Resolution - #06-02-056 - 02/21/2006

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WHEREAS, the Subject Property is located in TIF District No. 2 (a redevelopment District created in 1986); and WHEREAS, acquisition of the Subject Property by the City is essential in order to eliminate the Subject Property as a barrier to redevelopment; and WHEREAS, development of the Subject Property is unlikely to occur without the City's involvement, acquisition of the Subject Property to further development according to the City's objectives; and WHEREAS, the City Council finds that among the public benefits to be served by acquisition or redevelopment of the Subject Property are, expansion of the property tax base, increase of employment opportunities, expansion of retail, commercial and employment services available to residents, and furtherance of the objectives for which the Development District was established; and WHEREAS, the City Council finds that redevelopment of the Subject Property pursuant to the provisions of the Development Program is necessary, convenient, desirable, for a public purpose, in the best interests of the citizens of the City and would promote the general health, welfare and safety of the community; and WHEREAS, the Development Program contemplates that substantial portions of the Subject Property should be redeveloped for commemial/industrial development; and WHEREAS, the City Council finds that the commercial/industrial development on the Subject Property is in the public interest and in furtherance of the City's goals and objectives for the Development District; and WHEREAS, entry onto the Subject Property is rationally related to the health, safety or welfare concerns of the City in connection with the possible eminent domain proceedings; and WHEREAS, the City Council finds that it is reasonable, necessary, proper, convenient, for a public purpose, and in the interest of the public health, safety, convenience, and general welfare of the citizens of the City that title to and possession of the real estate hereinafter described be acquired in furtherance of the Project. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF RAMSEY, ANOKA COUNTY, STATE OF MINNESOTA, as follows: That the City Council hereby finds that it is necessary that the Subject Property be acquired in fee simple absolute for the stated public purposes through the exemise of the power of eminent domain. That the City Attomey is hereby authorized and directed to take all steps necessary to acquire said real estate by use of eminent domain proceedings. JML-275247v2 2 RA125-65