Title
Resolution Approving the Establishment of the Ford Site Redevelopment Project Area and the Ford Site Redevelopment Tax Increment Financing District, Approving a Redevelopment Plan and Tax Increment Financing Plan therefor and Approving an HRA Budget Amendment, District 15, Ward 3
Body
WHEREAS, there has been submitted to and considered at this meeting of the Board of Commissioners of the Housing and Redevelopment Authority of the City of Saint Paul, Minnesota (“HRA”) a Redevelopment Plan (the “Redevelopment Plan”) for the Ford Site Redevelopment Project Area (the “Project Area”); and
WHEREAS, the proposed Redevelopment Plan identifies conditions existing in the proposed Project Area, contains an identification of need and a statement of purpose and objectives, land uses and standards for development for carrying out a redevelopment project, and lists the redevelopment activities and techniques to be employed in carrying out these objectives, including provision for the elimination of conditions of blight and deterioration existing in identified neighborhood areas by private development and construction or rehabilitation of real property for housing and commercial uses with provision of off-street parking, new streets or other public improvements serving such areas; and
WHEREAS, the Saint Paul Planning Commission has reviewed the Redevelopment Plan for the Project Area and approved the same as being in the conformity with the Saint Paul Comprehensive Plan and the general plan for the development and redevelopment of the City as a whole; and
WHEREAS, the Redevelopment Plan will assist in the redevelopment of blighted, substandard and deteriorated or deteriorating areas as a mix of housing and commercial uses with related public infrastructure resulting in the revitalization of neighborhood areas, will assist in the provision of off-street parking facilities to alleviate conditions of traffic congestion, street parking proliferation and air pollut...
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