Title
Resolution Authorizing Sale and Conveyance of a Property Located at 670 Thomas Avenue, Located in Frogtown Planning District 7, Ward 1, to Greater Frogtown Community Development Corporation.
Body
WHEREAS, the Housing and Redevelopment Authority of the City of Saint Paul, Minnesota (HRA), has duly adopted and there is now lawfully in effect in the City of Saint Paul, Minnesota, a City Wide Comprehensive/Redevelopment Plan (Comp Plan) providing for the acquisition, clearance and resale of land for redevelopment which includes Frogtown District 7 area within the Comp Plan and the City Consolidated Five-Year Plan; and
WHEREAS, on November 19, 2008 the City Council approved by Resolution 08-1270 submittal of an amendment to the 2008 Consolidated Plan to the United States Department of Housing and Urban Development (HUD) in order to receive $4.3 million of Neighborhood Stabilization Program 1 (NSP1) funds, and on January 28, 2009 the City received a letter from HUD approving the amendment and the funding; and
WHEREAS, on February 25, 2009 the HRA approved the NSP1 Plan under the programmatic umbrella of the Invest Saint Paul Initiative (ISP) and approved a budget amendment to carry out that Plan which included the acquisition, demolition and redevelopment of properties in designated ISP/NSP areas; and
WHEREAS, on February 6, 2013, the City Council approved by Resolution PH 13-32 an amendment to the NSP1 budget authorizing the use of NSP1 program income; and
WHEREAS, on November 28, 2012, the HRA approved by Resolution 12-2129 the Affordable Housing Trust Fund Allocation Plan, which included authorization to fund a development gap financing program at the Twin Cities Community Land Bank (TCCLB) and established certain procedures for the sale of property in conjunction with TCCLB’s program; and
WHEREAS, the HRA has purchased, demolished, and prepared for redevelopment certain properties consistent with the aforementioned plans, including a property loc...
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