Title
Resolution authorizing additional expenditures for the redevelopment of 800 Robert Street South, District 3, Ward 2
Body
WHEREAS, the Housing and Redevelopment Authority of the City of Saint Paul, Minnesota (the “HRA”) is a public body corporate and politic established pursuant to the provisions of Minnesota Statutes, Section 469.001, et seq. (the “Act”); and
WHEREAS, the HRA has the power to engage in development or redevelopment activities under Minnesota law and the HRA is authorized to engage in activities relating to (a) housing projects and development, (b) removal and prevention of the spread of conditions of blight or deterioration, (c) bringing substandard buildings and improvements into compliance with public standards, (d) disposition of land for private redevelopment, and (e) improving the tax base and the financial stability of the community, and to engage in the aforementioned activities when these needs cannot be met through reliance solely upon private initiative and which can also be undertaken in targeted neighborhoods; and is authorized to create redevelopment projects as defined in Minnesota Statutes, Section 469.002, Subdivision 14; and
WHEREAS, the HRA owns a vacant lot at 800 Robert Street South, Saint Paul (the “Parcel”); and
WHEREAS, the legal description of the Parcel is as follows: Lot 2, Auditor’s Subdivision of Lot 6, Bidwell’s Addition to West St. Paul, Ramsey County, Minnesota; and
WHEREAS, on August 26, 2020, by Public Hearing Resolution PH 20-178, the HRA approved and authorized the sale and conveyance of the Parcel to Neighborhood Development Alliance (“NeDA”), authorized execution of a development agreement with NeDA to construct a new single-family house on the Parcel in compliance with Community Development Block Grant (“CDBG”) regulations, authorized expenditures to subsidize the redevelopment in the amount of $125,000 which included $13,300 in land acquisition financing by an HRA forgivable loan, and a c...
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