Title
Resolution Approving and Designating The Ackerberg Group as Tentative Developer for the Public Safety Annex at 100 East 10th Street, Saint Paul, MN, District 17, 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, 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 financial stability of the community when these needs cannot be met through reliance solely upon private initiative and that can be undertaken in targeted neighborhoods; and
WHEREAS, the site known as the Public Safety Annex located in downtown Saint Paul, MN at 100 East 10th Street (“Property”) is currently owned by the City of Saint Paul (“City”); and
WHEREAS, as described in the staff report accompanying this Resolution, HRA staff issued a Request for Offers (“RFO”) for the Property; and
WHEREAS, three responses were received to the RFO to purchase the Property for commercial purposes; and
WHEREAS, after reviewing the offers, HRA staff is recommending that The Ackerberg Group (“Developer”) be granted tentative developer status for the Property because Developer’s proposal to redevelop the Property and invest in adjacent City-owned public green space (together the “Project”) best accomplishes the stated HRA goals and objectives for the Property, and the Developers have the demonstrated experience and qualifications necessary to successfully redevelop the Property; and
WHEREAS, this Board finds the Project serves a public purpose ...
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