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Authorization to Extend Tentative Developer Status for the Neighborhood Development Alliance, Inc. for the Property at 72 Cesar Chavez Street, in District 3.
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WHEREAS, the Housing and Redevelopment Authority of the City of Saint Paul, Minnesota (the “HRA”) has duly adopted and there is now in legal effect a City-Wide Comprehensive Plan/Redevelopment Plan for the acquisition, rehabilitation and resale of properties which identify the District del Sol, District 3 area as part of this plan: and
WHEREAS, the City of Saint Paul recognizes the problems created by deteriorated and blighting buildings, inappropriate land use and vacant/underutilized land in its neighborhoods, and also recognizes the need to take the initiative to address these issues by providing redevelopment opportunities in a wide range of economic diversity which could include improving neighborhood commercial corridors in order to revitalize and stabilize our existing neighborhoods which in turn assist in improving the City’s attractiveness for business development and bringing new jobs into the community; and
WHEREAS, the HRA has the power to engage in development or redevelopment activities under Chapter 469 of the Minnesota Statutes, Housing and Redevelopment Act (the “Act”) and by authority of said Act engages in activities related to: 1) housing projects and development; 2) removal and prevention of the spread of conditions of blight and deteriorations; 3) bringing substandard buildings and improvements into compliance with public standards; 4) disposition of land for private development; and 5) improving the tax base and the financial stability of the community; and engages in the aforementioned activities when redevelopment or development needs cannot be met through reliance solely upon private initiative, and may engage in said activities in targeted neighborhoods; and
WHEREAS, the HRA board approved a proposal for redevelopment of the HRA-owned parcel at 72 Cesar Chavez S...
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