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Resolution Approving and Designating Phalen Village Partnership as Tentative Developer for the HRA owned parcels located at 1371 Phalen Boulevard, and 1150,1165, and 1180 Prosperity Avenue and 1186 Prosperity Avenue upon acquisition by the HRA District 2, Ward 6.
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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 Minn Stat Section 469.002, Subd. 14; and
WHEREAS, as described in the staff report accompanying this Resolution, HRA staff prepared a successful grant application for a project for the HRA owned site consisting of the following parcels of land: 1371 Phalen Boulevard, and 1150,1165 and1180 Prosperity Avenue, and upon acquisition by the HRA 1186 Prosperity Avenue (collectively the “Development Site”); and
WHEREAS, staff is recommending that Phalen Village Partnership (“Developer”) be granted tentative developer status for the Development Site. The Developer proposes to build 24,000 square feet of commercial space and 60 units of housing that is consistent with City zoning and the Pha...
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