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HomeMy WebLinkAboutResolution No. 2009-65RESOLUTION 2009-65 CITY OF COLUMBIA HEIGHTS, MINNESOTA A RESOLUTION REQUESTING FUNDS IN THE AMOUNT OF $100,000 FROM THE ANOKA COUNTY HRA LEVY TO FINANCE THE GAP IN THE REDEVELOPMENT OF THE NORTHWEST CORNER OF 37TU AND CENTRAL, IN THE CITY OF COLUMBIA HEIGHTS. WHEREAS, the City Council was invited by the Anoka County Housing and Redevelopment Authority (ACHRA) to participate in ACHRA economic development activities; and, WHEREAS, Council passed a resolution on September 10, 2007 to participate in the Anoka County Housing and Redevelopment Authority (ACHRA) economic development activities; and, WHEREAS, the ACHRA would levy a tax in Columbia Heights each year of participation, for a minimum of five years; and, WHEREAS, that the City, by participation in the ACHRA economic development activities, can request fiords to support the City's redevelopment and housing maintenance anal improvement goals; and, WHEREAS, the redevelopment of the northwest quadrant of 37`x' and Central continues the City's endeavors and goals in revitalizing the central business district: and WHEREAS, Anoka County Community Development staff indicated that gap funding assistance for the redevelopment of 37thand Central would be a qualified expenditure; and, WHEREAS, the 37`x' and Central LLC entered into an agreement on June 24, 2008 and subsequently amended on April 28, 2009 with the City of Columbia Heights and the City of Columbia Heights' Economic Development Authority (EDA); and, WHEREAS, the redevelopment of 37`h and Central requires $] 00,000 in gap funding assistance. BE IT FURTHER RESOLVED that the City of Columbia Heights requests $100,000 from the Anoka County HRA for gap funding assistance for the redevelopment of 37t~' and Central based on the provisions of the Redevelopment Contract for Private Redevelopment, dated April 28, 2009 as amended, between the City of Columbia Heights, Columbia Heights EDA and the 37t~' and Central LCC Passed. this 26`x' day of May, 2009 Offered by: Williams Seconded by: Kelzenberg Roll Call: Aye: Peterson, Williams, Nawrc ~t~st: t ,1 S Patricia Muscovitz, CMC City Clerk