Resolution - #06-02-053 - 02/21/2006

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Councilmember Pearson introduced the following resolution and moved for its adoption: RESOLUTION #06-02-053 RESOLUTION AUTHORIZING AND DIRECTING THE CONDEMNATION OF CERTAIN PROPERTY FOR DEVELOPMENT PURPOSES WHEREAS, the City of Ramsey ("City") is a municipal corporation and subdivision of the State of Minnesota organized and operating under Minnesota law, and is authorized by Minn. Stat. § 412.211, § 465.01, Ch. 469 and by its City Charter to acquire real estate by exercising the power of eminent domain under and pursuant to Minn. Stat., Ch. 117; and WHEREAS, pursuant to Minn. Stat. Ch. 469, the City has the authority to establish development districts, development projects and tax increment financing districts; and WHEREAS, the City Council properly adopted Development District No. I (the "Development District") on August 27, 1985, and thereafter amended the Development District on June 30, 1986; March 29, 1988; December 13, 1994; November 24, 1998; and October 23 2001; and WHEREAS, the Amended and Restated Development Program for Development District No. 1 was adopted on October 23, 2001; and WHEREAS, within the Development District, the City created T1F District No. 1 on August 27, 1985 (a redevelopment district); TIF District No. 2 on June 30, 1986 (a redevelopment district); TIF District No. 4 on August 11, 1987 (a redevelopment district); TIF District No. 5 on April 24, 1990 (an economic development dishfct); TIF District No. 6 on September 12, 1995 (an economic development district); TIF District No. 7 on January 25, 2000 (a redevelopment district); and TIF District No. 8 on December 12, 2000 (a redevelopment district); and TIF District No. 9 on October 23, 2001 (a housing district); and TIF District No. 10 on October 23, 2001 (an economic development district); and WHEREAS, the parcels of real estate listed in Exhibit A attached hereto and incorporated herein ("Subject Property") are located within the Development District and are among the parcels which may be acquired; and WHEREAS, the City Council has adopted its Development Program for the Development District which provides that the future use of the Subject Property will be for commercial/industrial development and related purposes; and WHEREAS, the City has performed all actions required by law to be performed prior to the creation and amendment of the Development District, and adoption of the Development Program and TIF Plan; and WHEREAS, the City Council finds that the Subject Property includes underutilized and vacant land; and JML-275247v 1 RAI25~5