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HomeMy WebLinkAboutResolution 99-60*NOT READ* RESOLUTION 99-60 BEING A RESOLUTION OF THE COLUMBIA HEIGHTS CITY COUNCIL IMPOSING A TWELVE MONTH MORATORIUM ON THE ESTABLISHMENT OF CURRENCY AND OTHER FINANCIAL SERVICE INSTITUTIONS OR BUSINESSES WITHIN THE CITY OF COLUMBIA HEIGHTS. WHEREAS, the City Council of the City of Columbia Heights is concerned about the overall market for new currency and other financial service institutions or businesses within the City of Columbia Heights; and, WHEREAS, there are several vacant buildings in Columbia Heights formerly occupied by financial institutions; and, WHEREAS, the City Council has determined that the existing Zoning Ordinance lacks clarity to adequately address current standards for currency and other financial service institutions or businesses; and, WHEREAS, the Columbia Heights Zoning Ordinance is in the process of being rewritten; anC~' WHEREAS, the City Comprehensive Plan is in the process of being updated; and, WHEREAS, a market analysis will be conducted as part of the Master Redevelopmerit Plan for Downtown Columbia Heights which will provide the City with information on the demand for additional/expanded land uses including currency and other financial services in Columbia Heights. NOW, THEREFORE BE IT RESOLVED THAT the Columbia Heights City Council hereby imposes a twelve month moratorium on the establishment of new currency and other financial service institutions or businesses in Columbia Heights, with said moratorium commencing and effective the date of adoption of this resolution, and recognizing said twelve month time period may be shortened by adoption of a resolution of the City Council upon earlier consideration of findings. PASSED THIS Offered by: Seconded by: Roll Call: DAYOF . 1999 Mayor Gary L. Peterson Jo-Anne Student, Council Secretary