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Resolution making certain findings with respect to buildings and improvements and authorizing the execution of a demolition and development agreement, District 13, Ward 1
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WHEREAS, under Minnesota Statutes, Section 469.174, subd. 10(d), the Housing and Redevelopment Authority of the City of Saint Paul, Minnesota (the “HRA”) is authorized to deem parcels as occupied by a structurally substandard building despite prior demolition or removal of the building, subject to certain terms and conditions as described in this resolution; and
WHEREAS, Snelling-Midway Redevelopment, LLC (or its affiliate, assignee or successor, the “Developer”) is the owner of, or otherwise has control of and legal access to, certain property located in the area bordered by Snelling Avenue, University Avenue, Pascal Street and St. Anthony Avenue in the City of St. Paul, Minnesota (the “Redevelopment Area”), including without limitation the property operated as Big Top Wine & Spirits and identified as Parcel ID # 342923320005 and the property operated as the Midway Shopping Center and identified as Parcel ID # 342923320015 (collectively, the “Property”), which Property is included in the TIF Analysis Findings for 1544 & 1460-1536 University Avenue West, dated June 18, 2020, prepared by LHB, Inc. (the “LHB Report”); and
WHEREAS, the Developer intends to submit an application to the HRA for tax increment assistance in connection with a proposed development to be constructed by the Developer or its successors or assigns on the Property, which application will request that the HRA include the Property and other parcels in the Redevelopment Area in one or more redevelopment tax increment financing districts within the meaning of Minnesota Statutes, Section 469.174, subd. 10 (collectively, the “TIF District”); and
WHEREAS, for public safety and redevelopment reasons, the Developer wishes to demolish one or more of the substandard buildings currently located on the Property in conne...
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