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File #: RES PH 19-276    Version: 1 Name: Amendments to Riverfront Redev Plan and Riverfront Ren TIF Plan
Type: Resolution-Public Hearing Status: Passed
In control: City Council
Final action: 8/21/2019
Title: Amending the redevelopment plan for the Riverfront Redevelopment Project Area, and approving the adoption of an amendment to the tax increment financing plan for the Riverfront Renaissance Redevelopment Tax Increment Financing District (Districts 3 and 17, Ward 2).
Sponsors: Rebecca Noecker
Attachments: 1. St Paul HRA Riverfront Redevelopment Plan 4th Amendment, 2. St Paul HRA Amendent to Riverfront Renaissance TIF Plan, 3. Planning Comm Resol #19-40 (Amend Riverfront Redev Plan)
Title
Amending the redevelopment plan for the Riverfront Redevelopment Project Area, and approving the adoption of an amendment to the tax increment financing plan for the Riverfront Renaissance Redevelopment Tax Increment Financing District (Districts 3 and 17, 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 Saint Paul Riverfront 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 Fourth Amendment to Redevelopment Plan for the Saint Paul Riverfront Redevelopment Project Area (the “4th Amendment to Redevelopment Plan”) to enlarge the Project Area pursuant to and in accordance with the HRA Act;
WHEREAS, the Saint Paul Planning Commission, on August 9, 2019, reviewed said 4th Amendment to Redevelopment Plan, and adopted resolution #19-40 approving the same as being in 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 HRA has performed all actions required by law to be performed prior to approving the 4th Amendment to Redevelopment Plan. The HRA has requested that the City approve the 4th Amendment...

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