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File #: RES PH 15-371    Version: 1
Type: Resolution-Public Hearing Status: Passed
In control: City Council
Final action: 12/16/2015
Title: Amending the redevelopment plan for the Koch-Mobil Redevelopment Project Area and approving the adoption of an amendment to the tax increment financing plan for the Koch Mobil Tax Increment Financing District. (District 9, Ward 2)
Sponsors: Dave Thune
Attachments: 1. Amended Koch-Mobil Redevelopment Plan, 2. Amended Koch Mobil TIF Plan

Title

Amending the redevelopment plan for the Koch-Mobil Redevelopment Project Area and approving the adoption of an amendment to the tax increment financing plan for the Koch Mobil Tax Increment Financing District. (District 9, Ward 2)

Body

WHEREAS, the City Council of the City of Saint Paul (the “Council”) has the statutory responsibility under Minnesota Statutes, Section 469.028, to approve redevelopment plans and projects of the Housing and Redevelopment Authority of the City of Saint Paul, Minnesota (the “HRA”), after public hearing thereon.

WHEREAS, the HRA has heretofore established the Koch-Mobil Redevelopment Project Area (the “Project Area”) and has adopted a redevelopment plan therefor (the “Redevelopment Plan”) pursuant to Minnesota Statutes, Sections 469.001 to 469.047, as amended (the “HRA Act”).

WHEREAS, the Redevelopment Plan contains an identification of need and statement of objectives and program of the HRA for carrying out a redevelopment project, including property to be acquired, public improvements to be provided, development and redevelopment to occur, and sources of revenue to pay redevelopment costs within the Project Area.

WHEREAS, the HRA has asked the Council to approve the First Amendment to the Koch-Mobil Redevelopment Project Area Plan (the “1st Amendment to Redevelopment Plan”) to enlarge the Project Area pursuant to and in accordance with the HRA Act.

WHEREAS, the HRA has performed all actions required by law to be performed prior to approving the 1st Amendment to Redevelopment Plan, including, but not limited to, consultation with the Planning Commission.  The HRA has requested that the City approve the 1st Amendment to Redevelopment Plan following the holding of a public hearing upon published notice as required by law.

WHEREAS, the HRA has also asked the Council to approve the First Amendment to the Tax Increment Financing Plan (the “1st Amendment to TIF Plan”) for the Koch Mobil Tax Increment Financing District (the “TIF District”), which is located within the Project Area, heretofore created as a redevelopment tax increment financing district under Minnesota Statutes, Section 469.174, Subdivision 10 (the “TIF District”), all pursuant to and in accordance with Minnesota Statutes, Sections 469.174 through 469.1794 (the “TIF Act”).

WHEREAS, the HRA has performed all actions required by law to be performed prior to the adoption of the 1st Amendment to TIF Plan including, but not limited to, notification of the Ramsey County Commissioner representing the area of the County in which the TIF District is located, and delivering a copy of the 1st Amendment to the TIF Plan to Ramsey County and Independent School District Number 625, which have taxing jurisdiction over the properties included in the TIF District.  The HRA has requested that the City approve the 1st Amendment to TIF Plan following the holding of a public hearing upon published notice as required by law.

WHEREAS, on this date, the Council conducted a public hearing on the 1st Amendment to Redevelopment Plan and the 1st Amendment to TIF Plan, after published notice thereof.

WHEREAS, at said public hearing the Council heard testimony from all interested parties on the 1st Amendment to Redevelopment Plan and the 1st Amendment to TIF Plan.

WHEREAS, the Council has considered the documentation submitted in support of the 1st Amendment to Redevelopment Plan and the 1st Amendment to TIF Plan and has taken into account the information and knowledge gained in hearings upon and during consideration of other matters relating to the developments proposed within the Project Area.

NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Saint Paul, Minnesota (the “City”) as follows:

Section 1.                     Findings for the Approval of the 1st Amendment to Redevelopment Plan.

1.01                     The Council hereby finds that the 1st Amendment to Redevelopment Plan is intended and, in the judgment of the Council, the effect will be, to carry out the objectives of the Redevelopment Plan, as amended, and to provide an impetus for redevelopment activities in the City and to otherwise promote certain public purposes and accomplish certain objectives as specified in the Redevelopment Plan.

1.02                     The Council hereby finds that:

(a)                     for the reasons set forth in the Redevelopment Plan, as amended by the 1st Amendment to Redevelopment Plan, and based on representations of owners and potential developers of land in the Project Area to whom assistance will be or has been provided, such land would not be redeveloped without such assistance; therefore, the land in the Project Area, as amended pursuant to 1st Amendment to Redevelopment Plan, would not be made available for redevelopment without the financial aid to be sought;

(b)                     the Redevelopment Plan, as amended by the 1st Amendment to Redevelopment Plan, will afford maximum opportunity, consistent with the needs of the City as a whole, for the redevelopment of the Project Area by private enterprise; and

(c)                     the Redevelopment Plan, as amended by the 1st Amendment to Redevelopment Plan, conforms to the Saint Paul Comprehensive Plan and the general plan for the development of the City as a whole.

Section 2.                     Findings for the Adoption of First Amendment to TIF Plan.

2.01                     The Council hereby finds that the 1st Amendment to TIF Plan is intended and, in the judgment of the Council, its effect will be, to carry out the objectives of the Redevelopment Plan and to create an impetus for redevelopment activities in the Project Area, including, but not limited to, developing or redeveloping sites, lands or areas within the Project Area, creating a mixed use urban neighborhood, eliminating the adverse physical and environmental conditions that exist in the Schmidt Brewery Area, and otherwise promoting certain public purposes and accomplishing certain objectives as specified in the Redevelopment Plan and the 1st Amendment to TIF Plan.

2.03                     The Council hereby ratifies and confirms the findings made in connection with the establishment of the TIF District.

                     The Council hereby makes the following additional findings:

(d)                     The Council further finds that the proposed development, in the opinion of the Council, would not occur solely through private investment within the reasonably foreseeable future and, therefore, the use of tax increment financing is deemed necessary.  The specific basis for such finding being:

The 1st Amendment to TIF Plan, among other things, creates the opportunity to stimulate development of lands or areas within the Project Area that would not otherwise occur without tax increment assistance.

(e)                     The Council further finds that the 1st Amendment to TIF Plan conforms to the general plan for the development or redevelopment of the City as a whole.  The specific basis for such finding being:

The 1st Amendment to TIF Plan will generally complement and serve to implement policies adopted in the City’s comprehensive plan.  The public redevelopment contemplated by the 1st Amendment to TIF Plan is in accordance with the City’s comprehensive plan.

(f)                     The Council further finds that the 1st Amendment to TIF Plan will afford maximum opportunity consistent with the sound needs of the City as a whole for the development of the Project Area by private enterprise.  The specific basis for such finding being:

The proposed development and redevelopment will further the development of private property in the Project Area, within the City.

Section 3.                     Approval of the 1st Amendment to Redevelopment Plan and the 1st Amendment to TIF Plan.

3.01.                     The 1st Amendment to Redevelopment Plan and the 1st Amendment to TIF Plan is hereby approved.

3.02.                     The staff of the HRA and the HRA’s advisors and legal counsel are authorized and directed to proceed with the implementation of the 1st Amendment to Redevelopment Plan and the 1st Amendment to TIF Plan and for this purpose to negotiate, draft, prepare and present to the Board of Commissioners of the HRA or Council for their consideration all further plans, resolutions, documents and contracts necessary for this purpose.

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