Title
Resolution Authorizing a Retail Management Amendment to the Parking Operation and Management Agreement (Parking Agreement) with Victory Parking, Inc. at Lawson Municipal Ramp at 10 W. 6th Street, Saint Paul, District 17, Ward 2
Body
WHEREAS, the Housing and Redevelopment Authority of the City of Saint Paul, Minnesota (“HRA”) is a public body corporate and politic organized, existing, and operating under the laws of the State of Minnesota, Minn. Stat. Sec. 469.001, et seq. (the “Act”); and
WHEREAS, the HRA has the power to engage in development and redevelopment activities under the Act and when needs cannot be met through reliance solely upon private initiative, which can also be undertaken in targeted neighborhoods, and is authorized to create redevelopment projects as defined in the Act, and said activities include but are not limited to: (a) providing adequate, safe and sanitary dwellings, remedying housing shortages for low and moderate income residents, and providing housing for persons of all incomes through housing projects and development, (b) removing and preventing blight or deterioration, (c) bringing substandard buildings and improvements into compliance with public standards, (d) performing duties according to the comprehensive plan, (e) disposing of land for private redevelopment, and (f) improving the tax base and the financial stability of the community; and
WHEREAS, the HRA owns the parking ramp and retail space at Lawson Municipal Ramp at 10 W. 6th Street, Saint Paul, District 17, Ward 2.
WHEREAS, the ownership and operation of the Lawson Ramp parking and retail facilities improves the tax base, improves the financial stability of the community, and creates jobs for low and moderate income persons; and
WHEREAS, the HRA has entered into a parking management agreement with Victory Parking, Inc. through December 31, 2025; and
WHEREAS, the parking management agreement with Victory Parking has also includes retail mana...
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