATION <br />OF NECESSARY DOCUMENTS. <br /> RESOLVED by the City council (the "city Council") <br /> (the "City"), <br /> <br />declared as <br /> <br /> 1.1. The welfare of the State of Minnesota (the <br />"State") requires active promotion, attraction, encour- <br />agement and development of economically sound industry <br />and commerce through governmental acts to prevent, so <br />.far as possible, emergence of blighted lands and areas <br />of chronic unemployment, and it is the policy of the <br />State to facilitate and encourage action by local gov- <br />ernment units to prevent the economic deterioration of <br /> such areas to the point where the process can be re- <br /> versed only by total redevelopment through the us~ ~f <br /> local, state and federal funds derived from taxatlo , <br /> 't <br /> with the attendant necessl y of relocating displaced <br /> persons and of duplicating public services in other <br /> areas. <br /> 1.2. Technological change has caused a shift to a <br /> significant degree in the area of opportunity for edu- <br /> cated youth to processing, transporting, marketing, <br /> service and other industries, and unless existing and <br /> related industries are retained and new industries are <br /> developed to use the available resources of the city, a <br /> large part of the existing investment of the community <br /> and of the State as a whole in educational and public <br /> service facilities will be lost, and the movement of <br /> talented, educated personnel of mature age to areas <br /> where their services may be effectively used and compen- <br /> sated and the lessening attraction of persons and bus- <br /> inesses from other areas for purposes of industry, com- <br /> merce and tourism will deprive the City and the State of <br /> the economic and human resources needed as a base for <br /> providing governmental services and facilities for the <br /> remaining population. <br /> <br /> <br />